Chicago Pacific Founders, the private equity group co-founded by former Brookdale Senior Living (NYSE: BKD) executive John Rijos, has closed its debut fund, which was oversubscribed at its $325 million hard cap. The group plans to deploy the capital on senior housing and other health care-related investments. Strategic industry investors and entrepreneurs, as well as […]
Accenture
Senior care workers have little to fear. The future of health care may be digital, but that doesn’t mean people won’t still play a vital role in care delivery. In fact, although the health care industry will increasingly rely on digital technologies to personalize care and free-up health care workers’ time, digital technology will only augment, not replace, […]
Brookdale Appoints New Director and Non-Executive Chairman of the Board Brookdale Senior Living (NYSE: BKD), the largest senior living operator in the U.S., announced that its Board of Directors has appointed Daniel Decker as Class I director and the non-executive chairman of the board in replacement of the late Granger Cobb, effective Oct. 1. “Dan is […]
In case you missed them…. here are the top headlines grabbing Senior Housing News readers’ attention this week. Alliance Residential Launches $1 Billion Senior Living Pipeline—With an established footprint in multifamily development, Alliance is making a major foray into senior housing with a billion-dollar pipeline planned in the coming years. As Providers Ready for […]
As senior housing providers seek ways to capitalize on Americans’ preferences to age in place, technology will become increasingly important in doing so — and could lead to significant cost savings for providers. In fact, more than two in three seniors prefer to use self-care technology to independently manage their health, according to a survey […]
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