COLUMBUS, Ohio--(BUSINESS WIRE)--Lancaster Pollard has hired Stephen F. Graham as managing director of the firm’s mergers and acquisitions services, according to Tom Green, CEO of Lancaster Pollard. Graham will lead a national effort to expand the firm’s sell-side and buy-side services for seniors housing and care properties.
Lancaster Pollard has provided a full range of capital funding solutions to the senior living, health care and affordable housing sectors since its inception in 1988. The company has experienced rapid growth over the past decade, with six regional offices nationwide, the recent expansion of its affordable housing group and added funding options to its senior living platform.
“With the addition of Stephen Graham, we are expanding our capabilities in mergers, acquisitions and divestitures to better serve our clients,” Green said. “He brings a wealth of experience and ability in health care real estate investing, which will add to the outstanding M&A services we already provide in senior living sector. This is an opportune time to expand in this area as the growing elderly population and improving economy have increased the demand for seniors housing and care properties.”
According to Green, there are several benefits to using Lancaster Pollard’s full-service approach and experienced investment and mortgage bankers. On the sell side, Lancaster Pollard’s valuation experience will help clients better understand a realistic price point for a property, which will help ensure a successful sale. In addition, the firm’s extensive network in the senior living industry enhances its ability to find qualified potential buyers for a property, which means fewer disruptions to its operations and increased confidentiality. On the buy side, Lancaster Pollard can identify the appropriate facility to a buyer and advise on the best way to finance given the financial characteristics of the property and the financial strength of the purchaser.
Prior to joining Lancaster Pollard, Graham was a vice president at Ventas/Nationwide Health Properties in Dallas, Texas, where he was one of four national investment officers, with responsibility for investment efforts in the South and Southeast. Before joining Ventas, he held senior investment roles with Nationwide Health Properties, Inc., GMAC ResCap and Comerica Bank. Previously, he gained seven years of operating experience with a private multistate skilled nursing and seniors housing operator. Graham earned his Bachelor of Business Administration degree from Southern Methodist University, in Dallas. He also is a graduate of the Southwestern Graduate School of Banking at SMU, where he subsequently taught for several years. Additionally, he taught real estate finance at Texas Christian University in Fort Worth, Texas.
“I am excited to join Lancaster Pollard to help drive the firm’s growth strategies in senior living mergers and acquisitions,” Graham said. “It’s a dynamic company with an experienced and knowledgeable team of bankers and associates.”
Graham, who will be based out of Dallas, may be contacted at sgraham@lancasterpollard.com or (817) 296-4111.
