One of the nation’s largest groups of finance professionals dedicated to the senior living sector, Lancaster Pollard specializes in expansion, renovation and new construction financing as well as debt refinancing so senior living organizations can expand and improve their services. The firm has offices nationwide and offers a full range of investment banking, mortgage banking and investment advisory services.
Lancaster Pollard Mortgage Company, a division of ORIX Real Estate Capital, just closed on a HUD construction loan for a to-be-built skilled nursing facility in Oceanside, California. Featuring 120 beds in 62 units, the project is already underway by a partnership between RangeComm Development and Providence Group, along with the... Read more
ORIX Real Estate Capital has announced that Aaron Becker will lead the combined company’s (including Lancaster Pollard, RED Capital Group and Hunt Real Estate Capital) production efforts for the Seniors Housing & Healthcare team. Based in the firm’s Philadelphia office, Mr. Becker will also lead the East Coast... Read more
Lancaster Pollard secured two Fannie Mae financings for senior living clients across the country. The first was an $11 million fixed-rate loan provided to a senior living community in Dover, Pennsylvania (York County). Featuring a mix of independent living, assisted living and memory care services, the one-story community... Read more
Giza Development successfully refinanced its new 45-unit/bed memory care community in McMinnville, Oregon (45 miles south of Portland), with the help of Ross Holland of Lancaster Pollard. Managed by Senior Development Resources, the community is located across the street from McMinnville’s full-service hospital and between two medical office... Read more
It’s been quite a lucrative relationship between Lancaster Pollard and California-based skilled nursing operator, Plum Healthcare Group. About 18 months ago, Grant Goodman, Jason Dopoulos, Joe Munhall and Elliot Kaple secured $400 million in bridge financing from Credit Suisse on 27 skilled nursing facilities in California owned by... Read more
Brian Pollard co-founded the three companies that comprise Lancaster Pollard: Lancaster Pollard & Co., Lancaster Pollard Mortgage Company and Lancaster Pollard Investment Advisory Group. He currently serves as President/CEO of Lancaster Pollard Mortgage Company and as senior managing director of Lancaster Pollard & Co.
Brian has spent over 20 years providing financial guidance and capital funding to health care, senior living, and affordable housing providers. His experience includes the structuring of more than 150 debt transactions totaling over $2 billion of principal amount using a wide variety of structures, including public and private offerings of notes and bonds, government agency programs and proprietary loan products. Prior to co-founding Lancaster Pollard, Brian was with the Capital Markets Group of Bank One, Columbus. He currently serves on the Senior Living Business Interactive Editorial Advisory Board.
Brian received a bachelor’s degree in finance from the University of Kentucky. He is a regular speaker at national conferences on investment and mortgage banking topics for the health care, senior living, and affordable housing sectors.
Contact Information Lancaster Pollard & Co. 65 E. State St. 16th Floor Columbus, OH 43215 Phone Number: 614-224-8800 Fax Number: 614-224-8805
Ryan Miles is a vice president with Lancaster Pollard, a financial services firm based in Columbus, Ohio, that specializes in providing capital funding to the health care, senior living and affordable housing sectors. In addition to underwriting tax-exempt and taxable bond offerings, Lancaster Pollard provides organizations a complete range of funding options through its Fannie Mae/FHA/GNMA/USDA-approved mortgage lender subsidiary. Ryan has accrued a decade of experience in multifamily-rental-housing finance industry, including credit analysis, valuation and underwriting.
After beginning his career in residential mortgage lending, Ryan worked in the underwriting department of a low income housing tax credit (LIHTC) equity syndicator then started at Lancaster Pollard in early 2006. Since joining the firm, he has been exposed to a wide variety of financing structures and he currently manages the career development of Lancaster Pollard’s associate pool and plays an active role in the firm’s internal educational training program.
Ryan received a bachelor’s degree in finance from Wright State University in Dayton, Ohio. He holds general securities and investment banking representative licenses (Series 7 and 79) and has been approved by HUD to underwrite both MAP, LEAN and LIHTC Pilot transactions. Ryan also serves as underwriter for USDA Section 538, Fannie Mae Multifamily Affordable Housing and Fannie Mae Senior Living transactions.
Douglas Korey is the president of Lancaster Pollard Finance Co., LLC, a finance company that offers balance sheet lending and investing to the seniors housing and health care industries. Korey joined Lancaster Pollard in 2014 as part of the fi rm’s business expansion to further its ability to provide comprehensive solutions to its clients. As president, Korey will lead the national effort to provide senior mortgage, construction, mezzanine and bridge loans, as well as preferred equity fi nancing and A/R fi nancing to small- and middle-market health care clients. These products are wholly synergistic with the fi rm’s agency fi nance and investment banking companies, Lancaster Pollard Mortgage Co. and Lancaster Pollard & Co. Prior to joining Lancaster Pollard, Korey was a co-founder, partner and managing director of Contemporary Healthcare Capital, LLC. There he was responsible for the day-to-day management and oversight of all activities, including the formation and management of seven health care funds and three licensed small business investment companies. He has over 25 years of structured fi nance experience and has fi nanced over $1 billion of debt and equity to the senior housing and long-term care industry throughout his career. Prior to forming Contemporary Healthcare Capital (formerly Ziegler Healthcare Capital), Korey was president of Dynex Healthcare, Inc., a balance sheet lender of senior mortgage and mezzanine fi nancing to the senior housing and long-term care industry. Prior to that, he formed the fi rst long-term care mezzanine fund in the country at Ziegler Capital Company. In addition, Korey is a member of the Board of Directors for the National Investment Center for Seniors Housing and Care (NIC) and is the co-chair of the NIC’s skilled nursing component of the NIC Capital & Business Strategies Forum Planning Committee.
Nicholas Gesue is the chief executive officer of Lancaster Pollard. Over the last decade, Nick was instrumental in the development of Lancaster Pollard’s mortgage lending platform. In his previous tenure as the chief credit officer, he played a key role in implementing the firm’s private equity fund and balance sheet lending operations. He has also served as an executive committee member and has been involved in Lancaster Pollard’s strategic planning and implementation efforts for nearly four years. His accomplishments include successfully underwriting more than 350 transactions totaling more than $3 billion in loan volume.
Nick received his bachelor’s degree in economics from Denison University in Granville, Ohio. He is a member of the Executive Committee on Healthcare Financing, a coalition of mortgage and investment bankers, financial advisors and law firms based in Washington, D.C.