While no corner of the real estate universe has been left untouched by the recent pandemic, seniors housing might be one of the most affected.
Join us as we dig deeper into how seniors housing is changing as owners become proactive, creative and nimble to anticipate the evolving demands within this space.
Clara Wineberg is a Principal with over 25 years of experience in professional practice and is the Executive Director of the firm’s Boston office. As the Managing Principal and team leader for several of SCB’s significant and award winning urban mixed-use projects, Clara consistently delivers projects that exceed goals by embracing opportunities for design and performance. She is a seasoned counsel to clients with an understanding of risk and the ability to provide guidance in difficult design and technical scenarios. Clara is a leader of the SCB’s Residential Research & Development group, working to constantly expand the firm’s market knowledge and vision for the future of the urban residential experience. Clara has been actively engaged in the firm’s expanding practice on the east coast and in Texas. In Philadelphia, Clara is the Managing Principal on The Laurel, a signature luxury mixed-use condominium project on historic Rittenhouse Square. She has also managed eight large-scale high rise projects in Texas including most recently the Northshore project, a one million square-foot mixed-use residential, office, and retail development in Austin. Clara holds a Bachelor and Master of Architecture from Tulane University and is a member of the American Institute of Architects (AIA). She serves on the Urban Land Institute‘s (ULI) National Student Housing Product Council, ULI Boston’s Market Council, the Greater Boston Real Estate Board, the Advisory Board of the Chicago’s Women’s Leadership Initiative, and the Board of Advisors for the School of Architecture at Tulane University.
Jay Wagner Executive Managing Director Jay is an Executive Managing Director and co-head of Cushman & Wakefield’s Senior Housing Capital Markets Group, a practice within Cushman's Equity Debt & Structured Finance platform. Mr. Wagner joined the company in 2007 and is responsible for Senior Housing related Capital Markets activities including, investment sales, equity joint ventures, and debt financings. Prior to Cushman & Wakefield, Mr. Wagner served as a Vice President at Boston-based Pappas Enterprises, Inc., a commercial and residential developer, where he was responsible for acquisitions as well as all corporate and real estate related financing activities. Prior to Pappas, he served as a Director with CIBC World Markets’ New York based Structured Finance and Leveraged Finance teams, where he worked in an advisory capacity helping to develop capital markets strategies with the firm’s large corporate and public sector clients in North America, Europe and Asia. Over his career Jay has overseen over 300 transactions, representing over $18.0 billion of investments/financings. Mr. Wagner holds a Bachelor’s degree in Economics from Columbia University. He is a member of the Urban Land Institute and sits on the Lifestyle Residential Development Council - +55 and on the Boston/New England Market Council. He is a Rising Leader with the American Senior Housing Association. Mr. Wagner serves on the Finance Committee as a Trustee for Hebrew Senior Life, the third largest non-profit system in Massachusetts. He resides in Newton, MA with his wife and four children.
Mr. Kronenberger is responsible for Blue Moon Capital Partner’s business development, seeking new relationships and investment opportunities for the firm. Chris is involved in all aspects of the day to day investment activity including acquisitions, development, dispositions and debt financing. Chris is also a member of Blue Moon’s Investment Committee and chairs the Valuation Committee. Previously, Chris spent eight years with PGIM Real Estate (formerly Prudential Real Estate Investors) in Atlanta, Georgia where he oversaw all of the underwriting and due diligence for new acquisitions and dispositions for their dedicated senior housing funds. In addition, Chris maintained joint venture partner relationships and had asset management responsibilities on a number of senior housing investments. Prior to joining PGIM Real Estate, Chris began his real estate career as an analyst for Brown Realty Advisors in Atlanta where he was involved in the analysis of over $600 million in multifamily sales. Early in his career, Chris served as a senior accountant with a start-up healthcare company in Alpharetta, Georgia. Chris is an alumni of the National Investment Center for Senior Housing and Care’s (NIC) Future Leaders Council. Chris has a bachelor’s degree in business administration from the University of Tennessee.
Michael’s knowledge of the senior housing industry spans 25 years, and his experience in real estate development and healthcare go back even further. A previous founder of Newton Senior Living, LLC, Michael helped rapidly grow the start-up into the nation’s 16th largest assisted living company before being sold in 2005. Prior to entering the senior housing industry, Michael oversaw operations for MB Management, a residential developer. There, he established new corporate investment and borrowing relationships and more than doubled their residential management portfolio. As the founder and CEO, Michael leads LCB’s strategic and financial operations, and more importantly he is a chief architect of the company’s vision and family driven culture. Since its founding in 2011, Michael has been at the forefront of LCB’s robust development and acquisition of over 25 senior living communities, with more on the horizon. His expertise and commitment to LCB’s associates and senior residents has made him uniquely qualified to drive the company to a level of success unparalleled in the industry. In his free time, Michael enjoys traveling with his wife and daughter (especially their time on Cape Cod) and devoting himself to personal causes and programs he feels passionately about. He’s been a driving force in creating women’s professional soccer leagues nationally, promotes creating professional interning opportunities for students at inner-city schools, and is ardent about finding a cure for Juvenile Diabetes.
Wendy Nowokunski is the co-founder and President of the Northbridge Companies. Over the past 30 years Wendy has established herself as a leader in senior living industry having been an integral part of the start-up and growth of several companies specializing in senior living. In her career, Wendy has overseen the development, acquisition, start-up and operations of over 80 communities including active adult, CCRCs, independent living, assisted living and memory care. As President of Northbridge, Wendy sets the overall vision and strategy for the company. A key component of which is building a culture of respect, compassion, and integrity through leading by example. Wendy was awarded the 2020 Women of Distinction Award by McKnight’s which recognizes influential women leaders in the senior housing field. Since Northbridge’s inception, Wendy has maintained a commitment to providing residents, their families and associates an engaging, healthy, fun and purposeful place to live and work. Today, Northbridge is proud to serve over 1,500 residents and their families throughout New England and to call over 1,500 associates family. Wendy serves on the Women in Leadership (WIL) committee of Argentum, the national trade organization for senior housing, on the Advisory Council for American Senior Housing Association (AHSA), the board of Mass-ALA and has been speaker for these organizations as well as Urban Land Institute (ULI), and MIT Center for Real Estate Professional Development Institute. Northbridge has been recognized by The Commonwealth Institute as being one of the top Women-Led Businesses in 2017,2018,2019, 2020 & 2021. Wendy is co-founder and board member of the One Angel Foundation, a non-profit organization dedicated to making a difference in underprivilege children’s lives worldwide by providing resources to stabilize housing, educational and health needs one community at a time