Lancaster Pollard Expands Balance Sheet Funding Capabilities

Doug Korey hired as President of Lancaster Pollard Finance Co., LLC

COLUMBUS, Ohio--(BUSINESS WIRE)--Lancaster Pollard has hired Doug Korey as president of its recently launched finance company, Lancaster Pollard Finance Co., LLC. Korey will lead the national effort to expand the firm’s balance sheet financing products.

“We could not be happier to have Doug as part of our team,” said Brian Pollard, president of Lancaster Pollard. “He is a long-time industry veteran with over two decades of experience providing the entire stack of capital to the senior care space. In particular, his expertise in providing mezzanine debt and preferred equity is unparalleled.”

“His hire is part of our effort to broaden the balance sheet funding products of our finance company, initially to include construction and term financing, mezzanine and preferred equity products. These new products are wholly synergistic with those offered by our agency finance and investment banking companies, Lancaster Pollard Mortgage Co. and Lancaster Pollard & Co.,” Pollard added. “Our objective for over 26 years has been to position our company as a provider of comprehensive solutions to our clients and Doug’s addition will further strengthen our already capable team.”

Prior to joining Lancaster Pollard, Korey founded and served as the managing director of Contemporary Healthcare Capital, LLC. He currently is a member of the National Investment Center (NIC) Board and co-chairs the skilled nursing component of the NIC Capital & Business Strategies Forum Planning Committee.

Korey will be based out of New Jersey and may be contacted at [e-mail] or [phone]. For more information about Lancaster Pollard’s business expansion, contact Tyler Howard at [e-mail] or [phone].