Welltower Foundation Launches to Promote Wellness
Welltower Inc. (NYSE: HCN) launched the Welltower Foundation, an organization aimed at promoting wellness, encouraging a high quality of life for aging populations and supporting other groups and innovations that do the same. Erin Ibele has been named president of the foundation.
The foundation’s first course of action is a $250,000 grant to the Alzheimer’s Association to support the organization’s Brain Ball, a national event meant to bring awareness to Alzheimer’s disease and its impact on families. The Brain Ball also raises funds for research and critical support services.
“The launch of the Welltower Foundation is a natural extension of our focus on helping people live well as they age,” Ibele said in a statement. “We are honored that our first action will be to partner with the Alzheimer’s Association to help raise the awareness and funds vital to tackling Alzheimer’s disease and its impact on society.”
New Senior Appoints New Member to Board of Directors
New Senior Investment Group Inc. (NYSE: SNR) announced the appointment of Robert Savage to its board of directors.
Savage will serve as a Class II director with a term expiring in 2017. With Savage’s appointment, New Senior’s board now includes seven directors.
Savage was the president and co-founder of KTR Capital Partners from 2005 until the company was sold in 2015. Prior to that, he served as executive vice president, COO and trustee of Keystone Property Trust (NYSE: KTR), an industrial real estate investment trust (REIT), and as a partner at private equity firm Hudson Bay Partners, L.P.. He also worked in the investment banking division at Merrill Lynch & Co.
The appointment was contingent upon an agreement with a stockholder group of the company, including Levin Capital Strategies, L.P. The Levin Group agreed to customary standstill restrictions through 30 days prior to the deadline for the submission of stockholder nominations for directors for the 2017 annual meeting, and has agreed to vote all of its shares at the 2016 meeting in favor of the director nominees.
“I am excited to join the New Senior board and look forward to working collaboratively with the board and management team to drive value for our shareholders over the long term,” Savage said in a statement.
Lancaster Pollard Appoints New Managing Director
Lancaster Pollard, a financial services firm that helps health care, senior living and housing providers with financial advice and financing solutions, promoted Jason Dopoulos to managing director.
Dopoulos has worked for Lancaster Pollard since 2007 and now manages the firm’s office in Newport Beach, California. During that time, he has structured several bond transactions and mortgage loans for more than 100 expansion, new construction and refinance projects totaling over $1 billion. Currently, Dopoulos is the chair of the National Investment Center for Seniors Housing & Care (NIC) Future Leaders Council.
“Jason was instrumental in strengthening our presence in the Southwest and quickly turned it into one of our strongest markets,” Lancaster Pollard President Kass Matt said in a statement. “He is a clear leader, client advocate and an excellent mentor. Further, he has consistently been one of our top bankers, most recently setting a firm record in 2015 for annual revenue generation.”
ASHA Elects New Executive Committee Members
The executive board of the American Seniors Housing Association (ASHA) elected six people to serve two-year terms as members of its executive committee.
Those elected include Capital Senior Living Corp. Chairman Lawrence Cohen; Senior Resource Group Vice Chairman Michael Grust; Watermark Retirement Communities Treasurer David Freshwater; Bloom Senior Living and Kandu Capital Secretary Bradley Dubin; ASHA President David Schless; and Mercedes Kerr of Welltower, Inc., who is the chair of the Seniors Housing Political Action Committee.
ASHA represents more than 400 companies involved in the finance, development and operation of senior housing, including independent living, assisted living, memory care and continuing care retirement communities (CCRCs), also known as life plan communities.
Mainstreet Hires Nine in February
Mainstreet, the nation’s largest developer of transitional care properties, hired for nine positions in the month of February.
Andrew Bernethy joins Mainstreet as an IT support specialist. He previously worked at Bell Techlogix as a senior service desk analyst and at Fry’s Electronics as an audio visual sales associate.
Daphne Clark has been named Mainstreet’s new vice president of strategy and product development at Mainstreet Health. She has more than 25 years of experience in consulting, most recently serving as founder and president of Uncommon Connections, where she worked with corporate, government, nonprofit and startup leaders to provide strategic leadership and operational guidance. She has also served in various roles at Wellpoint.
