TOLEDO, Ohio — Welltower Inc. (NYSE: WELL), a massive healthcare REIT based in Toledo, has added Philip Hawkins to its board of directors. Hawkins brings nearly 40 years of leadership experience in the real estate sector. He currently serves as executive chairman of Link Logistics Real Estate, Blackstone’s industrial real estate platform. Previously, Hawkins spent 12 years at DCT Industrial Trust (2006 to 2018), where he most recently served as president and CEO prior to its acquisition by Prologis Inc. Earlier, he served at CarrAmerica Realty Corp. from 1996 to …
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NEWTON, Mass. — The RMR Group Inc. (NASDAQ: RMR) has promoted Jennifer Francis to executive vice president. Francis will now lead the entire asset management division of RMR, adding the senior living and hotel segments to her previous responsibilities of overseeing asset management for the office, industrial and retail segments. Francis currently serves as president and chief operating officer of Diversified Healthcare Trust (NASDAQ: DHC), RMR’s seniors housing REIT. The new title will be in addition to her role with DHC. She is also responsible for asset management and leasing …
CHICAGO — Draper and Kramer, a national full-service real estate firm based in Chicago, has hired Jeffrey Ross as senior vice president and chief underwriter for Federal Housing Administration/Housing and Urban Development financing in Draper and Kramer’s Commercial Finance Group. A 30-year veteran of the commercial real estate industry, Ross will be responsible for FHA/HUD loans for third-party clients acquiring multifamily, seniors housing and healthcare properties, as well as Draper and Kramer’s own multifamily acquisitions and developments. Before joining Draper and Kramer, Ross was senior vice president and chief FHA …
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has promoted Shankh Mitra from chief operating officer to CEO. He will replace Tom DeRosa, who is stepping down after more than six years in the role. Mitra was also serving as chief investment officer, and will retain that title. No specifics were given as to why DeRosa was leaving. “In April, we elevated Shankh to the roles of vice chair and COO with the intent that he would ultimately succeed Tom as CEO,” says Jeffrey Donahue, the company’s lead independent director. “Since …
LOUISVILLE, Ky. — Knoxville-based senior living brand Dominion Senior Living has hired Shauna Darbyshire as director of its seniors housing campus in Louisville. Darbyshire will supervise Dominion of Louisville and Everlan of Louisville, a campus of senior living services that provide every level of care from independent living for 55+ (Everlan) to assisted living, memory care and personal care (Dominion), totaling 117 units. Darbyshire formerly worked for Blake Management Group. As campus director, she will direct strategic growth initiatives, daily operations and the development and strengthening of community relationships. Beginning …
LANCASTER, S.C. — Watercrest Senior Living Group has hired Paige Hodgin as executive director of the newly constructed Watercrest Fort Mill-Indian Land Assisted Living and Memory Care. The resort-style senior living community offers 75 assisted living and 32 memory care apartments in Lancaster, approximately 20 miles south of Charlotte, North Carolina. Hodgin joins Watercrest with a degree in business administration and more than 20 years of experience in sales and marketing, small business management and healthcare. She is a certified dementia specialist and former chairperson for the Alzheimer’s Association’s Walk …
Grandbridge Adds Allen McMurtry, David Kliewer, Jay Jordan to Seniors Housing Investment Sales Team
by Jeff Shaw
TAMPA, Fla. — Grandbridge Real Estate Capital has hired three to its Seniors Housing and Healthcare Finance Group. Based in Tampa, the team is led by Allen McMurtry, David Kliewer and Jay Jordan. All were previously with Cushman & Wakefield. The team has exclusively represented sellers of seniors housing communities across the U.S. since 1986, spanning over 190 properties sold in 35 states. Grandbridge’s Seniors Housing and Healthcare Finance Group offers construction, nonrecourse acquisition/bridge loans and permanent financing options to seniors housing owners nationwide. These latest additions will work closely …
Covenant Living Appoints Jeannie Justie as Chief Financial Officer, Amy LaCroix as Senior Vice President
by Jeff Shaw
SKOKIE, Ill. — Covenant Living Communities and Services, a nonprofit, faith-based operator headquartered in Skokie, has named Jeannie Justie as chief financial officer and Amy LaCroix as senior vice president of community operations. Justie comes to Covenant Living with more than 20 years’ experience in healthcare finance, most recently working for a Chicago-area health system with 19 hospitals. In her role, she will work collaboratively with senior leadership in the areas of organizational and financial strategy, financial management, planning, analysis and operations. She is a C.P.A. and received her bachelor’s …
HOUSTON — Kare, a digital labor marketplace for post-acute and senior care based in Houston, has hired Steph Kolbo as chief growth officer. Kolbo joins Kare after a decade at NRC Health, a healthcare customer intelligence company. She led growth strategy for the company’s post-acute care division (including senior living) and most recently helped lead customer strategy for health systems. At Kare, Kolbo will help build on the company’s customer and geographic growth, while also building alliances with nursing and vocational schools.
ATLANTA — Regional Health Properties Inc. (NYSE: RHE), a self-managed healthcare real estate investment company based in Atlanta that invests primarily in senior living and long-term care, has hired Ben Waites as chief financial officer and vice president. Most recently, Waites spent 10 years as vice president of finance and assistant treasurer for Cajun Operating Company Inc., the franchisor and operator of over 1,600 restaurant locations. In this role, he refinanced the organization’s debt, realizing more than $8 million in annual interest savings and restructured all bank relationships. Waites previously …