Investment Group with Brookdale Link Closes $325 Million Fund

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 […]

Technology Poses Little Threat to Senior Care Worker Shortage

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, […]

Movers & Shakers: Brookdale’s New Board Chairman

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 […]

Most Read: The Largest Providers in Senior Living

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 […]

Why Senior Living Can’t Ignore Home Health Care Tech

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 […]