Shashank Goel / PR Newswire
Georgia-based real estate firm Landmark Properties has appointed Indian American industry veteran Shashank Goel to lead the company’s move into senior housing.
Goel, appointed as senior director of U.S. senior housing investment management, will lead the company’s ground-up development and acquisition opportunities through partnerships. He will leverage the company’s standing as a full-service investment management firm delivering lifestyle-focused communities, aiming to provide an “unparalleled living experience for residents across its senior housing portfolio.”
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Holding dual bachelor’s degrees in finance and accounting from the University of Maryland, College Park, Goel joined Landmark with more than a decade of experience in the senior housing sector.
Before joining Landmark, he was involved in sourcing, underwriting, structuring and executing senior housing investments at Harrison Street. He has also held asset management roles at The Carlyle Group and served as an investment banking professional at CS Capital Advisors.
Discussing the company’s expansion, Walt Templin, president and chief investment officer of Landmark Properties, said in a statement, “This dynamic creates a compelling entry point for Landmark to leverage its vertically integrated platform and expand its high-quality residential communities into the senior housing sector.”
He added, “Bringing on experienced leadership like Shashank Goel reinforces our disciplined approach as we build a scalable senior housing investment platform.”
Reacting to his appointment, Goel said, “Senior housing investors have a diverse set of investment opportunities across the risk spectrum set against the backdrop of one of the most compelling fundamental stories in the real estate sector.”
He added, “Landmark’s full-service investment platform strongly positions the firm to build a differentiated strategy. I am excited to join the team and help establish a long-term presence in the sector.”
Landmark Properties is a real estate company specializing in the acquisition, development and management of residential communities. The firm manages more than $15 billion in assets and oversees more than 115 residential communities across the United States, with a total of 74,000 beds under management.
The company also maintains a strong development pipeline, with more than 50 student housing and multifamily projects under construction or planned, representing an estimated value of more than $10 billion.
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