DENVER — Spectrum Retirement, a Denver-based owner-operator with 33 senior living communities in 12 states, has promoted Bradley Kraus to the positions of president and chief operating officer.
Kraus is the son of Jeffrey Kraus, one of the company’s co-founders. He has worked in the company for four years, most recently as senior vice president of business development. In his new role, Kraus will oversee the company’s day-to-day operations, which includes a total staff of 2,600.
Kraus is a graduate of the Cornell University School of Hotel Administration. Prior to joining Spectrum, he was a senior associate in the real estate practice of Cerberus Capital Management. He began his career as an analyst at Morgan Stanley, working in the Real Estate Investment Banking and Real Estate Private Equity groups.