OMAHA, Neb. — Essex Communities, an Omaha-based seniors housing design, development, construction, acquisitions, financing, marketing and property management specialist, has promoted Frankie Pane to president and chief operating officer and Michael McGillick to chief executive officer. Pane has been with Essex since 2003 and has experience leading the development of new communities, acquisition of existing communities and operations of 30 current and former Essex-managed communities. In his new role, Pane will continue high-level oversight while providing strategic direction to collaboratively secure growth, enhance corporate services and improve efficiencies throughout the …
MAPLE GROVE, Minn. — Grace Management Inc., a Maple Grove-based operator, has hired Sarah Moriyama as national director of hospitality and engagement. Moriyama will provide support, inspiration and training for hospitality and engagement to all of Grace Management’s senior living communities throughout the country. Prior to joining Grace Management, Moriyama built a career with Disney. She has more than a decade of leadership experience working within the many facets of operations and hospitality. Moriyama earned her bachelor’s degree in in fashion merchandising from Kent State University and her MBA from …
BALTIMORE — CFG Bank (CFGB), a Baltimore-based lender, has launched the Jack and Nancy Dwyer Workforce Development Program. The non-profit organization seeks to help resolve the effects of systemic poverty and inequality and help fix the turnover crisis and burnout due to staffing shortages in the healthcare industry by creating a pathway to advance career opportunities in the nursing profession. CFGB donated $1 million to jumpstart the program. As part of this initiative, CFGB also announced a partnership with and $1 million donation to Living Classrooms, a nonprofit serving Baltimore …
DALLAS — Steven Vick has retired as chairman and CEO of Pegasus Senior Living, a Dallas-based operator formed in 2016 to take over management of a portfolio of Welltower-owned seniors housing assets. Co-founder Chris Hollister has assumed both roles effective immediately. “I have been battling some health problems for several years and felt it was time to retire,” says Vick. “Chris has been my partner and co-founder in Pegasus since day one. I am confident he and his team will carry on the mission and the work to deliver quality …
LOUISVILLE, Ky. — Atria Senior Living has appointed technology executive Chris Nall to the position of chief technology officer (CTO). Atria also announced that current Ali Sareea, currently executive vice president and chief information officer at Atria, has been named executive vice president and CTO for Glennis Solutions. Louisville-based Atria’s new subsidiary offers a full suite of “software as a service” technology solutions and software platforms to help senior living providers and operators improve resident care and business management. As Atria’s CTO, Nall will be the top executive client interface …
DENVER — Bellwether Enterprise Real Estate Capital LLC has hired Ryan Stoll as national director of seniors housing and care. Stoll will be responsible for the creation of a specialized production team and the development and implementation of a growth strategy for Bellwether Enterprise’s seniors housing mortgage lending platform. Stoll will be based in the Denver office. Stoll has nearly a decade of experience working in seniors housing finance and has originated $2 billion in seniors housing capital markets transactions throughout his career. Before joining Bellwether Enterprise, Stoll served as …
WEST DES MOINES, Iowa — Lifespace Communities has appointed Nikki Kresse to the position of chief people officer. Kresse has more than 20 years of extensive experience as a human resources leader. Kresse earned her bachelor’s degree in business management from Colorado State University Global, and is a Certified Benefits Professional and a Certified Compensation Professional. Lifespace Communities, based in West Des Moines, is a nonprofit owner-operator of 15 continuing care retirement communities in eight states, serving more than 5,100 residents and employing more than 3,900 team members.
NEW YORK CITY — Monticello, a New York-based private real estate and asset-based lender, servicer and manager, has hired and appointed Darren Margulis as managing director to oversee its advisory services business unit, which provides lenders and financial institutions custom asset management and special servicing solutions specifically designed for the seniors housing industry. Margulis brings over 25 years of experience to Monticello, including in healthcare and commercial real estate underwriting, portfolio management and investor relations. Prior to his current role, Margulis co-led Formation Capital’s lending group with a primary focus …
BLOOMFIELD, N.J. — Juniper Communities, a Bloomfield-based operator, has named Casey Tiffany as regional director of operations for Texas and Vickie Stotler-Smith as regional director of sales and program development for the Texas market. This moves are designed to help with the company’s expansion in the Texas marketplace. Tiffany has guided operations in many types of care environments including rehabilitation hospitals; assisted living, memory care, independent living and skilled nursing. Her most recent experience was as a healthcare consultant, managing small, rural assisted living and skilled nursing care locations throughout …
SCOTTSDALE, Ariz. — Cadence Living, a Scottsdale-based operator, has hired Randi Cohen as vice president of media and marketing. Cohen will have principal responsibility for all media and marketing strategy of Cadence’s growing portfolio of senior living communities. Cohen brings over 20 years of marketing experience with the last seven years devoted to healthcare and senior living. Her expertise includes brand strategy and creating growth through omni-channel marketing. Before joining Cadence, Cohen worked at Pasadena, California-based Regency Park Senior Living where she was responsible for all aspects of the company’s …