Workflow
Senior Living
icon
Search documents
Sonida Announces Third Quarter 2025 Earnings Release Date and Conference Call
Businesswire· 2025-10-30 12:15
"Company†) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today announced that it will issue its third quarter 2025 earnings results before the market opens for trading on Monday, November 10, 2025. The Company will then host a conference call and webcast to review its financial performance and operating results at 11:00 a.m. Eastern Time. The dial-in number for the conference cal. DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. ("Sonida†or the ...
World’s Largest Retirement Community Taps Muni Market to Help Build More Homes
Insurance Journal· 2025-10-24 13:09
The largest retirement community in the world is expanding even further with a nearly $130 million high-yield debt deal.The Villages, a 57,000-acre Floridian megaplex, already part of the fastest-growing metropolitan area in the US, plans to tap municipal-bond investors to help finance a new development with more than 2,800 new homes. The expansion is part of broader two-decade plan to capitalize on the aging American population and the appeal of a resort-like community among the Baby Boomer generation. The ...
Sienna Announces The Opening of Its Long-Term Care Community Redevelopment in Brantford, Ontario
Globenewswire· 2025-10-21 12:30
Core Points - Sienna Senior Living Inc. has officially opened its Oakwood Commons Community in Brantford, Ontario, marking its second long-term care redevelopment project completed in 2025 [1][2] - Oakwood Commons features 160 beds, replacing 122 older Class C beds, and is expected to achieve full occupancy by the end of 2025 [2][3] - The project is part of Sienna's broader campus of care development initiative, which includes the recently opened Aspira Brants Landing Retirement Living, contributing to a total of $220 million in greenfield development projects this year [3] - Once fully operational, these developments are projected to enhance Sienna's Adjusted Funds from Operations (AFFO) by an average of approximately 3% [4] Company Overview - Sienna Senior Living Inc. offers a comprehensive range of senior living options, including independent living, assisted living, memory care, long-term care, and specialized programs [5] - The company employs approximately 15,000 individuals dedicated to enhancing the quality of life for seniors [5]
Sienna Announces October Dividend
Globenewswire· 2025-10-15 12:30
Core Points - Sienna Senior Living Inc. announced a dividend of $0.078 per common share for October 2025, which annualizes to $0.936 per share [1] - The dividend will be payable on November 14, 2025, to shareholders of record as of October 31, 2025 [1] Dividend Information - The dividends are designated as eligible dividends for Canadian tax purposes under the Income Tax Act (Canada) [2] - Sienna offers a Dividend Reinvestment Plan (DRIP) allowing eligible shareholders to reinvest cash dividends in additional common shares at a 3% discount from the market price [3] - Participation in the DRIP is optional, and shareholders not participating will continue to receive cash dividends [3] Company Overview - Sienna Senior Living Inc. provides a full range of senior living options, including independent living, assisted living, memory care, long-term care, and specialized programs [4] - The company employs approximately 14,500 individuals dedicated to enhancing daily life for residents [4]
Brookdale (BKD) Hits All-Time High on Occupancy Rate Surge, New CEO
Yahoo Finance· 2025-10-10 02:33
We recently published 10 Big Names With Whopping Gains; 6 Jump All-Time Highs. Brookdale Senior Living Inc. (NYSE:BKD) is one of the best performers on Thursday. Brookdale Senior Living extended its winning streak to a third day on Thursday to hit a new all-time high as investors cheered a significant jump in its occupancy rate in the third quarter of the year, supported by the official appointment of a new chief executive officer (CEO). During the session, Brookdale Senior Living Inc. (NYSE:BKD) jumped ...
