Thursday, May 24, 2018

Brookdale

I wrote about the installation of the fire sprinkler system here in this section of Brookdale last night as an interested observer. This evening it got personal. Jim, the maintenance man says the system installers may be ready to enclose the pipes in our unit on Tuesday and literally everything must be moved our of the closets. He says they can work around the cabinets in the kitchen. It also appears they will be using a different covering than what they have used in the hallways. There it appeared to be thin drywall and finished off with drywall "mud". Jim says they won't be using any mud in finishing off these. Supposedly the stuff will only need to be out of the closet for one day, they may or may not do it on Tuesday but we wont know until after 8:00am. Jim says he will help us do all the moving. Much of it from the east closet can be piled on our bed and put in the tub. The stuff in the west closet which includes much of my clothing will just have to be piled in the computer room. We moved in rather hurriedly last September 1 so this may give us a chance to better organize our closets. I suppose there is something to be said for the soffits protecting the pipes.
  Brookdale is a relatively recent owner of this facility which has changed hands several times during its lifetime.This project prompted me to find out a bit more about the Corporation. The Headquarters is in Brentwood, TN with Ms Lucinda Baier CEO since this past February. The corporation has over 1,000 facilities in 46 states with 5 of them in Nebraska. It is a publicly traded corporation listed on the New York Stock Exchange. BKD closed today at 7.63 with over 3 million shares traded. The share price during the past year had a high of 15.66 and low of 6.28. I'm sure the installation of this sprinkler system was mandated and that there were specific requirements for how its being done. It seems that some analyst are optimistic that the new CEO will provide leadership to make the Corporation more profitable. I hope they don't raise the rates.

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