The company welcomes Kimberly Eaton as a paralegal. She previously worked for Advantage Health Solutions as a corporate legal assistant.
Mainstreet’s new vice president of operations in Texas for Mainstreet Health is Joyce Fritz. She most recently served as administrator for Remington Medical Resort San Antonio, and previously worked on the development of TRISUN Healthcare.
Mark Fritz is Mainstreet’s new president of operations in Texas and Arizona for Mainstreet Health. He comes to Mainstreet with over 25 years of transitional care experience and has served on the boards of several nonprofits.
Julie Hutchison has been named an accounting manager for Mainstreet. Prior to her new role, she worked at Milhaus as a senior staff accountant and served as staff, senior staff and manager at Crowe Horwath.
Drew McCuiston is Mainstreet’s new senior associate of investments. His previous experience includes director of business development and manager of financial planning and analysis at IU Health and several roles at the Indiana Office of Management & Budget.
Mainstream’s newest administrative assistant is Linda Slipher. Prior to Mainstreet, she had served as executive assistant to the CEO, COO and CFO at St. Vincent Seton Specialty Hospital in Indianapolis.
Darryl Wellinghoff joined Mainstreet as the new senior vice president of business development. He previously worked as the senior vice president of The Medicine Company.
Covenant Village of Cromwell Names New Director of Sales
Covenant Village of Cromwell, a not-for-profit CCRC in Cromwell, Connecticut, has named Erin Hall as the community’s new director of sales.
In her new position, Hall will be tasked with developing and executing the marketing and sales program for Covenant Village of Cromwell’s 219 residences, including one-story patio, cottage and apartment homes. Services also include assisted living, memory care, short- and long-term rehabilitation and skilled nursing.
Hall previously served as a sales representative at VITAS Healthcare in Glastonbury, Connecticut, and director of community relations at Benchmark Senior Living in Rocky Hill, Connecticut. She was also director of Marketing at Arden Courts in Hamden, Connecticut.
KTGY Architecture & Planning Appoints New Board Chairman
KTGY Architecture & Planning named Jill D. Williams, AIA, as chairman of its board. She replaces Stan Braden, who steps down as chairman but continues his responsibilities to the firm’s studios and client relationships.
Williams will continue to serve as managing principal of the firm’s Oakland office in addition to her new role as chairman. As managing principal, Williams builds architectural teams, provides project direction from planning and design conception through construction observation and fosters client relationships.
As chairman, Williams will be responsible for working closely with KTGY’s CEO Tricia Esser, the board of directors and managing principals. She brings more than 30 years of experience in innovative residential and mixed-use architecture to the leadership position.
“We welcome Jill Williams to her new role,” Esser said in a statement. “She is a passionate, experienced architect, and we are looking forward to having her influence throughout the firm.”
Additionally, Principal Manny Gonzalez has been elevated to the College of Fellows of the American Institute of Architects for his contributions to the 55+ housing industry. Fellowship is one of the highest honors the AIA can bestow upon a member.
Gonzalez is well-versed in universal design, senior living amenities, location-based design and peacemaking. He has also led several national and regional educational panels to accelerate the profession toward research-influenced design.
Provision Living at Columbia Hires New Executive Director
Provision Living at Columbia, an assisted living and memory care community located in Columbia, Missouri, announced the hire of Kim Fanning as its new executive director.
Fanning joins Provision Living with 35 years of experience in health and senior care as a registered nurse and a licensed nursing home administrator. Previously, she served as senior vice president of education for 17 years and as director of clinical services for a long-term care retirement community in Kansas. She also worked for several hospitals and health centers throughout the Midwest.
In her new role, Fanning is responsible for oversight of all daily operations at Provision Living at Columbia, which consists of 63 assisted living units and 32 memory care apartments.
“I am very excited to be part of the Provision Living at Columbia team and to help make this community the best place our senior residents have ever lived,” Fanning said in a statement. “We’ve been open just a few months and, already, the people of Columbia are recognizing what a truly remarkable experience we offer to those who want assisted living and memory care support.”
Written by Kourtney Liepelt