News & Press Releases

Thilo Best, Sam Chandan and Dan B. Madsen to Speak at the 2010 NIC Regional Symposium

Press Room – 2009 NIC Press Releases


March 2010 Event to Address ‘Leadership for a Demanding Journey’

FOR IMMEDIATE RELEASE: December 10, 2009
Contact: Renee Tilton, (410) 626-0805 or

Annapolis, Md. – Thilo Best, chairman and CEO of Horizon Bay Retirement Living, and Dan B. Madsen, chairman of One Eighty and president/CEO of Leisure Care, will be the keynote speakers at the 2010 NIC Regional Symposium, as announced today by the National Investment Center for the Seniors Housing & Care Industry (NIC). This annual event, created specifically for providers and financiers with local or regional portfolios in the seniors housing and care sector, will provide information and strategies to help attendees adapt to today’s demanding market and turn obstacles into opportunities. The Symposium will be held at the Hilton San Diego Bayfront Hotel, San Diego, Calif., on March 9-11, 2010.

“In the few short years that this conference has been held, it has quickly proven itself by becoming the must-attend event for those with regional or local portfolios of seniors housing and care communities,” said Angela Mago, senior vice president and national manager, KeyBank Real Estate Capital – Healthcare Group, and 2010 NIC Regional Symposium committee chair. “If you are working with this type of portfolio, you can put yourself and your company at a real advantage by attending this event — especially considering today’s challenging capital markets environment.”

At the opening lunch on Wednesday, March 10, Thilo Best will deliver the keynote address on the conference’s theme: “Leadership for a Demanding Journey: Adapting to Changing Expectations.” He will describe the tactics he has utilized to create a track record of adapting to consumer preferences, the economy and credit markets. In addition, his informative historical perspective of the seniors housing and care industry will reveal both past mistakes by the industry and the keys for its future success.

Horizon Bay manages over 90 senior communities across the United States that contain 16,000 senior housing units. Under Best’s leadership, Horizon Bay has become a well respected, growth-oriented and performance-driven company. The company subscribes to the concept of “best practices” and empowers its employees to be both responsible and accountable for making the best decisions. As a result, Horizon Bay enjoys one of the lowest employee turnover rates in the industry.

Later on Wednesday, a who’s who of financial experts will offer insights on “The Economy and its Effect on Capital for Our Industry.” A forecast of the economy and commercial real estate – including an analysis of seniors housing and how it compares to other types of commercial real estate – will be presented by prominent economist Sam Chandan, PhD, president & chief economist of Real Estate Econometrics, professor at the Wharton School and former chief economist at Reis. Following Chandan’s insights will be a panel of national debt and equity financiers moderated by John A. Moore, CEO, Atria Senior Living Group. Angela Mago, SVP & national manager, KeyBank Real Estate Capital – Healthcare Group;Noah Levy, managing director, Prudential Real Estate Investors; Jay Flaherty, chairman & CEO, HCP, Inc.; Brian Beckwith, senior managing director, GE Capital, Healthcare Financial Services; and Bradley G. Razook, managing director, CS Capital Advisors will drill down to how changing conditions in the economy and capital markets are impacting seniors housing and care financing, including the costs of financing, the changing requirements, and the available sources.

At the closing lunch on Thursday, March 11, Dan B. Madsen will reflect on “Leadership Lessons: Perspectives on the Past and a Vision for the Future.” His inspirational perspective of the future will detail how the desires and demands of consumers will change, and what it means for the industry. Madsen’s insights will reveal strategies for facing the obstacles of the new decade in order to provide quality and value for seniors housing and care residents.

With more than two decades of involvement in the industry, Madsen’s reputation as a pioneer is characterized by his philosophy: Always put people first, do the right thing for employees, residents and customers, and positively impact the lives of those with whom you come into contact. As a visionary leader and out-of-the-box thinker, Madsen has led Leisure Care’s focus on being a world-class provider of hospitality-based services for seniors.

In addition, breakout sessions led by prominent seniors housing and care experts will be held to address issues involving access to capital and the impact of the economy on the industry. Attendees will also have many networking opportunities, including multiple coffee and networking breaks, a networking reception and a networking lounge.

New this year, the co-located 2010 National Skilled Nursing Investment Forum is an investment-focused conference for multi-facility owners, operators, investors, association leaders and government representatives who have specific interest in the skilled nursing sector. A joint reception for attendees of both events will be held on Tuesday, March 9, and will provide an enhanced networking opportunity for everyone involved in seniors housing and care.

The early bird registration rate for the 2010 NIC Regional Symposium is $1000 for general (non-operator) attendees; $1350 after January 15, 2010. The amount includes free admission to the 2010 National Skilled Nursing Investment Forum, which will be held beforehand on March 8-10 at the same location.

For operators, the early bird registration rate for the Symposium is $600; increasing to $750 after January 15. For an additional $350, operators may also attend the National Skilled Nursing Investment Forum.

Attendance for both events is limited, CLICK HERE to register. To become a sponsor, contact Elisa Infante Freeman at (410) 267-0504 or

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 in the 100 largest metropolitan areas and its Key Financial Indicators™ (KFIs) that report nationwide statistics. 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 or call (410) 267-0504.

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