Brookdale Senior Living

Brookdale Senior Living Associate Recognized as a "Women of Distinction" Honoree in Senior Living

Retrieved on: 
Wednesday, April 3, 2024

NASHVILLE, Tenn., April 2, 2024 /PRNewswire/ -- A Brookdale Senior Living leader has been recognized by McKnight's as a "Women of Distinction" honoree in the senior living industry.

Key Points: 
  • NASHVILLE, Tenn., April 2, 2024 /PRNewswire/ -- A Brookdale Senior Living leader has been recognized by McKnight's as a "Women of Distinction" honoree in the senior living industry.
  • The program, in its sixth year, recognizes women who have made significant contributions to the senior living, skilled nursing or home care fields.
  • Peck is a registered nurse with 35 years of experience in a variety of clinical and healthcare management settings.
  • McKnight's Women of Distinction awards are a joint program of McKnight's Long-Term Care News, McKnight's Senior Living and McKnight's Home Care.

Ventas Reports 2023 Full Year Results and Provides 2024 Outlook

Retrieved on: 
Wednesday, February 14, 2024

A description of full year 2023 results is as follows:

Key Points: 
  • A description of full year 2023 results is as follows:
    2023 Net (Loss) Income Attributable to Common Stockholders per share increased $0.02 compared to 2022.
  • 2023 Total Company Net Operating Income* (“NOI”) increased year-over-year by 4.5% and Total Company Same-Store Cash NOI* was 8.1% higher year-over-year.
  • Successful Execution of Equitized Loan Portfolio Transaction: Ventas successfully took ownership of and integrated the collateral for the “Santerre” mezzanine loan.
  • Ventas expects to report 2024 per share Attributable Net Income to common stockholders, Nareit FFO and Normalized FFO within the following ranges:

LTC Completes Brookdale Portfolio Transaction

Retrieved on: 
Monday, January 8, 2024

LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, today announced the completion of its previously announced process involving its 35-property Brookdale Senior Living (“Brookdale”) portfolio.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, today announced the completion of its previously announced process involving its 35-property Brookdale Senior Living (“Brookdale”) portfolio.
  • The 35-property assisted living portfolio was modified as follows:
    17 communities across four states including Colorado (six), Texas (six), Kansas (four), and Ohio (one), with a total of 738 units, were re-leased to Brookdale.
  • LTC received proceeds of $23.2 million, net of transaction costs and seller financing, and anticipates recording a gain of $17.0 million related to the sales.
  • “LTC committed to successfully position the previous Brookdale portfolio by re-leasing some properties and selling others.

Life Plan Communities Market Estimated to Reach US$ 187.48 Billion by 2030 Globally, at a CAGR of 10.2%, says CoherentMI

Retrieved on: 
Thursday, December 14, 2023

Secondly, the growing trend of wellness and active aging is fueling the demand for life plan communities.

Key Points: 
  • Secondly, the growing trend of wellness and active aging is fueling the demand for life plan communities.
  • Two emerging trends in the Life Plan Communities Market are:
    Emphasis on personalized and customized services: Life plan communities are increasingly focusing on providing personalized and customized services to residents.
  • Continuing Care Retirement Communities (CCRCs) are expected to dominate the Life Plan Communities market during the forecast period.
  • Key players operating in the Life Plan Communities market include Erickson Living, ACTS Retirement Life Communities, Brookdale Senior Living, and Life Care Services.

Life Plan Communities Market Estimated to Reach US$ 187.48 Billion by 2030 Globally, at a CAGR of 10.2%, says CoherentMI

Retrieved on: 
Thursday, December 14, 2023

Secondly, the growing trend of wellness and active aging is fueling the demand for life plan communities.

Key Points: 
  • Secondly, the growing trend of wellness and active aging is fueling the demand for life plan communities.
  • Two emerging trends in the Life Plan Communities Market are:
    Emphasis on personalized and customized services: Life plan communities are increasingly focusing on providing personalized and customized services to residents.
  • Continuing Care Retirement Communities (CCRCs) are expected to dominate the Life Plan Communities market during the forecast period.
  • Key players operating in the Life Plan Communities market include Erickson Living, ACTS Retirement Life Communities, Brookdale Senior Living, and Life Care Services.

