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Anthem Memory Care Appoints Emily Potempa as Executive Director of Churchill Place in Glen Ellyn, Illinois

by Jeff Shaw

GLEN ELLYN, Ill. — Anthem Memory Care has named Emily Potempa as executive director for Churchill Place, a community in the Chicago suburb of Glen Ellyn. In this capacity, she will oversee all daily care, programming and operations. Potempa previously was executive director with Encore Memory Care in nearby Bolingbrook. She also served as director of resident services for Brookdale Senior Living in Lisle, just five miles away from her new community. Potempa brings over 12 years of senior living experience to this position. She earned a bachelor’s degree in …

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Lifespace Hires Jenelle Bertolino as Vice President, Business Operations

by Jeff Shaw

DALLAS — Lifespace Communities has hired Jenelle Bertolino as vice president, business operations. In this role, she is responsible for leading operations initiatives. Her focus includes team member and resident relations, financial management and procurement, business development, and business strategy. Bertolino has a background in healthcare management and operations. In previous roles in hospitals, integrated health systems and senior living, she has implemented new service lines to meet patient and resident needs and developed new models of care that improved health outcomes and quality of care, while optimizing budgets and …

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Company NewsNewsPeople

Care Purchasing Services Hires David Mercugliano as Director of Business Development

by Jeff Shaw

DES MOINES, Iowa — Care Purchasing Services (CPS), an LCS Company, has hired David Mercugliano as director of business development. CPS is a group purchasing for the senior living industry. Its national purchasing power allows its members to realize cost savings from more than 250 suppliers in operations, food service, medical supplies, therapy, pharmacy and more. In his new role, Mercugliano will be responsible for increasing CPS membership to ensure our overall purchasing power and solutions grow, remain strong and drive results for members. His role will work alongside senior …

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Partner Valuation Advisors Expands Seniors Housing Team with Seven Hires

by Jeff Shaw

CHICAGO — Partner Valuation Advisors, a Chicago-based national commercial real estate valuation advisory firm, has expanded its seniors housing team with the hiring of seven professionals. The new additions are spread across five states and include Shawn-James O’Connor, executive vice president; Patrick McCrae, director; Andrea Roberts, director; Bradley Grossa, director; Allison Stavinoha, director; Karlie Guta, senior vice president; and Jacob Sandler, associate. O’Connor brings over 23 years of expertise in seniors housing and health care. Throughout his career, he has focused on valuation and consulting engagements encompassing a diverse range …

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DelawareNewsPeople

LCS Names Kristopher Brown as Executive Director of Millcroft Living in Newark, Delaware

by Jeff Shaw

NEWARK, Del. — Life Care Services has named Kristopher Brown as executive director of Millcroft Living, a seniors housing community in Newark, located between Philadelphia and Baltimore. Brown 20 years of experience, starting as a caregiver. He earned a degree in health sciences with a minor in physics and then became a certified-dementia practitioner.

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CCRCNewsPeople

Presbyterian Homes Names Shannon Gutierrez as Chief Operating Officer

by Jeff Shaw

SKOKIE, Ill. — Presbyterian Homes, a Skokie-based operator, has named Shannon Gutierrez as chief operating officer. Gutierrez will provide operational oversight, including team building, development and technology implementation for the three CCRCs (Lake Forest Place, The Moorings of Arlington Heights and Westminster Place) and rental community (Ten Twenty Grove) Presbyterian Homes manages. Gutierrez brings more than 25 years of hands-on experience in the senior living industry and most recently served as national vice president of operations for Anthem Memory Care. She holds a bachelor’s degree in social work from the …

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Employee Stock Ownership Plans Offer a Unique Exit Strategy in the Face of a Challenging Economic Environment

by Sarah Daniels

  Owners and operators considering an exit strategy today face a challenging economic environment. Higher interest rates have slammed capital markets. Valuations are in flux. Transactions have slowed. And the pool of potential buyers has dwindled. As an alternative to an outright sale to a third-party, an often-overlooked option is an exit to an employee stock ownership plan (ESOP). These plans allow business owners to sell all or part of the company’s stock to employees, allowing owners to diversify wealth away from the business while limiting their future liability. Ultimately, …

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Legal IssuesNewsPeople

Law Firm Hinshaw & Culbertson Names Adam Guetzow as Co-Practice Group Leader of Healthcare

by Jeff Shaw

CHICAGO — Hinshaw & Culbertson LLP, a Chicago-based law firm with offices around the world, has neamed Adam Guetzow as co-practice group leader of the firm’s national healthcare practice. Guetzow will serve alongside current interim practice group leader Stephen Moore. As part of his new role, Guetzow will lead the firm’s strategic expansion of its current healthcare practice, including an emphasis on aging services and long-term care capabilities. Hinshaw’s aging services practice has grown exponentially in the past few years in response to industry expansion and a growing need for …

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NIC Announces Five New Board Appointments

by Jeff Shaw

ANNAPOLIS, Md. — The National Investment Center for Seniors Housing & Care (NIC), an Annapolis-based nonprofit providing data to the seniors housing industry, has appointed five new members to its board of directors: Bre Grubbs, partner and chief strategy officer of Leisure Care, who becomes assistant secretary Vikas Gupta, senior vice president of acquisitions and development at Omega Healthcare Investors Inc. Severine Petras, CEO and co-founder of Priority Life Care Kathy Ryser, senior director of seniors housing underwriting and credit at Freddie Mac Aron Will, vice chairman of CBRE, who …

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