Kayne Anderson Promotes Max Newland to Managing Director
Kayne Anderson Real Estate Advisors (KAREA), a private equity from in the senior housing segment, announced it has promoted Max Newland to Managing Director.
In his new position, Newland will continue to be responsible for origination, analysis, underwriting and execution of acquisitions for Kayne Anderson’s real estate private equity platform. He brings expertise in health care-related real estate assists such as senior housing and medical office, an area where KAREA sees growth opportunity.
Prior to joining Kayne Anderson in 2013, Newland worked at Fremont Realty Capital, most recently serving as principal and a member of the private equity fund’s Investment Committee. Before joining Fremont, he worked as an associate at Hampshire Equity Partners, where he evaluated and managed private equity investments.
Erickson Living Community Appoints Associate Executive Director
Ann’s Choice, an Erickson Living-managed continuing care retirement community in Warminster, Penn., announced the appointment of George Comfort as its new associate executive director.
In this position, Comfort will work with administration to help ensure that the community’s approximately 2,000 residents continue to receive quality service and amenities.
He brings to the position more than 20 years of experience as an executive, including working for both medium-size and Fortune 500 companies in the high-tech business as well as the nonprofit sector.
Previously, Comfort worked as the executive director of NorthBay, LLC.
Cedar Crest Announces Appointment of New Executive Director
New Jersey-based Cedar Crest, a continuing care retirement community managed by Erickson Living, announced the appointment of Louis W. Varella as its executive director.
In this role, Varella will focus on training and development for the community’s 1,040 employees, and will work with administration to ensure residents receive quality service and amenities.
Varella has more than 25 years of operations and finance experience in the senior living industry, most recently serving as the associate executive director of Riderwood, another Erickson Living community located in Maryland. Prior to that, Varella worked as executive director of the Quincy Village retirement community in Waynesboro, Penn., where he also served as area director for three other nearby communities.
LCB Senior Living Names New Director of Human Resources
LCB Senior Living, LLC, the Norwood, Massachusetts-based developer and operator of independent, assisted and memory care communities, has named Linda Fusaro as director of human resources.
Fusaro will oversee LCB’s day-to-day human resources operation, both at the community level and at the corporate office. She is part of LCB’s new community acquisition team, playing a role in helping new associates transition to life at LCB Senior Living.
Prior to joining LCB, Fusaro spent eight years with Atria Senior Living, Inc., where she advanced from community business director to regional business director and most recently served six years as the company’s human resources manager for New England. In that capacity, Fusaro oversaw 23 communities in five states.
Melody Burgess Named Director of Human Resources at Ashby Ponds
Ashby Ponds, a retirement community managed by Erickson Living, recently named Melody Burgess as the new director of human resources. Burgess brings to the position 15 years of human resources experience in the senior living industry.
As director of human resources, Burgess will be responsible for recruiting, developing and retaining team members at Ashby Ponds. She will also focus on implementing programs and practices that achieve performance goals and promote the vision of Erickson Living.
Prior to joining Ashby Ponds, Burgess worked as a senior human resources manager at Greenspring, an Erickson Living community in Springfield, Va. Before that, Burgess had worked for Sunrise Senior Living, Inc. since 1999 in various positions including human resources manager.
Lancaster Pollard Names Vice President of Austin Office
Kyle Hemminger has joined the Austin, Texas, office of the specialty investment banking and mortgage banking firm Lancaster Pollard as vice president.
In this position, he will be responsible for clients in Central and West Texas and will oversee the structuring and funding of health care project financings for hospitals and senior living providers in the region.
Previously, Hemminger was a senior associate at the firm’s headquarters in Columbus, Ohio.
Written by Emily Study