A lot has happened at Brookdale Senior Living (NYSE: BKD) over the last few years in what can only be described as a tumultuous period. Operating 844 communities as of March 31, the company is still the largest owner and operator of seniors housing in the country. However, Brookdale’s stock price has struggled mightily in recent years. While trading at nearly $40 per share as recently as 2015, the company’s stock price has not gone above $10 per share since late 2017. (The stock closed at $6.52 per share on …
NORMAN, Okla. — MedCore Partners and The National Realty Group (TNRG) have unveiled plans for a 188-unit seniors housing community in Norman, just south of Oklahoma City.
DALLAS — Rick Pruett, a 21-year veteran within the seniors housing industry, died suddenly on June 8 of a heart attack.
PLANO, Texas — KWA Construction has completed McDermott Park Senior Living, a seniors housing community in Plano, which was named a Best Place to Retire in 2018 by Livability.
KENTUCKY — KeyBank Real Estate Capital has provided $38.9 million through the FHA 232/223(f) mortgage insurance program to GMF Capital. The financing will refinance five skilled nursing facilities located throughout the state of Kentucky.
If senior living could have a fresh start, what could it look like? That’s the question asked by global architecture firm Perkins Eastman in a year-long investigation, co-sponsored by J+J Flooring Group, to identify the external influences that have the potential to reshape where seniors live, what they do, and how they access healthcare.
OAKLAND, Calif. — Bay Area Community Services (BACS) and Kaiser Permanente have announced a partnership that will house 515 aging, homeless individuals in Oakland.
MITCHELLVILLE, Md. — Kendal Corp. has announced that Ann Gillespie was named CEO of Collington, a 125-acre, Kendal-affiliated continuing care retirement community (CCRC) in Mitchellville, approximately 13 miles east of Washington, D.C.
CHANDLER, Ariz. — Cadence Living has acquired 7.7 acres in Chandler, approximately 20 miles southeast of Phoenix, with plans to build a seniors housing community on the site.
CONCORD, Calif. — CBRE has arranged $19.9 million in financing for Carlton Senior Living Concord, a 152-unit independent living community in Concord, approximately 25 miles northeast of San Francisco.