CBRE Promotes New Vice Chairman
CBRE Group, Inc. announced the promotion of Aron Will to vice chairman. He is CBRE’s youngest vice chairman to date.
Will is currently the co-leader of the national senior housing debt and structured finance practice for CBRE Capital Markets, which specializes in the capitalization of independent living, assisted living, memory care and skilled nursing communities across the country. He assisted in launching this platform for the firm in the late 2000s.
Will also serves as an executive board member of American Seniors Housing Association (ASHA); a member on the Senior Housing Council for the Urban Land Institute; and a member of the strategic mission fulfillment committee for the National Investment Center for Senior Housing and Care (NIC).
“The levels of achievement required to attain the vice chairman title are exceptional client service, adherence to company values and extraordinary financial achievement,” Brian Stoffers, global president of debt and structured finance for CBRE Capital Markets, said in a prepared statement. “Aron has met and exceeded the measures set by the firm and has expanded its senior housing platform in the process.”
Lancaster Pollard Hires Chief Credit Officer
Lancaster Pollard, a financial services firm that helps health care, senior living and housing providers with financial advice and financing solutions, hired Martin Kent to serve as the firm’s new chief credit officer.
Kent most recently served as the director of multifamily credit/underwriting for Fannie Mae’s seniors housing programs. He spent 11 years with Fannie Mae, overseeing both the seniors and affordable housing credit functions as a risk manager and later a director. He structured and underwrote numerous loans and trained and managed underwriters, and also reviewed and updated credit policies for Fannie Mae’s Delegated Underwriting Services Guide.
Prior to Fannie Mae, Kent spent 18 years in commercial banking, at both PNC Bank and Bank of America. In his new role, he is charged with providing credit oversight for all the firm’s banking activities.
“Marty and his wealth of knowledge will be a tremendous addition to our firm, particularly for our agency and at-risk lending and investing platforms,” Lancaster Pollard CEO Nick Gesue said in a statement. “His great perspective and impressive background will further enhance our ability to uphold the highest credit standards.”
Erickson Living Expands Leadership Team
Senior living provider Erickson Living named Sean Sands as the executive vice president of business strategy and development, a role in which he will oversee strategy and business development to support company growth and business opportunities.
Sands has spent 28 years in business and financial services. Most recently, he served as president and head of the Maryland corporate banking division of Wells Fargo. Before that, he was a principal and investment banking professional with SC&H Capital, among other positions with different companies.
“We are very excited to welcome such an experienced and respected business veteran to our team,” Erickson Living CEO Alan Butler said in a statement. “With a projected company investment in excess of $1 billion in new construction over the next five years, Sands’ wisdom and expertise will play a key role in helping Erickson Living stay more strongly positioned in the industry than ever.”
Terwilliger Plaza Appoints New CEO
The board of directors at Terwilliger Plaza, a senior living facility in Portland, Oregon, appointed John M. Larson as president and CEO. The board had conducted a nationwide search to fill the position.
Larson comes to the role with 28 years of experience in the senior living industry, having previously served in executive roles for other continuing care retirement communities (CCRCs). He worked as regional director and executive director of Mirabella of Seattle, and raised the financial viability of the community, improved satisfaction scores among residents and staff and expanded the number of skilled nursing beds. He also had a hand in establishing an in-home care agency to provide residents with caregiver and companion services.
“John Larson has an exceptional track record and has demonstrated a passionate dedication to the senior community in his 28-year career,” Clifford Droke, chairman of the CEO search committee, said in a statement. “The board of directors is particularly enthusiastic about his collaborative leadership style and business acumen, and we are confident that Terwilliger Plaza will continue to thrive under his direction.”
Founded in 1958, Terwilliger Plaza now serves approximately 350 seniors in downtown Portland.The majority of the board of directors is residents of the facility.
Maris Grove Welcomes New Director of Nursing
Maris Grove, an Erickson Living CCRC located in Glen Mills, Pennsylvania, hired Kathryn “Katie” McGuire as the community’s director of nursing.
In this position, McGuire is responsible for coordinating and implementing the comprehensive delivery of skilled, long-term and personal care nursing services to all continuing care residents. Additionally, she will oversee all regulatory compliance standards and visits, as well as complete annual reviews of all nursing policies and procedures.
Before joining the Maris Grove team, McGuire spent 32 years in the health service industry, serving 10 years as the director of nursing at Brinton Manor, part of the Genesis network.
“We’re excited to have Katie join our Maris Grove family,” Executive Director Maureen Heckler said in a statement. “She has devoted her entire 32-year career in the health care industry and brings extensive experience and knowledge to the director of nursing position. Katie’s priority will be to continue our person-centered culture by engaging with residents and ensuring they receive the best quality nursing care.
Maris Grove is one of 19 CCRCs managed by Erickson Living and serves more than 1,500 residents.
Written by Kourtney Liepelt