DENVER — Confluent Development, a Denver-based real estate investment and development firm, has promoted Matt Derrick to managing director of the firm’s senior living development division.
Derrick will spearhead Confluent Senior Living’s continued strategic expansion plans both in its projects and internal team growth.
Since joining Confluent in 2016 as a senior development director, Derrick has led the development team in the completion of nearly $600 million in senior living development projects, divided across 14 properties. In addition, Derrick has led the team to a $400 million senior living and active adult pipeline that is currently in development.
Throughout his career at Confluent, Derrick quickly ascended to serve on the leadership team, receiving three promotions to achieve the title of vice president in under six years.
Derrick has been elected to the National Investment Center for Seniors Housing & Care (NIC) Future Leaders Council (FLC). Additionally, Derrick is on the advisory board for the Vision Centre, an organization that bridges relationships between universities and providers.
Derrick has held positions in commercial brokerage, asset management, land development, land entitlements and land acquisitions. He holds a bachelor’s degree from the University of Colorado at Boulder and a master’s degree in real estate and construction management from the University of Denver.