by Steve Monroe | Jun 11, 2024 3:49 pm | Opinion
We are now beyond this year’s muted flu season, and Brookdale Senior Living posted a small increase in occupancy for May, which should be the beginning of the peak summer selling period. If they don’t see larger increases in the next three months, it may be a rough... Read More »
by Steve Monroe | Jun 5, 2024 8:46 am | Acquisitions
Several years ago, we had a rather heated discussion with Atria’s former CEO, John Moore, in the lobby of the hotel at the NIC fall conference. This was pre-COVID. It started with our comment that Atria was getting too big to be well managed, since no operator in... Read More »
by Steve Monroe | May 29, 2024 9:06 am | 60 Seconds, Opinion
How many times have you heard that the boomers will be major disruptors of the seniors housing sector, causing providers to rethink, and change, how they provide their care and services? Too many times? I admit, I have been guilty of this as well. But I have been... Read More »
by Steve Monroe | May 13, 2024 2:37 pm | Acquisitions, Opinion
It has taken a while, and a lot had to be done to strengthen the balance sheet over the past two years, but Sonida Senior Living is now on a path of growth, and recent announcements have shown it. On May 9, the company closed on its first acquisition of the year... Read More »
by Steve Monroe | May 8, 2024 10:27 am | Opinion
Brookdale Senior Living reported its best EBITDA performance in several years, nearly topping $100 million, RevPOR continues to grow (5.8% sequentially), and second quarter guidance for adjusted EBITDA is now between $93 million and $98 million. On the labor front,... Read More »