NASHVILLE, Tenn. , Dec. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that the Company has recently completed a successful advance refinancing of more than $300 million of the Company's 2027 debt maturities while further increasing its liquidity.
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting...
Maintains Operations of High-Performing, Cash Flow Positive, 65 Community Portfolio Announces Completion of Previously Announced 11 Community Portfolio Acquisition NASHVILLE, Tenn. , Dec. 19, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced that it has entered into mutually beneficial agreements with Ventas, Inc. ("Ventas") to amend it...
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posti...
NASHVILLE, Tenn. , Dec. 3, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") confirmed today that it did not exercise its right to renew a master lease with Ventas, Inc. ("Ventas") under the existing lease renewal terms.
NASHVILLE, Tenn. , Nov. 11, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that Lucinda "Cindy" Baier, President and Chief Executive Officer and Dawn Kussow, Executive Vice President & Chief Financial Officer will participate in the 2024 Stephens Annual Investment Conference on Wednesday, November 20, 2024.
Brookdale Senior Living Inc. (NYSE:BKD ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jessica Hazel - Head-Investor Relations Lucinda Baier - President and Chief Executive Officer Dawn Kussow - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Murray - RBC Capital Markets Brian Tanquilut - Jefferies Joanna Gajuk - Bank...
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