Landmark Properties Enters Seniors Housing Sector
ATHENS, Ga. — Landmark Properties, a real estate firm that develops, constructs, invests in, acquires and operates residential communities, has announced its expansion into the seniors housing sector.
“Seniors housing sits at an attractive inflection point, having made a meaningful recovery from a unique black swan event and now exhibiting a pronounced supply-demand imbalance,” says Walt Templin, president and chief investment officer of Landmark. “This dynamic creates a compelling entry point for Landmark to leverage its vertically integrated platform.”
Landmark has appointed Shashank Goel to lead the company’s entry into seniors housing. Goel will serve as senior director of U.S. seniors housing investment management. Goel, who has more than 10 years of experience in seniors housing, most recently served as assistant vice president at Harrison Street.
“Seniors housing investors have a diverse set of investment opportunities across the risk spectrum set against the backdrop of one of the most compelling fundamental stories in the real estate sector,” says Goel. “Landmark’s full-service investment platform strongly positions the firm to build a differentiated strategy.”
Athens-based Landmark plans to pursue both ground-up development and acquisition opportunities.
The post Landmark Properties Enters Seniors Housing Sector appeared first on Seniors Housing Business.
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