NEW YORK CITY — Jason Beakas has joined Lument as an originator. Serving in a director role, Beakas will support the firm’s seniors housing and healthcare origination efforts in collaboration with Doug Harper and Casey Moore. Based in Columbus, Ohio, Beakas will serve clients nationwide. Prior to joining Lument, Beakas worked at Lancaster Pollard, which he joined in 2010. Since 2010, Beakas has managed and underwritten more than 200 transactions totaling roughly $1.7 billion across a range of capital structures including FHA/HUD, Fannie Mae and USDA financing, as well as balance …
Company News
HOUSTON — Two new leaders, both veterans of the senior living industry, have joined technology company Nobi. Shelley Esden now serves as chief operating officer, and Kim Lody is now chair of the board of directors for the organization. Founded in 2018, Nobi produces AI-powered light fixtures that serve as fall detectors for seniors. Esden, who has more than 25 years of experience in seniors housing organizations, oversees daily operations and lead implementation across communities in her new role. She has held executive roles with both national and regional senior living …
SKOKIE, Ill. — Tony Galvan has joined Covenant Living Communities and Services as vice president of resident experience. Covenant is a non-profit, faith-based senior living organization. In this new role, Galvan is responsible for working with the organization’s 20 communities in all areas impacting resident life, ranging from wellness initiatives to lifestyle programming and more. While Covenant has always placed a strong emphasis on enhancing the resident experience, this is the first leadership position to spearhead those efforts under the umbrella of operations, according to the organization. Galvan has more than …
MARION, Ohio — United Church Homes (UCH) has promoted Amy Kotterman, a registered dietitian nutritionist, to the position of senior executive director of integrated operations. In this new leadership role, Kotterman will oversee multiple interdisciplinary service lines at UCH, including middle-market housing, memory care program management and dining services. UCH serves nearly 7,000 residents across more than 90 communities in 15 states and two Native American nations. As senior executive director, Kotterman will be responsible for strategic planning, operational excellence and program integration across service lines. She will lead efforts to ensure …
NEW YORK CITY — Global asset manager Macquarie Asset Management has launched Health Wave Partners, a new seniors housing platform. Alongside established operators, the platform will target investments in modern properties. Health Wave Partners’ management team will include John Cobb as chief executive officer, Philip Kayden as chief investment officer, Elliot Pessis as chief operating officer, Sean O’Malley as managing director of finance and Holden Torrens as director of investments. “Health Wave Partners will focus on investing in what it views to be high-quality properties and partner with experienced operators in …
MARION, Ohio — Nonprofit senior living provider United Church Homes (UCH) has named Terry Spitznagel chief operating officer (COO). Spitznagel, who joined the organization in 2020, will continue to serve as senior executive vice president as well. Previously, she also held the title of chief growth officer. In her new role, Spitznagel will report directly to Kenneth Young, president and CEO of UCH. “Terry has consistently demonstrated a deep commitment to our mission and a strong vision for the future of senior living and services,” says Young. “Her strategic leadership, collaborative …
CHICAGO — Multifamily brokerage firm Kiser Group has launched a new seniors housing division. As part of the new division, industry veteran Mark Myers will join the firm as partner. Myers brings more than 30 years of experience. Since 1995, he has closed more than 800 seniors housing transactions totaling over $12 billion. “Mark is one of the most accomplished brokers in the seniors housing space and we’re excited to partner with him launching seniors housing brokerage at Kiser Group,” says Lee Kiser, principal and managing broker at Kiser Group. “His leadership …
BELLEVUE, Wash. — Nonprofit organization Transforming Age has acquired peace love food, a culinary consulting vendor that provides support to global food manufacturing companies, independent and national chain restaurants, the seniors housing and longevity industries, international airlines and the hospitality industry. As part of the acquisition, peace love food founder Chef Laureen Herzig will join Transforming Age in the dual role of president of peace love food and vice president of culinary services, Transforming Age. Herzig brings more than 35 years of experience. Since 2012, peace love food has collaborated with …
NAPERVILLE, Ill. — Owner and operator Charter Senior Living has announced a new strategic partnership with LifeLoop, a senior living technology company. Illinois-based Charter, which has a portfolio of 72 senior living communities, has deployed a LifeLoop resident engagement solution to support its Flourish Memory Care program for adults with Alzheimer’s and other forms of dementia. Charter communities now use the 1N2L by LifeLoop solution, which offers cognitive care content and programming with more than 7,000 curated experiences. “LifeLoop enables our community teams to deliver personalized enrichment programming at a scale …
MIAMI — Investment firm Locust Point Capital, which operates exclusively in the seniors housing and care sector, has closed its Locust Point Private Credit Fund III with $668 million in total capital commitments. This marks a 56 percent increase over raise of the firm’s predecessor vehicle, which closed at $428 million. According to Locust Point, Fund III will continue to execute the firm’s core strategy, which includes providing structured credit solutions to owner-operators of seniors housing communities. “Having invested in the seniors housing industry for more than three decades, I believe …