WoodBine Senior Living Hires New CIO
Maryland-based WoodBine Senior Living, LLC has announced that Daryl McCombs has joined the company as a partner and chief investment officer to lead its acquisition, finance and business development functions.
McCombs brings to the position more than 20 years and $2 billion of acquisition and finance experience within the senior housing industry.
WoodBine intends to expand significantly, the company says, and McCombs will be responsible for sourcing and negotiating additional acquisition, development and contract management opportunities.
Prior to joining WoodBine, McCombs provided real estate investment sales services for ARA Seniors Housing. Before then, he was a mortgage banker with Red Capital Group, where he originated seniors housing and long-term care loans fitting the Fannie Mae and FHA/HUD agency criteria. He also led the origination of new business development activities for CNL Retirement Corp.
Covenant Village of the Great Lakes Names Director of Dining
Covenant Village of the Great Lakes, a faith-based, not-for-profit continuing care retirement community (CCRC) based in Grand Rapids, Mich., and operated by Covenant Retirement Communities, has appointed Kimberlee Milton-Parlett as director of dining services. She is employed by the community’s dining services provider, Sodexo.
As director of dining services, Milton-Parlett oversees all food and beverage operations at the senior living community, including casual and formal dining settings in the residential community and dining operations in assisted living, memory support and health care. She also manages the community’s catering.
Milton-Parlett has more than 20 years of food service management experience, and has been managing dining services for Sodexo since 2009. She comes to Covenant Village of the Great Lakes from Jewish Senior Life of Metropolitan Detroit, where she managed kosher residential dining and catering for multiple locations.
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REDICO Hires Senior Vice President of Acquisitions for Senior Living
REDICO, a full-service real estate development and investment company headquartered in Southfield, Mich., announced Kevin Carden has joined the company as senior vice president of acquisitions, focusing on the strategic expansion of REDICO’s senior living business.
Carden’s responsibilities will also include growing REDICO’s American House Senior Living platform, an affiliate company of REDICO.
He has more than 20 years of experience in acquisition, portfolio management and corporate finance. Most recently, Carden served as the senior vice president of corporate finance at investment banking firm B.C. Ziegler & Company, specializing in the senior living, health care, religion and education sectors.
In addition to his 12 years at Ziegler, Carden served as director of acquisitions at Classic Residence by Hyatt, the senior housing affiliate of the Hyatt Hotels Corporation, as portfolio manager at the RREEF Funds, and he started his senior housing career as a nursing home administrator with Manor Healthcare Corporation.
Senior Housing Investment Group Announces Team Member Changes
CBRE National Senior Housing Group, a firm that focuses on senior housing and long-term care real estate investments and financing, has announced that Jeff Bothwell recently joined the group as senior vice president.
Bothwell specializes in marketing and deb placement for skilled nursing properties nationwide. Prior to joining CBRE, the 13-year senior housing industry veteran was senior vice president for a full-service commercial banking group where he structured, valued and closed more than $9 billion in debt and equity transactions ranging from $5 million to $1.4 billion.
In addition, Dan Baker has moved into a brokerage and advisory role where he will be focusing on single assets, skilled nursing facilities and small portfolios throughout the U.S.
Baker has been with CBRE since 2011 and has wired in the commercial real estate industry since 2007. His experience includes project management, market analysis, financial modeling and real estate consulting.
North Carolina CCRC Hires New Medical Director
SearStone, a North Carolina-based CCRC, has hired David Fisher, M.D., MPH as medical director at Brittany Place, the community’s skilled nursing facility.
Fisher is board-certified in family medicine, geriatrics and hospice and palliative medicine. In addition to overseeing medical operations at Brittany Place, he also visits the community’s Independent Community Clinic once a week.
He is a graduate of Rush Medical College in Chicago and earned a Master of Public Health degree from the University of Illinois at Chicago.
Executive Director Named at Somerby of Mount Pleasant
Lisa Kinsella has been named executive director of the South Carolina-based active retirement community Somerby of Mount Pleasant, which is developed and managed by Somerby Senior Living, a division of Dominion Partners headquartered in suburban Birmingham, Ala.
Kinsella brings to the position 18 years of senior living management expertise. She comes to Mount Pleasant from Connecticut, where she was executive director of a CCRC with 500 residents and more than 300 employees.
New Greystone Managing Director to Work on Senior Housing
Greystone, a national provider of multifamily and health care mortgage loans, announced that Nikhil Kanodia has joined as a managing director.
Nikhil will focus primarily on managing client relationships with various real estate owners, originating new loans and identifying opportunities for new initiatives in the marketplace. He will be working on senior housing as well as the multifamily sector.
Nikhil joins Greystone from Deutsche Bank’s Real Estate, Gaming, Lodging & Leisure Investment Banking Group, where he spent 10 years covering clients and executing capital market and mergers and acquisitions transactions totaling more than $40 billion.
Written by Emily Study