WESTLAKE VILLAGE, Calif. — Doug Korey, an industry professional with more than 40 years of experience in the seniors housing sector, has retired.
Most recently, Korey served as managing director of business development for LTC Properties. According to the company, Korey is departing to focus on his family and health.
A member of the American Health Care Association and the American Seniors Housing Association, he originated and structured billions of dollars in health care real estate transactions throughout his career and was engaged in the broader seniors housing and care landscape.
“Over the past decade, Doug has been a driving force in helping LTC evolve beyond traditional triple-net lease investing, bringing a creative and flexible approach to structured financing that has expanded our capabilities and deepened our industry relationships,” says Wendy Simpson, executive chairman of LTC.
Clint Malin, co-president, co-CEO and chief investment officer of LTC, will continue to oversee the REIT’s business development activities.