LTC Reports 2023 Third Quarter Results and Discusses Recent Activities

Retrieved on: 
Thursday, October 26, 2023

Third quarter 2023 financial results were impacted by:

Key Points: 
  • Third quarter 2023 financial results were impacted by:
    Higher interest income from financing receivables due to the acquisition of 11 assisted living and memory care communities during the 2023 first quarter, and three skilled nursing centers during the 2022 third quarter.
  • During the third quarter of 2023, LTC completed the following transactions:
    As previously announced, originated a $17.0 million mezzanine loan with an affiliate of Galerie Living.
  • As a result, LTC expects to receive all contractual interest of $19.5 million due from Prestige Healthcare in 2023.
  • LTC will conduct a conference call on Friday, October 27, 2023, at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time), to provide commentary on its performance and operating results for the quarter ended September 30, 2023.

Certinal Named a “Leader” in IDC MarketScape: Worldwide eSignature Software 2023

Retrieved on: 
Tuesday, September 12, 2023

In a remarkable testament to its rapid rise and unwavering commitment to excellence, Certinal has proudly been recognized as a Leader in the IDC MarketScape: Worldwide eSignature Software 2023 Vendor Assessment (doc #US49646923, September 2023).

Key Points: 
  • In a remarkable testament to its rapid rise and unwavering commitment to excellence, Certinal has proudly been recognized as a Leader in the IDC MarketScape: Worldwide eSignature Software 2023 Vendor Assessment (doc #US49646923, September 2023).
  • The IDC MarketScape for eSignature evaluated a diverse spectrum of eSignature solutions, rigorously analyzing their capabilities across various dimensions.
  • "We take immense pride in our recognition as a Leader in the IDC MarketScape for eSignature," stated Aatish Dedhia, CEO of Certinal eSign.
  • Certinal’s e-signature solution makes business frictionless and compliant, and the story of Certinal is a must-read for those stuck with legacy signing systems."

InnovAge Strengthens Board with Appointment of New Independent Director

Retrieved on: 
Monday, August 14, 2023

Sparks joins InnovAge’s Board as Sean Traynor of Welsh, Carson, Anderson & Stowe steps down.

Key Points: 
  • Sparks joins InnovAge’s Board as Sean Traynor of Welsh, Carson, Anderson & Stowe steps down.
  • The InnovAge team and Board thank Mr. Traynor for his service.
  • “We are thrilled to have her on our team.”
    “We are excited to welcome Teresa to the InnovAge Board,” said Patrick Blair, President and CEO.
  • She also serves as a board member and advisor to privately held, innovative healthcare companies; including Valtruis with a focus on advancing value-based care.

Nashville Health Care Council Announces Speakers, Agenda for Inaugural Nashville Healthcare Sessions Conference

Retrieved on: 
Thursday, August 17, 2023

Today, the Nashville Health Care Council proudly announced the agenda and speaker details for its inaugural Nashville Healthcare Sessions conference, featuring some of the healthcare industry’s most influential innovators and dealmakers.

Key Points: 
  • Today, the Nashville Health Care Council proudly announced the agenda and speaker details for its inaugural Nashville Healthcare Sessions conference, featuring some of the healthcare industry’s most influential innovators and dealmakers.
  • The lineup for the inaugural Sessions conference is a testament to the prominence and impact of our region’s massive healthcare cluster,” said Apryl Childs-Potter, president of the Nashville Health Care Council.
  • Nashville Healthcare Sessions, named as a nod to the collaborative spirit of Nashville’s music legacy, offers a unique conference experience that begins with two days of curated content, invitation-only dinners for chief healthcare executives and a networking reception.
  • Presenting sponsors include Acadia Healthcare , Brookdale Senior Living , Community Health Systems , HCA Healthcare , Lifepoint Health and Optum .

LTC Re-Leases 10 Properties from Brookdale Senior Living Portfolio

Retrieved on: 
Monday, August 7, 2023

LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, today announced that it has re-leased 10 of the 35 properties in its Brookdale Senior Living (“Brookdale”) portfolio to Brookdale under a new master lease.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, today announced that it has re-leased 10 of the 35 properties in its Brookdale Senior Living (“Brookdale”) portfolio to Brookdale under a new master lease.
  • This new master lease includes six properties in Colorado and four in Kansas.
  • “We have now leased nearly half of the properties we targeted to lease and are working toward transactions on the remaining properties including selling certain properties.
  • “Brookdale has been a great partner through the years, and we are happy to have reached an outcome that benefits all parties.”