News & Press Releases

NIC Board of Directors Elects 2010-2011 Officers

Press Room – 2010 NIC Press Releases

NIC BOARD OF DIRECTORS ELECTS 2010-2011 OFFICERS

Three new members also elected

FOR IMMEDIATE RELEASE: November 2, 2010
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com

Annapolis, Md. – The Board of Directors for the National Investment Center for the Seniors Housing & Care Industry (NIC) announced its officers for the 2010-11 term. Three individuals were also elected to serve as new board members, and three individuals were elected to serve additional three-year terms.

The officers include Kevin McMeen, president-real estate, MidCap Financial, as board chair, and Randy Richardson, president, Vi, as vice chair. Brad Razook, president & managing director, CS Capital Advisors LLC, will serve as secretary, and George V. Hager, Jr., chairman & CEO, Genesis Healthcare Corp., as treasurer.

The three new members elected to the NIC Board of Directors are Brian Beckwith, senior managing director, GE Capital, Healthcare Financial Services, Charles J. (Chuck) Herman, executive vice president & chief investment officer, Health Care REIT, Inc. and Ray Lewis, president, Ventas. Loren Shook, chairman of the board, president/CEO, Silverado Senior Living, was appointed to the board as the chairman of the NIC Operator Advisory Board.

In addition, three members of the NIC Board of Directors were elected to serve additional three-year terms on the board: Beth Burnham Mace, director-AEW research, AEW Capital Management, L.P.; Angela Mago, senior vice president and national manager, KeyBank Real Estate Capital-Healthcare Group; and Arnold Whitman, CEO & co-chairman, Formation Capital, LLC.

“We’re honored that our leadership consists of so many industry veterans,” said Robert G. Kramer, president of NIC. “Our core group of seasoned pros dedicates their time and expertise to fulfilling NIC’s mission of advancing the quality of seniors housing and care through data, research, networking events, and professional education.”

About NIC

Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry is a nonprofit education and research organization providing information about business strategy and capital formation for the senior living industry. NIC is the leading provider of historical and trend data on the industry through its NIC MAP® Data and Analysis Service that tracks properties on a quarterly in the 100 largest metropolitan markets. Proceeds from its annual conference and other events are used to fund data and research on issues of importance to lenders, investors, developers, operators, and others interested in meeting the housing and care needs of America’s seniors. For more information, visit www.NIC.org or call (410) 267-0504.