Brookdale Senior Living
| Traded as | : BKD |
|---|---|
| Industry | seniors residences |
| Founded | 1970s |
| Headquarters | Brentwood, Tennessee, United States of America |
| Owner | Fortress Investment Group (Former) |
| Website | www |
Brookdale Senior Living is the largest owner and operator of senior living communities throughout the United States, operating over 1,100 senior living communities and retirement communities in the US.
Brookdale was established in 1978 and is based in Brentwood, Tennessee. In the late 1990s and early 2000s, Fortress Investments became the majority owner of Brookdale, holding approximately 51% of its share. Brookdale has approximately 80,000 staff members and 100,000 residents.
Brookdale offers Independent Living, Personalized Assisted Living, Memory Care for Alzheimer’s and dementia diagnosed residents, Rehabilitation, and Skilled Nursing. Brookdale also offers Continuing Care Retirement Communities where residents can live without moving when they need nursing care. A Brookdale subsidiary, Innovative Senior Care (ISC), provides rehabilitation, fitness, educational programming, and health services to seniors.
Brookdale started its business with a focus on large upscale urban retirement communities located in large cities such as Chicago, New York, and Miami. These early models replicated five-star hotels like the Hyatt, Marriott's, and Hilton hotels of the modern era.
Throughout the late 1990s and early to mid-2000s, Brookdale developed several more communities that resembled earlier models, but also reflected the changing retirement trends. These new communities included Continuous Care Retirement Communities (CCRC), which house skilled nursing facilities, assisted living, independent living, and memory care facilities.
By early 2005, Brookdale had grown to approximately 90 standalone properties. During this time Fortress Investments acquired the recently bankrupt Alterra Corporation Atlerra exited bankruptcy with approximately 300 properties. This property was merged with Brookdale.
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