Company News

CHARLOTTE, N.C. — Allen McMurtry, senior vice president of Charlotte-based Grandbridge Real Estate Capital and longtime seniors housing investment sales broker, has retired after 35 years. The Tampa, Florida native was an early entrant into the then-burgeoning seniors housing industry in 1987. Over the course of his career, McMurtry dedicated his work exclusively to the sale of seniors housing communities nationally, facilitating the sale over 200 properties across 35 states. In 1984, McMurtry was a land broker in the Tampa Bay area. After a few years of facilitating such sales, …

DALLAS — Silverstone Senior Living has appointed Tami Cumings as chief operating officer. In this newly created position, Cumings will oversee asset management, property operations and sales and marketing for the company’s growing senior housing portfolio. With more than 25 years of executive-level experience in senior living, Cumings was most recently vice president of Caddis, where she oversaw the growth and operational relationships for the Heartis Senior Living brand. Prior to Caddis, she held executive-level positions at Arbor Co., Sunrise Senior Living, US Memory Care, A Place for Mom and …

CHICAGO — Partner Valuation Advisors, a Chicago-based national commercial real estate valuation advisory firm, has hired Brian Chandler as senior managing director. Based in Raleigh, North Carolina, Chandler will lead the company’s seniors housing practice, focused on conducting appraisals, market studies, large portfolio engagements and consulting assignments for properties on a national basis. He will also be a member of the firm’s national leadership team. Since launching in September 2022, Partner Valuation Advisors has completed more than 700 valuations across 40 states with an aggregate commercial real estate value exceeding …

WESTPORT, Conn. — Maplewood Senior Living has announced that Gregory Smith, its founder, president and CEO, died over the weekend. Although the cause of death was not released, the company made it clear that the passing was not expected. He was 54. Smith founded the Westport-based company in 2004 and it has grown to 16 communities across five states since that time. In recent years he launched the company’s high-end Inspīr brand, starting with the 23-story, 215-unit Inspīr Carnegie Hill on Manhattan’s Upper East Side. “Greg was a true inspiration …