President and CEO, Elmcroft Senior Living (formerly Senior Care, Inc.)
Pat Mulloy, President and CEO, Elmcroft Senior Living (formerly Senior Care, Inc.). Mr. Mulloy has led three successful senior housing companies in his career. In 2005, Mr. Mulloy and his partner, Tim Wesley, joined with Canadian senior housing investors, Barry Reichmann and Manfred Walt, to create Senior Care, Inc. That process involved acquiring and integrating four different senior housing companies. Senior Care, Inc. closed its capital structure in a lease transaction with Ventas, Inc. in November 2006. The company is headquartered in Kentucky and operates in twenty states.
In 2000, Mr. Mulloy was recruited by Morgan Stanley Capital Partners to lead their venture backed senior housing company, LifeTrust America, Inc. In late 2004, Mr. Mulloy led the effort to sell and merge LifeTrust into Five Star Quality Care, Inc., a large national, publicly traded provider of senior housing services.
From 1996 through early 2000, Mr. Mulloy served as President and Chief Executive Officer of Atria Senior Living, Inc., a large national provider of retirement, assisted living and dementia care services. Mr. Mulloy led Atria as both a private and public entity and led the successful sale of Atria to Lazard Freres Real Estate Investments.
Prior to 1996, Mr. Mulloy practiced law for nearly 20 years and also served as Secretary of Finance to the Governor of Kentucky. Mr. Mulloy holds undergraduate and law degrees from Vanderbilt University and is licensed to practice law in New York and Kentucky. Mr. Mulloy currently serves as a member of the board of directors of the ALFA and is Vice Chair of the NIC Owner Operator Advisory Board. Mr. Mulloy has served as an officer of the American Senior Housing Association. He also is currently the Chairman of the Vanderbilt University Law School Board of Advisors and Chairman of the Board of Trustees of Bellarmine University.