HCP, Brookdale Restructure Relationship with $1B in Transactions

IRVINE, Calif., and BRENTWOOD, Tenn. — Two of the largest publicly traded companies in the seniors housing space — Irvine based REIT HCP (NYSE:HCP) and Brentwood-based owner-operator Brookdale Senior Living (NYSE: BKD) — have announced a series of transactions totaling

Bill Sciortino Joins Discovery Senior Living as Chief Operating Officer

BONITA SPRINGS, Fla. — Discovery Senior Living has hired Bill Sciortino as its new chief operating officer (COO). In this position, Sciortino will lead and focus continuing efforts to drive innovation and deliver a more customized, resident-centric lifestyle experience, according to

Dominion Senior Living Launches Everlan Independent Living Brand

KNOXVILLE, Tenn. — Dominion Senior Living, a Knoxville-based owner and operator of 13 assisted living and memory care communities across South Carolina, Tennessee and Kentucky, has launched a new independent living brand: Everlan by Dominion Senior Living.

HCP Expands Credit by $750M

IRVINE, Calif. — HCP Inc. (NYSE: HCP), an Irvine-based healthcare REIT, has closed an amended and restated credit agreement providing for a $2.5 billion unsecured revolving credit facility and a new $250 million unsecured term loan facility.