CapitalSource Expands Seniors Housing Finance Group

CapitalSource has expanded its Healthcare Real Estate and Credit Groups with the addition of three new finance professionals.

Donald Kelly III has joined the company as a director, bringing 16 years of senior housing experience to the firm. Prior to joining CapitalSource, he was the founding principal and managing partner of Energy Court Capital.

Glenn Flinn rejoins the Healthcare Credit Group of CapitalSource as a director, and will re-open the Dallas office for the firm. Flinn has held healthcare lending roles with GE Capital, Heller Financial and HealthCare Financial Partners. Having closed over $1 billion in commitments throughout his career, Flinn brings 25 years of healthcare industry experience to the firm, including 18 years in healthcare lending.


Martin Golden has been added as a senior director and brings more than 18 years of experience to the team. Prior to joining CapitalSource, Golden started and led Marquette Healthcare Finance and had management responsibility for all facets of operations for the company. Prior to Marquette, he was a managing director at Healthcare Finance at Wells Fargo Foothill, and before that was a senior vice president with GE Healthcare Financial Services.

“We are expanding our Healthcare team to better assist healthcare companies obtain the financing they need to grow and succeed,” said Steve Gilleland, managing director, at CapitalSource. “Don, Glenn and Marty are seasoned professionals with solid industry experience structuring finance solutions for healthcare companies. They will be able to contribute immediately to our continued growth.”

CapitalSource provides senior debt from $3 million to $50 million through its wholly-owned subsidiary, CapitalSource Bank. The Healthcare team has built a loan portfolio of $1.3 billion and, since 2000, has completed over $12 billion in funded transactions.


Written by John Yedinak