Flatiron Development Group
Paul has developed senior housing projects valued at over $600 million. He has acquired and developed over 3500 residential beds in over 35 assisted living, memory care and skilled nursing properties. He currently has several communities under development throughout the United States. Paul’s development efforts led to one of the industry’s 1st RIDEA partnerships in 2011 resulting in a $298M joint venture. In 2018, Paul’s team supported the establishment of a $45M private equity partnership. Paul led the newly formed real estate subsidiary sourcing several new opportunities for the partnership’s investment. Paul’s experience covers complex “turnaround” transactions, ground-up development, stabilized core assets and JV partnerships with development and financial firms. His success can be attributed to his ability to identify, build and manage relationships with seniors housing operators, health systems, real estate developers and financial institutions that contribute to the growth of our health care real estate portfolio. Paul received his B.A. in Political Science from UC Santa Barbara and his MBA focused on Real Estate Finance from the USC Marshall School of Business, where he was the President of his Class. Paul is an active member of several not for profit and community service organizations including ARGENTUM’s Workforce Development Committee, National Investment Center for Senior Housing Future Leaders Council and University of Wisconsin CHAASE Board.