senior lifestyle associates | doug gass named executive vice president
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Senior Lifestyle Associates Names Douglas F. Gass Executive Vice President
Veteran Capital Markets Executive to Provide Banking Expertise for Senior Housing Acquisitions
Miami, FL – October 14, 2015 – MarketWired – Senior Lifestyle Associates, Inc., a privately held Delaware corporation, announced to today that Douglas F. Gass has joined SLA as Executive Vice President. Senior Lifestyle Associates is an emerging growth company engaged in the acquisition and management of a broad spectrum of senior living facilities on a national basis.
Mr. Gass brings to Senior Lifestyle over 25 years of capital markets experience including institutional sales, investment banking and corporate finance. Prior to SLA, Mr. Gass was the Managing Director of the Aeon Family of Funds which provides accredited individual and qualified investment groups access to pre-publicly traded and other emerging valuable alternative investments. Prior to Aeon, Mr. Gass was Chairman of Flow Funds, Inc., an incubator of emerging growth companies in the South Florida area. In 1990, Mr. Gass co-founded M.S. Farrell & Company, a prominent Wall Street-based regional investment bank and broker-dealer which grew to over 350 employees and over $1 billion in assets under management and was sold to a publicly traded regional brokerage firm in 2001. Mr. Gass served as the Managing Director of Investment Banking.
“Doug is a great addition to the team,” noted Alfonso J. Cervantes, CEO of Senior Lifestyle. “Senior living is a rapidly increasing industry with unpreceded demand for senior housing due to an explosive demographic driven by the ‘graying of America’ and Doug’s banking experience will provide substantial resources to the group as we execute our national consolidation strategy.”
“I’m very honored to be joining the Senior Lifestyle Associates team,” said Mr. Gass, “The senior living sector represents a high growth opportunity and I’m excited to join this company in its early stages of development. A.J., the management team and principals of SLA have a proven track record of creating successful companies and it is our intention drive SLA to national prominence.”
About Senior Lifestyle Associates
Senior Lifestyle Associates, Inc. is a privately held Delaware corporation engaged in the acquisition and management of a broad spectrum of senior living facilities throughout the United States. The principal shareholders of SLA are Trilogy Capital Group, LLC and Aeon Partners, Inc. Management intends to capitalize on the massive demographic shift underway in the United States which will see the older population from its current 40 million to 70 million people by 2030 when more than 20% of the U.S. population will be over the age of 65 resulting in unprecedented demand for senior housing. Senior living represents a combination of real estate and professional care with high-quality housing and nursing care facilities offering a wide range of alternatives from choice-based options such as independent living in early retirement to needs-based facilities including assisted living and skilled nursing as care requirements increase SLA management believes the explosive growth of the senior living industry will continue, notwithstanding whatever macroeconomic trends prevail, with the industry proving exceptionally resilient through economic downturns. For additional information, please visit www.seniorlifestyleassociates.com.
Contact
Senior Lifestyle Associates, Inc. Alfonso J. CervantesChief Executive Officer [email protected] (O) 786.749.1221