by Steve Monroe | Dec 11, 2024 8:27 am | Opinion
Perhaps when Brookdale Senior Living can better focus on a smaller number of properties when its lease for 120 communities with Ventas ends at the end of next year, they will be able to push occupancy on the remaining portfolio. The company’s size will shrink by... Read More »
by Steve Monroe | Dec 9, 2024 10:00 am | Uncategorized
After more than 17 years at the helm of LTC Properties, Wendy Simpson is stepping down as CEO and will become Executive Chairman. Replacing her at the top will be two seasoned LTC executives. Current co-Presidents Clint Malin and Pam Kessler will be co-CEOs of the... Read More »
by Steve Monroe | Dec 4, 2024 8:10 am | Opinion
They took it to the wire, but Brookdale Senior Living decided not to renew its leases with Ventas covering 120 communities in a Master Lease that expires December 31, 2025. The deadline was November 30, and they let it pass. Ventas will still collect $113.6 million in... Read More »
by Steve Monroe | Nov 22, 2024 8:16 am | Opinion
What is happening at Life Care Centers of America is a great example of how not to establish a succession plan, especially when it involves one of the largest privately owned senior care companies in the country. The company was founded by Forest Preston nearly 75... Read More »
by Steve Monroe | Nov 22, 2024 8:11 am | Uncategorized
I was saddened to hear of the passing of my old friend Jim Moore, the founder of Moore Diversified Services. I had known Jim for nearly 40 years, and we always enjoyed catching up on the latest industry trends, and a little gossip thrown in as well, when we would see... Read More »