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About
Brookdale Senior Living, Inc. engages in the operation of senior living communities. It manages independent living, assisted living, and dementia-care communities, and continuing care retirement centers. It operates through the following segments: Retirement Centers, Assisted Living, CCRCs-Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment includes owned or leased communities that are primarily designed for middle to upper income senior citizens age 75 and older who desire an upscale residential environment. The Assisted Living segment offers owned or leased communities that offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. The CCRCs-Rental segment consists of large owned or leased communities that offer a variety of living arrangements and services to accommodate all levels of physical ability and health. The Brookdale Ancillary Services segment comprises of the outpatient therapy, home health, and hospice services provided to residents of many of the firm's communities, to other senior living communities that the company does not own or operate, and to seniors living outside of the company's communities. The Management Services segment composes of communities operated by the company pursuant to management agreements. The company was founded on June 28, 2005 and is headquartered in Brentwood, TN. | |||
Description
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer's disease and other dementias. The CCRCs - Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services, as well as well as education and wellness programs to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2016, the company operated 129 retirement center communities with 24,339 units; 851 assisted living communities with 58,477 units; and 75 CCRCs with 20,558 units, as well as owned or leased 902 communities with 77,284 units and provided management services with respect to 153 communities with 26,090 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee. |