Brookdale Posts Strong YoY Rise in September 2025 Occupancy
ZACKS· 2025-10-09 14:50
Core Insights - Brookdale Senior Living Inc. (BKD) reported a weighted average consolidated occupancy rate of 82.5% for September 2025, marking a 330 basis point increase year-over-year and a 70 basis point increase from the previous month [1][8] - The same-community occupancy for September 2025 reached 82.7%, up 270 basis points year-over-year, driven by stronger move-in volumes and reduced move-out activity [2][8] - The company operates 645 senior living communities across 41 states, accommodating approximately 58,000 residents, positioning it well to meet the needs of an aging population [6] Occupancy Performance - The weighted average consolidated occupancy for Q3 2025 was 81.8%, reflecting a year-over-year growth of 290 basis points and a sequential increase of 170 basis points [2] - Same-community occupancy climbed to 84% at the end of September, a 30 basis point gain from the previous month, with Q3 same-community occupancy reaching 82.3%, the highest sequential growth since 2022 [3][8] Financial Implications - Higher occupancy levels are expected to enhance resident fee revenues, which accounted for nearly 96% of total revenues in the first half of 2025 [5] - Adjusted EBITDA for 2025 is forecasted to be between $445 million and $455 million, representing a 16.5% increase over the 2024 reported figure [5] Market Performance - Brookdale's shares have increased by 39.7% over the past year, outperforming the industry average growth of 11.8% [7]
Brookdale Reports September 2025 Occupancy
Prnewswire· 2025-10-08 20:15
Core Insights - Brookdale Senior Living Inc. reported significant improvements in occupancy rates for September 2025, indicating a positive trend in the senior living sector [1][5]. Occupancy Results - The weighted average occupancy for September 2025 was 82.5%, which represents an increase of 330 basis points year-over-year and 70 basis points sequentially [5]. - The month-end consolidated occupancy reached 83.8%, marking a sequential increase of 60 basis points [5]. - For the third quarter, the weighted average consolidated occupancy was 81.8%, up 290 basis points year-over-year and 170 basis points sequentially [5]. Same Community Occupancy - The weighted average occupancy for same communities in September was 82.7%, reflecting a year-over-year increase of 270 basis points, attributed to higher move-in activity and lower move-out activity compared to the previous year [5]. - The month-end same community occupancy was 84.0%, which is a sequential increase of 30 basis points [5]. - The third quarter weighted average same community occupancy was 82.3%, showing a year-over-year increase of 260 basis points and a sequential growth of 150 basis points, the highest sequential growth since 2022 [5].
Sienna Announces Third Quarter 2025 Results Release Date and Conference Call
Globenewswire· 2025-10-03 15:00
Core Points - Sienna Senior Living Inc. will report its 2025 third quarter results on November 13, 2025, after market close [1] - A conference call for the investment community will be held on November 14, 2025, at 10:00 a.m. (ET) [1] - The call will be hosted by Nitin Jain, President and CEO, and David Hung, CFO and Executive VP, Investments [1] Company Overview - Sienna Senior Living Inc. offers a comprehensive range of senior living options, including independent living, assisted living, memory care, long-term care, and specialized programs [3] - The company operates under the Aspira retirement brand and employs approximately 14,500 individuals dedicated to enhancing daily life for residents [3] - More information about Sienna can be found on their website [3]
Sienna Senior Living Completes Acquisition in Greater Toronto Area
Globenewswire· 2025-10-02 12:30
Core Insights - Sienna Senior Living Inc. has completed the acquisition of Cawthra Gardens, a 192-bed Class A long-term care home in Mississauga, Ontario, for a total price of $32.6 million, which includes a $2.0 million capital allowance for future improvements [1][2] Financial Performance - The acquisition was made at a capitalization rate of 6.75% and is expected to be immediately accretive to the Company's AFFO per share [2] - To date in 2025, Sienna has made over $430 million in acquisitions across various care types, along with $220 million in completed development projects, reflecting the company's growth strategy [3] Company Overview - Sienna Senior Living Inc. provides a comprehensive range of senior living options, including independent living, assisted living, memory care, long-term care, and specialized services, employing approximately 14,500 staff dedicated to enhancing the quality of life for seniors [4]
Brookdale Appoints Nick Stengle as CEO
Prnewswire· 2025-10-02 10:45
Core Viewpoint - Brookdale Senior Living Inc. has appointed Nick Stengle as the new Chief Executive Officer, effective October 6, 2025, succeeding Denise W. Warren, who will become Non-Executive Chairman of the Board [1][3]. Leadership Transition - Nick Stengle's appointment follows a comprehensive search by the Board's Search Committee, bringing extensive experience in senior living, healthcare, and hospitality [2]. - Stengle previously served as President and COO of Gentiva, overseeing over 12,000 associates and approximately 550 locations across 38 states [2]. - His prior roles include EVP and COO for Sunrise Senior Living, managing operations for around 250 communities and providing care to over 20,000 residents [2]. Strategic Vision - Denise W. Warren expressed confidence in Stengle's ability to build on Brookdale's momentum, emphasizing his track record in operational performance and culture building [3]. - Stengle highlighted Brookdale's strong foundation and long-term growth drivers, aiming to enhance shareholder value and capitalize on favorable industry demographics [3]. Board Composition - With Stengle's addition, the Brookdale Board will consist of nine directors, eight of whom are independent, ensuring a diverse and relevant skill set [3]. Company Overview - Brookdale operates 623 communities across 41 states, serving approximately 57,000 residents as of September 30, 2025 [7]. - The company focuses on enriching seniors' lives through compassionate care and exceptional service, offering various living arrangements including independent living, assisted living, and memory care [7].