SAN DIEGO — JLL has hired Deborah Street as a senior vice president with the company’s Valuation Advisory division. Street will have a special focus on seniors housing, nursing care and multifamily. She will be based in San Diego. As part of the hire, Street will start a new Strategic Advisory national practice focused on developing and implementing real estate strategies. Services include improving the operating performance of existing assets, on-demand underwriting, strategic planning, transaction structure/return analysis, transaction management, and due diligence services for potential investment and development opportunities.
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FORT WASHINGTON, Pa. — Acts Retirement-Life Communities, a Fort Washington-based, nonprofit operator, has promoted Karen I. Christiansen to president. Christiansen has been with Acts since 1996, and most recently served as executive vice president and chief financial officer. During her tenure, Acts has experienced growth and been recognized for its financial and operational strength, according to the company. Gerald T. Grant, who was appointed president and CEO in 2017, will continue in his role as CEO. In addition, Acts promoted Richard Winter to the position of chief financial officer to …
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has announced the Senior Living Hall of Fame’s 2020 class of inductees, who will be inaugurated during the association’s 2020 annual meeting in Palm Desert, California, on Jan. 23. The inductees will be Lynn Katzmann of Juniper Communities; Emmett and Alice Koelsch, Koelsch Communities; and Margaret Wylde of ProMatura Group. Katzmann founded New Jersey-based investor, developer and operator Juniper Communities on the concept that a woman could and should lead this business where the customers — staff, residents and family caregivers …
Oakmont Senior Living Names Melon Rivera as Executive Director for Oakmont of Novato Near San Francisco
by Jeff Shaw
NOVATO, Calif. — Oakmont Senior Living has named Melon Rivera executive director of Oakmont of Novato, a senior living community in Novato, located north of San Francisco. The community is under construction, with a scheduled opening in spring 2020. Rivera has worked in the senior living industry for about a decade. Before joining Oakmont Senior Living, he was executive director at Atria Tamalpais Creek. He also spent about five years with Brookdale in various roles. Rivera attended Santa Rosa Junior College and is also a licensed pharmacy technician.
TUCSON, Ariz. — Watermark Retirement Communities, a Tucson-based operator, has hired Aras Erekul to the new position of national director of integrative well-being. Erekul was most recently the corporate director of experience development at the wellness lifestyle and luxury spa resort organization Canyon Ranch. He will be responsible for bringing together a wide range of practices and programs for Watermark residents and associates. “The senior living profession is evolving to embrace a deeper understanding of holistic approaches to health and wellness,” says Erekul. “I look forward to serving as the …
SCOTTSDALE, Ariz. — Cadence Living has hired Tom Stenger as regional sales rirector for the Southeast. Stenger will support Mike Dollander, vice president of operations for the Southeast, and Heather Thomas, vice president of operations for North Carolina). The team will manage the ten Southeastern communities in Cadence’s portfolio. Prior to joining Cadence, Stenger served in regional and community positions in sales and marketing for Erickson Living and Liberty Senior Living. He also served as the head of new business development for four different advertising agencies, most notably as a …
SCOTTSDALE, Ariz. — Cadence Living has promoted Rhonda Thiel from executive director of its Inspira Arrowhead community to regional director of operations for the mountain region. Prior to joining Cadence, Thiel held roles with Koelsch Communities, JEA Senior Living and Emeritus. Anna Sarres will replace Thiel as executive director at Inspira Arrowhead, which is located in Glendale. Sarres spent six years with Silverado in multiple roles, and previously worked as life enrichment director at Sierra Pointe in Scottsdale. Based in Scottsdale, Cadence Living is currently developing, owns and/or operates communities …
SCOTTSDALE, Ariz. — Cadence Living, a Scottsdale-based operator, has hired Dakota Seven as regional sales director for the West region. Seven will support Treva Whalen, vice president of operations for the West, and the six California communities in Cadence’s portfolio. Seven started her career in seniors housing as a part-time sales assistant with Sunrise Senior Living. After Sunrise, she was a sales and marketing director for Atria Senior living, supporting redeveloped properties, lease-up projects and stabilized properties in California. Most recently she worked as regional sales specialist with Oakmont Management …
JLL Hires Deborah Street to Head New Advisory, Investment Transaction Services Practice
by Jeff Shaw
SAN DIEGO — JLL today announced the addition of a new advisory and investment transaction services practice. The new service offering will be led by Deborah Street, who joins the firm as a senior vice president based in San Diego. Street will oversee a continuum of services across multiple property types, with a focus on seniors housing, nursing care and multifamily. Services include on-demand underwriting, strategic planning, transaction structure/return analysis, transaction management, and due diligence for potential investment and development opportunities, as well as ongoing asset management services and strategic …
WASHINGTON, D.C. — Love Funding, a D.C.-based provider of FHA multifamily, affordable and healthcare financing, has added Doug Knebel to its St. Louis team as senior director. Knebel brings more than 15 years of experience in commercial lending, banking and servicing to Love Funding. Most recently, he served as associate director of commercial banking, and previously as commercial relationship manager, at Midland States Bank, Love Funding’s parent company. Knebel earned a bachelor’s degree in accounting from Greenville College. He is engaged in the healthcare industry, including board positions on Fayette …