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From the late 1990s to mid-2000s, Brookdale developed more communities that resembled earlier models, but also reflected changing retirement trends. The new communities included Continuous Care Retirement Communities (CCRC), which house skilled nursing facilities, assisted living, independent living, and memory care facilities.
Brookdale Wooster has been recognized by U.S. News & World Report as a Best Assisted Living among senior living communities across the nation. This is the third year in a row it was named to the list.
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.
The Largest Senior Care Organizations; includes assisted living, nursing homes, CCRC, independent living; sorted by number of facilities. Assisted Senior Living. Accessed 2021-03-28; California Nursing Home Chains By Ownership Type: Facility and Resident Characteristics, Staffing, and Quality Outcomes in 2015. See APPENDIX A California Chains ...
These individuals can consider independent living communities and active adult communities. Seniors who need 24-hour supervision will likely benefit from skilled nursing communities.
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]
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