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Brookdale Senior Living Inc (BKD.N)

BKD.N on New York Stock Exchange

8.66USD
16 Nov 2018
Change (% chg)

$0.14 (+1.64%)
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Latest Key Developments (Source: Significant Developments)

Ventas To Acquire Distinctive Seniors Housing Community In Manhattan
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Ventas Inc ::VENTAS TO ACQUIRE DISTINCTIVE SENIORS HOUSING COMMUNITY IN MANHATTAN.VENTAS INC - DEAL FOR APPROXIMATELY $194 MILLION.VENTAS INC - TO ACQUIRE PREMIER SENIORS HOUSING COMMUNITY FROM BROOKDALE SENIOR LIVING.VENTAS INC - BROOKDALE SENIOR LIVING TO OPERATE COMMUNITY UNDER MANAGEMENT CONTRACT ON CLOSING OF DEAL.  Full Article

Brookdale To Sell Brookdale Battery Park
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Brookdale Senior Living Inc ::PRESS RELEASE - BROOKDALE AGREES TO SELL BROOKDALE BATTERY PARK; WILL CONTINUE TO MANAGE THE PREMIER MANHATTAN COMMUNITY FOLLOWING CLOSING.BROOKDALE SENIOR LIVING INC - TO SELL BROOKDALE BATTERY PARK INDEPENDENT LIVING COMMUNITY FOR ABOUT $194 MILLION TO VENTAS INC.BROOKDALE SENIOR LIVING INC - COMPANY EXPECTS PROCEEDS FROM SALE OF THIS COMMUNITY TO BE APPROXIMATELY $140 MILLION.BROOKDALE SENIOR LIVING INC - VENTAS HAS SELECTED BROOKDALE TO MANAGE COMMUNITY UNDER A SEPARATE MANAGEMENT AGREEMENT FOLLOWING CLOSING OF SALE.  Full Article

Land & Buildings Urges Brookdale Senior Shareholders To "Press For Substantial Real Estate Monetization"
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Brookdale Senior Living Inc ::LAND & BUILDINGS SENDS OPEN LETTER TO BROOKDALE SENIOR LIVING SHAREHOLDERS.LAND AND BUILDINGS INVESTMENT MANAGEMENT SAYS URGES BROOKDALE SENIOR SHAREHOLDERS TO "PRESS FOR SUBSTANTIAL REAL ESTATE MONETIZATION".LAND & BUILDINGS SAYS BROOKDALE'S REAL ESTATE IS LIKELY VALUED AT $7-$8 BILLION, $16-$19 PER SHARE NET.LAND & BUILDINGS SAYS BROOKDALE'S BOARD SHOULD "AGGRESSIVELY" SELL ASSETS.LAND & BUILDINGS SAYS BROOKDALE SHOULD "IMMEDIATELY" SELL PORTFOLIOS OF $500 MILLION TO $1 BILLION.LAND & BUILDINGS SAYS URGE BROOKDALE SHAREHOLDERS TO PRESS BOARD FOR ANNUAL MEETING TO INCLUDE &/OR REFLECT MORE SHAREHOLDER-FRIENDLY GOVERNANCE CHANGES.LAND & BUILDINGS SAYS BROOKDALE'S BOARD SHOULD ALSO PURSUE SENIOR HOUSING REIT FOR ITS REAL ESTATE.  Full Article

Land & Buildings Sends Letter To Brookdale Senior Living Shareholders
Monday, 9 Jul 2018 

July 9 (Reuters) - Brookdale Senior Living Inc ::LAND & BUILDINGS SENDS LETTER TO BROOKDALE SENIOR LIVING SHAREHOLDERS.LAND AND BUILDINGS INVESTMENT MANAGEMENT LLC SAYS RECOMMENDED REFRAIN FROM EXPANDING SIZE OF BROOKDALE'S BOARD BEYOND 9 MEMBERS.LAND AND BUILDINGS INVESTMENT MANAGEMENT SAYS RECOMMENDED APPOINTMENT OF NEW FINANCE-ORIENTED BOARD MEMBER TO INVESTMENT COMMITTEE OF BROOKDALE'S BOARD.LAND AND BUILDINGS SAYS BROOKDALE SHOULD APPOINT AT LEAST 2 FRESH MEMBERS TO ITS BOARD AND ASK 2 LONG-STANDING MEMBERS TO RESIGN.  Full Article

