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Brookdale Senior Living Solutions owns and operates retirement homes across the United States. The company was established in 1978 and is based in Brentwood, Tennessee . It is the largest operator of senior housing in the United States, with over 60,000 residents.
The company was founded in 1993, and was acquired by Brookdale Senior Living (the largest company in the industry at the time [1]) in July 2014 after a $23 million punitive damages award against it in a civil lawsuit in 2013.
In October 2019, the company restructured its joint venture with Brookdale Senior Living. [5] The company also changed its name to Healthpeak Properties, Inc. and ticker symbol from "HCP" to "PEAK" effective November 5, 2019. [6] In November 2020, the company announced they chose Denver for their new HQ, over Dallas and Nashville. [7]
move to sidebar hide. From Wikipedia, the free encyclopedia
Granger Cobb was an American retirement community executive who built the largest assisted living company in the United States. From one retirement community and through four large mergers and acquisitions, Cobb became the president and chief executive officer of Emeritus Senior Living with 521 [2] [3] retirement communities employing 31,000 people nationwide. [4]
Here's the current margin snapshot for Brookdale Senior Living over the trailing 12 months: Gross margin is 34.3%, while operating margin is 5.2% and net margin is -2.8%.