Movers & Shakers: HHC Finance’s New CEO

Housing & Healthcare Finance Announces New CEO

Housing and Healthcare Finance (HHC) announced Keith D. Reuben as its new CEO. In addition, Erik Lindenauer will serve as the firm’s executive chairman, and Richard Lerner will serve as the firm’s executive vice chairman. The three will comprise HHC’s board.

Reuben brings more than 20 years of experience in health care and specialty commercial lending. He previously served as president of Specialty Finance Partners, and was executive vice president of the commercial and specialty finance business at Capital One Bank before that, along with roles at a variety of other national business lines.

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He will be leading the company’s ongoing expansion efforts and will join HHC in the company’s main office in Bethesda, Maryland.

“It is an honor to join the Housing and Healthcare Finance team,” Reuben said in a news release. “I look forward to working alongside Erik and Rich—both of whom possess an unmatched track record of success—as well as the entire HHC team, as we work together to expand and diversify HHC’s already very successful business.”

HHC is a commercial finance company with a primary focus on financing HUD-insured health care facilities and multifamily properties including skilled nursing facilities, acute care hospitals, assisted living communities and more.

Van Dyk Health Care Selects First Executive Director for Home Care Program

Van Dyk Health Care selected Nancy Grasso as the first executive director of its emerging home care company, At Home with Van Dyk, which is aimed at complementing its continuum of care services in skilled nursing, post-acute rehab, assisted living and soon memory day care.

Grass began her career in health care in 1987, and brings extensive leadership experience in home care to Van Dyk. She served as a vice president at Accredited Health Services, as well as an executive director for several home care agencies. She also worked in operations, human resources and marketing for several senior care providers.

“We’re very fortunate to have Nancy at the helm of our home care company,” Robert Van Dyk, President and CEO of Van Dyk Health Care, said in a news release. “She appreciates the importance of recruiting the best home health aides to care for our patients as members of our own family.”

Van Dyk Health Care operates in New Jersey and has two nursing and post-acute care facilities in Ridgewood and Montclair, an assisted living community in Hawthorne, a home care company and a soon-to-open memory day care center.

Presbyterian Homes Names New Executive Director at Lake Forest Place

Presbyterian Homes named Glenn Brichacek as the new executive director at Lake Forest Place, the organization’s senior living community in Lake Forest, Illinois.

In the new role, Brichacek will oversee all community operations, manage community staff, foster resident relations and serve on the organization’s corporate leadership committee. He most recently served for 15 years as the CEO of Admiral at the Lake, a nonprofit continuing care retirement community (CCRC) in Chicago. Before that, he had several leadership roles, including executive director at Mather LifeWays.

“Glenn has an exceptional track record in the leadership category,” Presbyterian Homes President and CEO Todd Swortzel said in a news release. “His knowledge of senior living runs deep. His knowledge of the nonprofit sector is extensive. His pastoral background rounds out his business acumen. I know Lake Forest Place will thrive with Glenn in charge, and we are delighted to welcome him aboard.”

Presbyterian homes is a not-for-profit organization serving more than 1,700 older adults in residential and health care programs on campuses in Evanston, Lake Forest and Arlington Heights, all in Illinois.

Ryan Companies Adds New Director of Capital Markets

Ryan Companies US, Inc. added Toby Veit as director of capital markets in the firm’s Chicago office.

In the new role, Veit will be responsible for capitalizing Ryan projects and assets, developing and maintaining debt and equity relationships, sourcing and evaluating value-add acquisitions and structuring joint ventures. He comes to Ryan Companies from GGP, where he was director of development. He has 12 years of experience in real estate development, investment analysis and acquisitions, and has completed over $1 billion in transactions over his career.

“We are excited to add Toby’s broad-based talent and experience to our team,” Dan Levitt, senior vice president of capital markets for Ryan Companies, said in a news release. “He will play a central role in executing our capital markets requirements and opportunities in multiple Ryan offices.”

Ryan Companies is a national developer, designer, capital investment consultant, builder and real estate manager, including in the senior living sector.

Homestead at Hamilton Hires Senior Staff Members

Homestead at Hamilton, an independent living, assisted living and memory care community slated to open in Hamilton Township, New Jersey, hired members of its senior staff. Andy Fritz will serve as general manager and Michele Schreck has been named marketing director.

Fritz has more than 22 years of experience in senior living, and he is a licensed health care professional in the state of New Jersey. Schreck has more than 30 years of experience across the continuum of care, working primarily in sales and marketing.

The community is situated on a 24-acre site and is expected to be completed in fall 2017. It will offer 96 independent living apartments, 75 assisted living units and a 24-suite memory care neighborhood, and will be manage by Princeton, New Jersey-based Solvere Senior Living, which oversees communities in seven states.

Senior Living Executives Launch Senior Source Consulting Group

Amy McKinley and Libby Lauer, two veterans of the senior living industry, announced the launch of Senior Source Consulting Group.

The new firm is aimed at providing consultation to organizations to help create a better resident, family and customer experience to help improve sales performance and occupancy rates, and improve the image of the senior living industry as a whole. Senior Source offers customers customized sales and marketing solutions like mystery shopping, market research, competitor analysis, resident and customer engagement strategies and more.

Lauer serves as the co-founder and COO of Senior Source, and comes with more than 25 years of marketing and sales experience. McKinley is a co-founder and the CEO, and has more than 31 years of experience in the senior living industry.

“We are proud to bring our years of expertise to the marketplace in an effort to break stereotypes and truly impact the bottom line for communities across the U.S.,” McKinley said in a news release.

Waltonwood Ashburn Welcomes Executive Director, Marketing Manager

Waltonwood Ashburn, an independent living, assisted living and memory care community currently under construction in Ashburn, Virginia, welcomed Justin Roberts as executive director and Michelle Rogers as marketing manager.

Roberts has more than 10 years of experience in senior living, with prior roles in CCRCs and memory care communities. Rogers comes to her new role with 10 years of experience in leasing and property management.

“We’re excited to welcome Justin and Michelle to the Waltonwood Ashburn family,” Staci Stewart, regional director of sales and marketing for Waltonwood Communities/Singh Senior Living, said in a news release. “They each possess the passion, talent and experience to help us redefine retirement living and ensure that the residents enjoy an active lifestyle and excellent quality of life.”

Waltonwood Ashburn is scheduled to open in the second half of 2017 and will have 114 independent living apartments, 72 assisted living apartments and 27 memory care apartments situated on a 14.5-acre campus. Singh Senior Living owns and operates 10 other Waltonwood Communities in Michigan and North Carolina, and has several others in development and under construction in North Carolina and the Washington, D.C metro area market.

Roland Park Place Appoints New Dining Director

Roland Park Place, a CCRC located in Baltimore City, Maryland, appointed Reginald Stephens as its new dining director.

Stephens has more than 20 years of experience in the hotel industry, serving as director of food and beverage. He has worked in various senior living communities, most recently as a national director with Holiday Retirement.

Written by Kourtney Liepelt

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