Kai was previously Senior Managing Director - Senior Housing Properties at HCP Inc. (NYSE: HCP) a fully integrated real estate investment trust (REIT) that invests primarily in real estate serving the healthcare industry.
Prior to HCP, Kai served as President and Chief Executive Officer of Holiday Retirement, the second largest senior housing operator in the United States, growing the company’s occupancy, NOI and EBITDA through organic growth and acquisitions, recapitalizing the company through triple net and third-party management transactions, and centralizing operationally intensive functions. During his tenure at Holiday, Kai held several leadership positions, including overseeing operations, field support functions, acquisitions and new business strategy. Previous to Holiday, Kai worked at Macerich (NYSE: MAC), a retail REIT, where he worked in operations, marketing, and both ground up developments and redevelopments. And prior to Macerich, Kai worked at world-renown spa resort, Canyon Ranch, where he focused on new hospitality and real estate developments.
Kai serves as a member on the Argentum (previously known as the Assisted Living Federation of America, ALFA) Board of Directors, is on the Executive Board of the American Seniors Housing Association (ASHA) and was recently appointed to the NIC Board of Directors. He graduated with a Bachelor of Arts in Communications from the University of Arizona.
Eclipse Senior Living is a national 3rd party manager of Independent, Assisted and Memory Care communities across the United States under various brands, including Elmcroft and Embark.