Lancaster Pollard Hires Managing Director for Mergers and Acquisitions
Lancaster Pollard has hired Chad Elliott as managing director of the firm’s mergers and acquisitions group.
In his new role, Elliott will be tasked with leading the firm’s national efforts in sell-side and buy-side advisory services for seniors housing and care properties. Previously, Elliott served as a director of investment banking and capital markets for Recovery Centers for America, a health care startup focused on mental health and substance abuse. He also worked in M&A, investment banking and private equity with Metalmark Capital, Morgan Stanley Capital Partners and Goldman Sachs.
“As an experienced investor and lender, we have the unique ability to evaluate a given transaction from both the seller and buyer perspective,” said Kass Matt, president of Lancaster Pollard, in a prepared statement. “The addition of Chad and his wealth of experience will further enhance the comprehensive M&A services we provide the seniors housing and care sector.”
Lancaster Pollard delivers investment banking, M&A, and other advisory services to health care, senior living and housing providers.
Longtime Union Leader Joins Healthcare Education Project
The longtime healthcare chief for the Service Employees International Union (SEIU), Kirk Adams, has left his role to join the Healthcare Education Project (HEP), a joint effort of the 1199SEIU United Healthcare Workers East and the Greater New York Hospital Association.
In his new role, Adams will help HEP address national healthcare issues and protect federal funding for New York’s hospitals, nursing homes, home care providers and medical schools. He aims to take what has been accomplished by HEP in New York to Washington, D.C. for national implementation.
“We want to make sure that those things that have been working in New York are supported by the decisions in Washington, D.C., from the standpoint of good jobs and training workers, and those are not purely New York things,” Adams said in a news release.
During his time at SEIU, Adams helped foster several partnerships, collaborating with the likes of Kaiser Permanente and 28 local unions.
Grandbridge Real Estate Capital Adds 2 New Members to National Accounts Team
Grandbridge Real Estate Capital has announced the hires of two new members of its national accounts team: Edward M. Coco as senior vice president and director of national accounts and Matthew B. Casey as vice president.
“We are very pleased to expand our national production business by leveraging Ed and Matt’s knowledge of institutional accounts and capital markets,” said Grandbridge CEO Thomas S. Dennard in a prepared statement. “I’m really pleased to have professionals of their caliber join our team and represent Grandbridge.”
Coco brings nearly 30 years of experience in the commercial real estate industry to the Grandbridge national accounts team, most recently serving as a senior managing director of GE Capital Real Estate’s North America commercial team. In his new role, Coco is tasked with leveraging existing clientele and establishing new relationships.
Casey previously served as a senior associate director in debt originations with GE Capital Real Estate, a role in which he structured and closed more than $930 million in balance sheer and CMBS loans.
Grandbridge arranges permanent commercial and multifamily real estate loans, services loan portfolios and provides asset and portfolio management.
Comergence Names New Business Development Manager
Comergence, a provider of third-party and risk-management platforms for the mortgage industry, has named Jamie Giorello as its new business development manager.
In her new role, Jamie will help enders and appraisal management companies leverage third-party oversight services. She comes to Comergence with 20 years of senior-level sales experience in title, appraisal, settlement and default services. Previously, she worked in several sales and business development positions at real estate data companies.
“Jamie’s experience in several facets of real estate and the mortgage business make her an ideal fit at Comergence,” Comergence President Greg Schroeder said in a news release. “[She] has the leadership skills and business knowledge needed to help position Comergence as we grow.”
The Heritage of Green Hills in Shillington, Pennsylvania Welcomes New Food and Beverage Director
The Heritage of Green Hills has appointed Patrick Corbett as food and beverage director of its healthy living community in Shillington, Pennsylvania.
In his new role, Corbett will be responsible for the financial management of the food and beverage department and its staff of 40, including taking care of all purchasing and budgeting. He will oversee The Heritage of Green Hills’ 130-seat dining room and 85-seat tavern, as well as services at Green Hills Manor’s 50-seat dining room and for nine memory care residents.
Corbett brings more than 20 years of experience as a chef and in dining services management to The Heritage of Green Hills, most recently serving as senior director of dining for Morrison Senior Living in Jenkintown, Pennsylvania and as district and general manager for Sodexo Senior Living.
“Patrick has assumed increasingly responsible positions throughout his career, and we’re excited to have him bring his culinary and management skills to The Heritage,” said Doug Walther, the community’s executive director, in a news release. “He will be a real asset as we continue to promote our unique, health and sustainable lifestyle.”
Established in 2009, The Heritage of Green Hills is a 55+ healthy living community managed by LifeCare Services.
Parkway Place Senior Living Community Appoints New Executive Director in Houston, Texas
Parkway Place has appointed Sunny Chatagnier as its new executive director at its nonprofit, faith-based continuing care retirement community (CCRC) in Houston, Texas.
Chatagnier began her career as an intern at Parkway Place, working her way through other positions during her seven-year tenure at the CCRC. She earned a bachelor’s degree in psychology from the University of Houston, as well as a master’s degree in social work, specializing in geriatrics.
“I look forward to continuing to invest in the lives of the residents, families and staff members I encounter at Parkway Place,” Chatagnier said in a prepared statement.
Parkway Place is a Buckner Retirement Services community comprised of 159 independent apartments, 58 assisted living apartments, 24 memory care support residences and skilled nursing for 60 people.
Advancing Excellence in Long-Term Care Collaborative Announces Interim Director
Carol Benner has been selected to serve as interim director of the Advancing Excellence in Long-Term Care Collaborative (AELTCC), a collection of stakeholders and nonprofit organizations dedicated to improving quality standards in nursing homes and other seniors housing.
From 2006 to 2012, Benner served as director for the Advancing Excellence in America’s Nursing Home Campaign, AELTCC’s national movement to improve the quality of life and care for the country’s nursing home residents.
Benner will serve on the AELTCC as the group conducts a search to replace its former director, who stepped down in August.
“Carol Benner was an essential part of creating Advancing Excellence, and will be an invaluable resource during the search for the collaborative’s new executive director,” said Cheryl Phillips, immediate-past chair of AELTCC and senior vice president of public policy and health at LeadingAge, in a news release.
The Buckingham Welcomes New Associate Executive Director
The Buckingham senior living community, located in Houston, Texas, has named Jesse Sias as its associate executive director.
In his role at The Buckingham, Sias will oversee the day-to-day operations of The Plaza, which houses assisted living, memory care and skilled nursing. Sias brings nearly 20 years of experience as an administrator in health care and skilled nursing communities to this role.
Most recently, Sias served as an administrator for Brookhollow Heights, a 200-bed skilled nursing community that he helped build to 100% occupancy.
“Under his leadership, I am confident that the level of service at The Buckingham will continue to exceed the expectations of the community we serve.” said Julie Fenske, The Buckingham’s executive director, in a news release.
The Buckingham is a Masterpiece Living community that offers resort-style services and amenities, featuring 205 independent living residences, 42 private assisted living apartments, 16 private memory care units and 60 private skilled nursing suites.
Written by Kourtney Liepelt
Companies featured in this article:
Advancing Excellence in Long-Term Care Collaborative, Brookhollow Heights, Buckner Retirement Services, Comergence, GE Capital Real Estate, Golden Living Center, Grandbridge Real Estate Capital, Healthcare Education Project, Lancaster Pollard, LeadingAge, LifeCare Services, Masterpiece Living, Morrison Senior Living, Parkway Place, Service Employees International Union, Sodexo, The Buckingham, The Heritage of Green Hills