January 7, 2020
GLEN ELLYN, IL–Senior Living Investment Brokerage (SLIB), a leader in the seniors housing transaction market has announced that Steve Gilleland has joined the firm in the role of Chief Development Officer effective January 1, 2020.
In this role, Steve will not only focus on business development and client outreach but will also participate in company strategic planning and other business initiatives. His long-standing, active role in the long-term care and seniors housing sector will only enhance SLIB’s prominent position in the investment sales arena.
Upon restructuring on January 1, 2019, SLIB has embarked upon several new initiatives which have helped the company increase its total number of transactions almost 40% to over 60 in 2019.
“Steve’s long-standing relationship with SLIB goes back almost to the company’s creation in 1997, and over that time he has been a trusted voice and friend,” said SLIB Principal & Managing Director Jeff Binder. “His involvement with SLIB is met with great enthusiasm, and we are excited about what this relationship will bring to both parties.”
Gilleland previously served as Managing Director and head of the Healthcare Finance Group at CapitalSource for 16 years. He was responsible for leading the Healthcare team in developing financing opportunities for the long-term care and senior housing industry, directing origination efforts and the initial structuring of transactions, as well as managing all closings for the group.
Gilleland has 25 years of healthcare real estate experience–specifically in the long-term care and senior housing industry–from a lending and operations perspective.
Prior to joining CapitalSource, Gilleland was Vice President of Business Development for Centennial Healthcare where he executed numerous long-term care and home healthcare transactions for five years. He previously had served as Director of Marketing for Healthcare Capital Finance/PRN Mortgage Capital where he originated and closed long-term care mortgage financings, and as a manager and senior accountant with the accounting firms of Price Waterhouse and Bennett/Thrasher.