DENVER — Arbor Commercial Mortgage LLC, a New York-based commercial real estate lender, has appointed Ben Truitt as director of FHA in the company’s Denver office.
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For the fourth consecutive year, Justin Hutchens has made Forbes lists of America’s Most Powerful CEOs 40 and Under, ranking 13th this year. Hutcens is CEO and president of National Health Investors Inc. (NYSE: NHI), a real estate investment trust specializing in seniors housing and medical properties.
ATLANTA— AdCare Health Systems Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a provider of senior living and healthcare facility management, continues its transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, with 35 of the company’s 40 properties leased or sub-leased. As a result, the company’s board of directors declared a cash dividend on the common stock. The company also announced changes to the board of directors and a the hiring of a new chief financial officer.
TOLEDO, Ohio — Health Care REIT Inc. (NYSE:HCN) has added Colin Catherwood as vice president – investments, Canada. Catherwood will lead HCN’s new office in Toronto, Ontario. He is responsible for managing the company’s Canadian portfolio and identifying and managing growth opportunities in Canada.
CHICAGO — Ventas Inc. (NYSE: VTR), a leading real estate investment trust (REIT) with 1,600 seniors housing communities and other medical facilities in the United States, Canada and United Kingdom, has hired Timothy Sanders as a senior investment officer and promoted three of its existing employees.