Emeritus Co-Founder Targets India’s Massive Senior Housing Opportunity

Daniel Baty’s Columbia Pacific Management (CPM) has entered a new senior housing market: India. And it plans to make a major splash there. The Seattle-based health care operating company recently announced it has acquired Serene Senior Care for an undisclosed sum. Serene currently operates four senior housing communities in South India. If all goes to plan, Serene’s […]

Emeritus Co-Founder Bets on China with $250 Million Joint Venture

Senior housing heavyweight Daniel Baty plans to make even bigger waves in the Chinese senior care market—with the help of $250 million in new financing. Baty, co-founder and former chairman of Emeritus Corp. until its merger with Brookdale Senior Living (NYSE: BKD) in 2014, also served as the chairman of Holiday Retirement Corp. from 1987 to 2007. […]

U.S. Providers Scratch Surface of China Senior Care Market

Senior living providers in the U.S. have yet to substantially tap into the Asian market for senior housing development, though many have explored the potential there. And Chinese companies are taking some cues from senior living operators in the States, at least from an exploratory standpoint, as Chinese leaders visited a series of communities last […]