Lancaster Pollard is certainly keeping busy this month. First, Lancaster Pollard Finance Co., led by Doug Korey, provided a $5.4 million balance sheet loan to fund Benicia Senior Living’s acquisition of a 60-unit assisted living/memory care community in Eugene, Oregon. Second, Chris Blanda of LP structured a $5.4 million HUD LEAN loan with a 25-year term for nonprofit Baptist Homes to expand the Medicare skilled nursing offering at its CCRC in Louisville, Kentucky. Third, for Real Properties Health Facilities Corp.’s $29.5 million refinance of its 12 skilled nursing and assisted living facilities with 1,000 available beds in four states, Lancaster Pollard served as placement agent, with Grant Goodman at the helm. Finally, the company completed a major shift in day-to-day operations, as Nick Gesue and Kass Matt have been named CEO and President, respectively, to replace veterans Tom Green and Brian Pollard. In addition, Ken Gould was named senior managing director and chair of the strategic planning and development committee, and Steve Kennedy has been named senior managing director and the company’s senior governmental liaison. Good luck to all in their new roles.
