Our client is an investment manager that makes equity and debt investments in real estate across the US, with a focus on multifamily, industrial, office, retail, hospitality, senior housing and medical office. The firm has raised $9 billion of capital across core, core plus, value-add and opportunistic strategies, primarily from institutional investment partners.
With the growth of the company's portfolio of seniors housing and medical office properties acquired through its core plus healthcare real estate fund, SCI was retained to recruit a senior executive to oversee that asset class. The role required an individual capable of working with portfolio management leadership to develop policies and business strategies and but also possessing the operational expertise to lead internal operations teams and local operating partners to implement those plans and policies.
The search was successfully completed with the placement of an executive with portfolio management experience at both a major investment manager and an operator, who also began their career in seniors housing operations.