Press Room - 2009 NIC Press Releases
NIC Board of Directors Elects Officers, Four New Members
NIC Also Announces New Mission Statement
FOR IMMEDIATE RELEASE: October 15, 2009
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com
Annapolis, Md. - The Board of Directors for the National Investment Center for the Seniors Housing &
Care Industry (NIC) has announced its new slate of officers for the 2009-10 term, as well as four individuals
who were elected to serve as new board members. In addition, the board approved a revised mission statement
for NIC.
The new officers include Kevin McMeen, president-real estate, MidCap Financial LLC,
as board chair, and Randy Richardson, president, Classic Residence by Hyatt, as vice
chair. Rounding out the slate are George V. Hager, Jr., chairman and CEO, Genesis HealthCare
Corp., in the role of treasurer and Brad Razook, president and managing director, CS
Capital Advisors, as secretary.
The four new members elected to the NIC Board of Directors are: Dan Biron, senior vice
president - national director of healthcare programs, Lancaster Pollard; Tim Fox, executive
vice president, Senior Resource Group; Gray Hampton, III, managing director, Bank of
America Merrill Lynch; and Mitchell Kiffe, VP multifamily production and sales, Freddie
Mac. Each will serve through 2012.
The board also voted to modify NIC's mission statement to emphasize the importance of the quality of
seniors housing and care.
The new NIC mission statement is: "To advance the quality of seniors housing and care by facilitating
informed investment decisions through best-in-class data, research, networking events and professional
education."
"At its core, the seniors housing and care business is about enhancing the quality of life for seniors,"
said Robert G. Kramer, president of NIC, who led the change in the organization's mission. "The success
of our industry comes down to consumers' experiences. The more positive those experiences, the more
positive the industry image becomes, more consumers move into our communities, and more capital flows
into the industry as a result. We're proud that our data and services play an important role in providing
transparency for operators and financiers to offer better products, better care and enhanced experiences
for residents."
About NIC
Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry is a nonprofit
education and research organization providing information about business strategy and capital formation
for the senior living industry. NIC is the leading provider of historical and trend data on the industry
through its NIC MAP® Data and Analysis Service that tracks properties in the 100 largest metropolitan
areas and its Key Financial Indicators™ (KFIs) that report nationwide statistics. Proceeds from
its annual conference and other events are used to fund data and research on issues of importance to
lenders, investors, developers, operators, and others interested in meeting the housing and care needs
of America's seniors. For more information, visit www.NIC.org or call
(410) 267-0504.
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