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JV Buys Seniors Housing Operator Spectrum Professional Services

BALTIMORE — A joint venture has purchased seniors housing operator Spectrum Professional Services for an undisclosed price. The venture includes private equity firm Beecken Petty O’Keefe & Co., seniors housing operator Sunrise Senior Living and current investors in the acquired company.

New Year Rings In Key Executive Changes at Welltower, Holiday, Silverado, Kendal

Not even a full week into the new year, some of the seniors housing industry’s biggest companies have announced changes in their executive ranks. The players shuffling top personnel include giant REIT Welltower, independent living owner-operator Holiday Retirement, memory care developer Silverado and continuing care retirement community (CCRC) owner-operator Kendal Corp.

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