Meanwhile, Brookdale is undergoing a board challenge from Ortelius Advisors, L.P., which is pushing for the election of its six director nominees at the upcoming annual meeting. Brookdale has urged shareholders to support its current board, emphasizing the board's qualifications and recent performance improvements. The company is also in the midst of a CEO transition, which RBC Capital notes could introduce uncertainty. These developments come as Brookdale plans strategic divestments and community exits to optimize its portfolio, aiming to enhance shareholder value.