Welltower And Brookdale Senior Living Enter Into Broad Collaborative Relationship Restructuring
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Welltower Inc ::WELLTOWER AND BROOKDALE SENIOR LIVING ENTER INTO BROAD COLLABORATIVE RELATIONSHIP RESTRUCTURING.WELLTOWER INC - BROOKDALE WILL PAY WELLTOWER A $58.0 MILLION TERMINATION FEE.WELLTOWER INC - BROOKDALE WILL CONTINUE TO OPERATE PROPERTIES UNTIL THEY ARE ABLE TO BE TRANSITIONED TO REPLACEMENT OPERATORS.WELLTOWER INC - CO'S OVERALL BROOKDALE CONCENTRATION IS EXPECTED TO DECREASE FROM 7.6% TO 2.9% OF IN-PLACE NOI.WELLTOWER INC - RESTRUCTURING OF BROOKDALE PORTFOLIO INCLUDES TOTAL OF 63 ASSETS TO BE TRANSITIONED AS PART OF RESTRUCTURING.WELLTOWER INC - ESTIMATED YEAR 1 INCOME LOSS WILL BE APPROXIMATELY $5 MILLION RELATED TO RESTRUCTURED LEASES.  Full Article

Brookdale And Welltower Enter Into Mutually-Beneficial Agreements
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Brookdale Senior Living Inc ::BROOKDALE AND WELLTOWER ENTER INTO MUTUALLY-BENEFICIAL AGREEMENTS.BROOKDALE SENIOR LIVING - CO, WELLTOWER HAVE AGREED TO EARLY TERMINATION OF CO'S TRIPLE-NET LEASE OBLIGATIONS ON 37 COMMUNITIES EFFECTIVE JUNE 30.BROOKDALE SENIOR LIVING - HAS AGREED TO SELL ITS 20% EQUITY INTEREST IN ITS EXISTING RIDEA JOINT VENTURE WITH WELLTOWER.BROOKDALE SENIOR LIVING - HAS ELECTED NOT TO RENEW TWO MASTER LEASES WITH WELLTOWER SCHEDULED TO MATURE ON SEPTEMBER 30, 2018.BROOKDALE SENIOR LIVING - AFTER CONCLUSION OF DEALS WITH WELLTOWER, CO WILL CONTINUE TO OPERATE 74 COMMUNITIES UNDER TRIPLE-NET LEASES WITH WELLTOWER.BROOKDALE SENIOR LIVING - AGREED TO SELL ITS 20% EQUITY INTEREST IN ITS EXISTING WELLTOWER RIDEA JV TO WELLTOWER FOR NET PROCEEDS OF ABOUT $35 MILLION.  Full Article

Brookdale Senior Living Says Board Reduced Number Of Directors Constituting Board To 7 From 9
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Brookdale Senior Living Inc ::BROOKDALE SENIOR LIVING SAYS ON MARCH 2, BOARD REDUCED NUMBER OF DIRECTORS CONSTITUTING BOARD TO 7 FROM 9 - SEC FILING.  Full Article

Brookdale announces third quarter 2017 results
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Brookdale Senior Living Inc :Brookdale announces third quarter 2017 results.Q3 revenue $1.18 billion versus I/B/E/S view $1.16 billion.Q3 same store sales fell 0.4 percent.Brookdale Senior Living Inc - sees 2017 adjusted EBITDA, excluding transaction and strategic project costs, to a range of $650 million to $670 million​.Brookdale Senior Living Inc - sees ‍ adjusted free cash flow for 2017 to a range of $80 million to $100 million​.  Full Article

Brookdale Senior Living reports Q3 basic and diluted loss per share of $2.22
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Brookdale Senior Living Inc ::Brookdale announces third quarter 2017 results.Qtrly ‍basic and diluted net loss per share attributable to Brookdale Senior Living common stockholders $2.22​.Q3 same community RevPAR for senior housing portfolio fell 0.4 percent.Q3 revenue $1.18 billion versus I/B/E/S view $1.16 billion.Sees 2017 adjusted EBITDA, excluding transaction and strategic project costs, to a range of $650 million to $670 million​.Sees ‍ adjusted free cash flow for 2017 to a range of $80 million to $100 million​.  Full Article

Brookdale enters into multi-part transaction agreement with HCP
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Brookdale Senior Living Inc :Brookdale enters into multi-part transaction agreement with HCP.Brookdale Senior Living Inc - ‍Brookdale will acquire six communities for $275 million, plus transaction costs​.  Full Article

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Dish Network CFO to step down, join Brookdale Senior Living

Dish Network Corp's chief financial officer, Steven Swain, is leaving the U.S. satellite TV provider to become the finance chief at Brookdale Senior Living .