BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has stalled amid funding problems for the buyer, according to a report by Financial Times.
Company News
SEATTLE — Technology investor Silver Lake and equity firm General Atlantic have agreed to acquire A Place For Mom, a Seattle-based seniors housing referral service. The seller is the company’s current main investor, Warburg Pincus. The price was not disclosed.
ANNAPOLIS, Md. — Robert Kramer, the longtime CEO of The National Investment Center for Seniors Housing & Care (NIC), has announced that he will transition to the role of “founder and strategic advisor” effective July 17. Brian Jurutka, the center’s president for the past two years, will add CEO duties to his current responsibilities.
PITTSBURGH — ZRG Partners, an executive search and talent management firm, is expanding into the commercial real estate arena with the hiring of Kevin Jones as managing director. Jones will manage the full spectrum of commercial real estate for the company, working from the Pittsburgh regional office.