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Private Equity (PE) investment can be key to gaining the capital and expertise you need to grow, but it also comes with strings attached. In an article published in Chief Executive magazine, Joel Theisen, Lifespark CEO, shares four key questions he’s learned to ask about working with PE.
Joel writes, as the CEO of a $100 million complete senior health company financed in part by private equity, I have years of personal experience with the highs and lows of working with the PE industry.
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It’s the biggest but least-known business comeback story of this century: Senior housing is suddenly booming. In an article in MedCity News, Lifespark CEO, Joel Theisen shared that five years after being throttled by Covid lockdown, demand for senior housing soared to a record high this year. The number of occupied senior housing units has […]
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LTC Properties (NYSE: LTC) today announced an acquisition of five communities managed by senior living operator Lifespark. The Westlake Village, California-based real estate investment trust (REIT) acquired from Tukka Properties for $195 million five independent living, assisted living and memory care communities totaling 520 units in Wisconsin. St. Louis Park, Minnesota-based operator Lifespark operates the […]
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According to Tim Mullaney, editor, Senior Housing News, a proposal from the Centers for Medicare & Medicaid Services (CMS) to phase out a list of inpatient-only hospital procedures threatens skilled nursing facility (SNF) access if the so-called three-day stay rule is not eliminated, and also should prompt bigger thinking about the role SNFs can and […]
