February 17, 2017
ATLANTA–Cliff Stanfield, Principal, announces the formation of Braemar Partners LLC, a premier full-service senior living consulting and fee development company providing program management, acquisition, and investment services nationwide.
Stanfield is a proven construction and development professional with more than 19 years of expertise in multiple real estate asset classes. Prior to founding Braemar Partners, Stanfield was the Vice President of Project Development for a national senior living developer, Formation Development Group. During his ten years with Formation, he was actively involved in the development of over fourteen Senior Living communities totaling almost 2,000 new units with an aggregate value of over $500 million.
In addition to development of ground up new construction product, Stanfield is also an expert in identifying and evaluating value-add opportunities associated with the repositioning of existing product. In this capacity, he has helped facilitate the acquisition and redevelopment of over 579 units of Senior Housing.
“When we made the decision to create Braemar Partners, we decided it was critical that every decision be based on constantly challenging the senior living marketplace, never settling for status quo, always protecting the future of our residents, their families, and our investors. We feel strongly that it’s time to disrupt the senior living industry and challenge how we help develop a new quality of life for our seniors as well as the local communities that we partner with across the country,” said Principal Cliff Stanfield.