About Us:

Wayne Kaplan

 

Mr. Kaplan has over 25 years of extensive experience in senior housing.  He has spent most of that time as Vice Chairman and Senior Executive Vice President of Kapson Senior Quarters Corp. (later called Atria), an assisted living and seniors' housing provider, which went from being a small privately held business to a public company subsequently bought out by a Wall Street investment bank and then taken private again. Wayne was instrumental in building, operating, and swiftly growing the diversified Kapson business into a pioneering, tight niche, profitable entity with 15 locations, 1,000 employees, $73 million in annual revenue, and an industry-wide reputation for quality and the creation of best practices.

Within only 11 years, Wayne helped drive the business from inception to a $35.5 million IPO and then managed a "going private" transaction. He was retained by the new ownership (Lazard) and thrived in the post-IPO transformation to a structured corporate environment. Later, he joined a leading law firm (Ruskin Moscou Faltischek, PC), building and managing one of the country's most comprehensive seniors' housing practices.

Mr. Kaplan currently also owns the 80th Street Residence, which is a 70-bed licensed assisted living facility located on the Upper East Side of Manhattan and is 100% dedicated to residents with Alzheimer's Disease and other dementias. Along with Mr. Borsody, he also owns the “Hampshire House” in upstate New York.

Mr. Kaplan was appointed by the Governor of New York to the New York State Life Care (Continuing Care Retirement) Community Council, and sits on the Board of Directors and is Chairman of the Legal Committee of the Empire State Association of Assisted Living.

Mr. Kaplan also sat on the Board of Directors of the American Seniors Housing Association (ASHA), the Assisted Living Federation of America (ALFA), and was a founding Board Member of both the Connecticut Assisted Living Association (CALA) and the New Jersey Assisted Living Association (NJALA).

Mr. Kaplan was appointed to the New York State 1995 Governor’s Conference on Aging by the New York State Office for the Aging to develop New York State’s platform the 1995 White House Conference on Aging. Mr. Kaplan has also been appointed as a receiver by the N.Y.S. Supreme Court for an unaffiliated third party's assisted living facility in a mortgage foreclosure action, and has been a featured speaker at international, national, regional and local senior housing forums, including the United Nations International Conference on Urban Senior Housing, The New York State Bar Association, the Assisted Living Federation of America, the National Association of Senior Living Industries, the Connecticut Assisted Living Association, the City Club of New York, the International Association of Corporate Real Estate Executives (NACORE), on the WABC TV show in New York City entitled Seniors, and on the WLIE Talk Radio show - "Seniors on the Move."

In addition, Mr. Kaplan has been featured in and written articles for numerous publications, including The New York Times, Newsday, the New York Law Journal-Long Island edition, the New York Real Estate Journal, Provider Magazine, Assisted Living Today, Spectrum Magazine, and Multi-Housing News.

 

Key Transactions & Contracts

 
  • $60 million convertible exchangeable preferred stock.

  • $50 million variable rate line of credit to finance M&A and other corporate growth
  • initiatives.

  • $13.6 million NJ Economic Development Authority Elder Care Facility Revenue Bonds.

  • $12.7 million Delaware County (PA) Industrial Development Authority Elder Care Facility Revenue Bonds.

  • $11.8 million taxable variable rate financing for development of 120-unit on-campus assisted living facility in a joint venture with Muhlenberg Hospital Center in Pennsylvania.

  • $21 million financing of the 80th Street Residence in N.Y.C. with Health Care REIT
 
 
  For More Information: (212) 841-0566
© 2008 Premier Senior Living Group, LLC