Senior Housing Investments & Transactions: Spectrum Professional Services, Ensign

Spectrum Professional Services Acquired by Beecken, Sunrise JVBeecken Petty O’Keefe & Company, a Chicago-based private equity firm that invests exclusively in health care companies, has acquired Maryland-based Spectrum Professional Services, a leading provider of rehabilitative therapy management and consulting services with more than 500 customers across the United States. Further investment in the transaction was provided by […]

Editor’s Take: Senior Living at a Tipping Point

I was happy to hop on a plane for Palm Springs recently. I left behind a gray day in Chicago and landed in the oasis of blue skies, hazy peaks and shimmering water. Yet, the vibe there was not exactly serene; I would describe it as an atmosphere of excited anticipation. There might have been an obvious […]

Sunrise Joins Corporate Big-Hitters in National Nutrition Program

Question: What does Sunrise Senior Living have in common with General Electric, The Walt Disney Company and Frito Lay? Answer: All are official partners in a national push for healthy diets, spearheaded by First Lady Michelle Obama. Virginia-based Sunrise, which operates about 300 senior living communities in North America and the U.K., is a new […]

Top Providers Pluck Fresh, Well-Trained Talent for Leadership Roles

With high turnover rates and competition for leaders, staffing across senior housing—including for executive director positions—is a challenge that all operators strive to overcome. There are several options for operators to recruit and develop persons for leadership and management positions, and one resource with room to grow is recruiting students right out of school. One innovative […]

Largest Senior Housing Owners, Operators of 2015

In yet another demonstration of the huge scale Brookdale Senior Living (NYSE: BKD) achieved by acquiring rival Emeritus last year, the company seized the No. 1 spot—with a bullet—on the American Seniors Housing Association’s annual rankings of the largest senior housing owners in the United States. Brentwood, Tennessee-based Brookdale now owns 976 properties, totaling 82,356 […]

In the Pipeline: Senior Housing Construction Projects (8/6/15)

Construction: Planned Omega, Maplewood Senior Living to Co-Develop $246 Million NYC Community This week, Hunt Valley, Md.-based real estate investment trust (REIT) Omega Healthcare Investors (NYSE: OHI) and Westport, Conn.-based operator Maplewood Senior Living announced they will co-develop a $246 million luxury senior living community on Manhattan’s Upper East Side.  The luxury senior living residence […]

From C-Suite to Startup: Lisa Brush, Symphony Senior Living

Sometimes taking one step back means taking two steps forward. At least that was the case with Lisa Brush, whose more than 20-year career includes time at Sunrise Senior Living, its REIT counterpart, and Ventas. When Brush launched her career in senior housing at the ripe age of 22, it didn’t take long for her […]

Editor’s Picks: 4th of July Edition

Dazzling fireworks displays will light up the skies this 4th of July weekend, but you might have caught a glimpse of a different sight recently if you looked skyward in the Cleveland area: Residents of the Parker Place Senior Center riding in a 1946 Steerman biplane. Check out the video below for some inspiration. SHN […]