Prior Engagements

Property Development - During the past five years, direct experience has included development projects outside of the New England market and involving SNF, ALF and ILF property initiatives. Among these were four replacement nursing centers representing capital investment totaling approximately $40M; two nursing center acquisitions, ALF conversion and capital improvement projects representing a capital investment of $25M; and development of a campus ILF project representing a capital investment of $15M. All of these projects were financed by national commercial healthcare lenders and institutional equity capital investors.

Credit Default Resolution – Engaged by the New Hampshire Housing and Finance Authority in connection with resolution of monetary credit defaults associated with a portfolio of privately owned senior housing and assisted living facilities. Served in a financial advisory and consulting capacity positioning for replacement management and foreclosure proceedings. Our intervention resulted in restored compliance for the conditions of default and the avoidance of planned legal proceedings.

Capital Formation – Represented owners and operators of long-term care facilities located in Massachusetts, Connecticut, Pennsylvania, Kentucky, Iowa and Tennessee representing over 30 facilities and 3,000 beds. Provided financial advisory and operations consulting services in connection with capital acquisition and re-financing initiatives representing invested capital exceeding $250MM.

Asset Management – Served lenders and investors representing credit interests in long-term care and senior housing properties throughout the United States. Provided oversight management, operational consulting and reporting services for commercial lenders and institutional investors representing credit interests involving over 50 properties and invested capital of over $250MM.

Turnaround Management – Served in the executive management capacity for a distressed public company providing healthcare management and ancillary services to the long-term care industry with operations in New England, Pennsylvania, Maryland, Georgia, Ohio and California. Provided strategic advisory, reorganization and disposition services in connection with redirecting distressed business operations.

Oversight Management – Engaged through Secured Creditor interests of multiple long-term care and assisted living facilities located in Virginia and North Carolina representing 24 properties and over 2700 beds. Provided financial advisory, operations consulting and oversight management services in connection with developing and implementing strategic business plans for continuing operations. Provided direct assistance in supporting lender relations representing defaulted senior credit interests exceeding $115MM. The senior credit interests were fully restored.

Executive Management – Engaged in an executive management capacity and served as Chief Financial Officer for a regional long-term care provider in New England. Served as the primary executive resource responsible for transactional growth and capital formation associated with the emergence of this private long-term care provider resulting in multi-facility operations comprised of over 15 properties representing nearly 2,000 beds. The Company was subsequently sold to a national provider.