Chinese Company Acquires 5% Stake in Brookdale Senior Living

A Chinese international conglomerate and investment company has joined a small group of shareholders that own a 5% or greater stake in Brookdale Senior Living (NYSE: BKD). Shanghai, China-based Fosun International Limited recently reported a 5.11% stake in the Brentwood, Tennessee-based senior housing giant, joining six other companies—Glenview Capital Management, The Vanguard Group, BlackRock Inc., Senator Investment […]

Tech Startup Raises $35 Million for Vital Signs Sensors

Senior living residents already are using wearable sensors to monitor vital signs, and professional caregivers are starting to leverage user-generated digital health information to provide more timely, personalized services. Now, a startup that could take this practice to the next level has raised $35 million from investors. The Series B funding comes two years after […]

WSJ: Foreign Investors Betting on China’s Senior Housing Market

A number of global investors are joining local Chinese real estate developers as both look to bank on a senior housing boom sparked by the country’s massive elderly population, Wall Street Journal reports. Global property firms such as Merrill Gardens Related, a joint venture between real estate developer Related Cos. and senior housing operator Merrill […]