Phillip Anderson Joins Cushman & Wakefield Sonnenblick Goldman's Senior Housing/Healthcare Practice

9 Jun, 2011, New York

Cushman & Wakefield Sonnenblick Goldman (CWSG) today announced that Phillip M. Anderson has joined the firm as Senior Managing Director of its newly formed Senior Housing/Healthcare Practice. Mr. Anderson will co-head the practice in the U.S. together with Richard Swartz, executive vice president and principal of CWSG, combining the firm's robust capital markets platform with Mr. Anderson's senior housing and healthcare expertise. The combined offering is designed to fulfill a growing need for multiple service solutions including debt and equity placements, investment sales, and advisory services in this rapidly growing specialty sector.

"We are extremely pleased to have attracted the extraordinary talent and expertise that Phil brings to the table for our clients," said Gregory Vorwaller, executive vice president and global head of Cushman & Wakefield's Capital Markets group which will oversee the Senior Housing/Healthcare Practice in the U.S. "Given the demographics in the sector, we see a significant amount of growth and opportunity ahead for owners and investors alike and we are delighted to meet the growing demand for fully integrated solutions."

"Phil's appointment enhances our ability to provide advanced sector knowledge, combined with our existing capital markets expertise, to our clients," added Steven Kohn, President and Principal of CWSG. "He is among the highest echelon of senior housing and healthcare executives in the industry and we are delighted to add Phil to our senior professional team."

Mr. Anderson draws on more than 25 years of leadership experience. From 1999 through 2006, he served as Chief Operating Officer and Executive Vice President of CNL Retirement Properties, Inc., a real estate investment trust (REIT) focused on senior housing properties and medical facilities. In 2006, CNL Retirement Properties was sold to Health Care Property Investors in a $5.3 billion transaction. At the time of the sale, CNL Retirement owned more than 270 properties and employed over 75 associates.

In 2006, Mr. Anderson founded The Genova Company to pursue advisory services and other investments, which included advising a $100 billion global bank on U.S. investments. Prior to joining CNL, Mr. Anderson worked with Hyatt Hotels and the Pritzker family from 1985 until 1998 where as senior vice president of development and acquisition for Classic Residence by Hyatt, he oversaw the development and acquisition of upscale seniors' housing facilities, including over $300 million of new development.

Mr. Anderson has been a member of the American Senior Housing Association since 1994. In addition, he has served as a member of the board of directors of the National Investment Center for the Seniors Housing and Care Industries (NIC) and as a board member to Westminster Retirement Communities, a not-for-profit operator of continuing care retirement communities.

Mr. Anderson is a graduate of Georgia Institute of Technology holding a B.S. with honors in Civil Engineering.

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