ATLANTA, GA - - Atlanta-headquartered ARA, the largest privately-held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, announces the expansion of its Seniors Housing brokerage services with offices in Irvine, California and Tampa, Florida. This expansion further solidifies the company’s national market coverage that spans 42 states from California to Massachusetts providing ARA’s clients with coast-to-coast market expertise.
Seasoned seniors housing professional Daryl McCombs joins ARA in Tampa, Florida with 19 years of seniors housing experience. He has been involved in the acquisition, development or financing of more than $2 billion in seniors housing and healthcare properties. Daryl was previously at Red Capital Group where he originated seniors housing and long term care loans. Daryl also led the origination of new business development activities for CNL Retirement Corporation which became the nation’s largest public, non-traded seniors housing REIT prior to its acquisition by HCP, Inc. Active in various industry organizations, he serves on the Executive Planning Committee for NIC’s Skilled Nursing Investment Forum.
“Daryl brings a wealth of experience to ARA Seniors including acquisition and development, investment banking and commercial loans” says co-managing partner and founder Charley Bissell. “We are pleased to have him on the team.”
The Seniors office in Irvine, California will be led by long-time ARA partner Jeff Patterson. Since joining ARA In 2003, Jeff has brokered over $1.5 billion in multi-housing transactions. Jeff has contributed to ARA’s success and national expansion in Texas, California, Oregon and Washington.
Jeff and Daryl complement the expertise provided by the founders of ARA’s Seniors Housing group Charley Bissell, Jeff Pritchard and Brian O’Boyle. Both will focus on business development and client services across the United States. According to ARA Seniors Housing co-managing partner and founder Jeff Pritchard, “We have been planning this expansion for many months. Having offices spanning the nation will allow us to more readily service our clients’ needs.“
To schedule an interview with an ARA executive regarding this transaction or for more information about ARA, nationally please contact Lisa Robinson at lrobinson@ARAusa.com, 678.553.9360 or Amy Morris at amorris@ARAusa.com, 678.553.9366; locally, Jeff Pritchard at Pritchard@ARAusa.com or 703.575.2160.
About ARA
Atlanta-headquartered ARA is the largest privately-held, full-service investment advisory firm in the nation that focuses exclusively on the brokerage, financing and capital sourcing of multihousing properties including conventional, affordable, distressed assets, notes sales, seniors, student & manufactured housing and multihousing land. ARA is comprised of the country’s top investment professionals who leverage a unique and fully integrated cooperative business platform of shared information, relationships and technology driven solutions. ARA’s unified enterprise approach ensures that clients are delivered the broadest asset exposure, effective matching of buyers and sellers, and the shortest transaction timeframes in the industry. The combination of resources, unparalleled market expertise and nationwide presence in the multihousing marketplace has resulted in average annual production volume of $5.4 billion in real estate transactions since 2004. For detailed information on ARA’s extensive multihousing investment services, visit www.arausa.com