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Jack McCarthy Appointed to Senior Staff

by Press Release
November 18, 2018

Solvere Living Appoints Holliston Resident to Senior Staff

Jack McCarthy is Executive Vice President and Brings Decades of Experience

St. Petersburg, Florida, Nov. 14, 2018: Solvere Living has expanded its senior staff to support its continued growth and new contracts. The operations division of St. Petersburg, Florida-based Solutions Advisors Group (SAG), Solvere Living has appointed Jack McCarthy as Executive Vice President, who brings decades of experience in senior living. Working in the industry for 23 years, McCarthy is responsible for leading efforts to strategically grow the Solvere Living operating platform to balance third party management, as well as to oversee equity earn-in and acquisition opportunities. He leads the process for identifying and fully vetting potential acquisitions of senior housing properties, as well as uncovering, negotiating and closing strategic equity and debt partnerships. McCarthy is also in charge of assembling a Solvere Living Board of Directors, as well as participating in the executive and leadership teams for Solutions Advisors Group. He is based in the St. Petersburg office.

McCarthy served as Senior Vice President of Sales and Marketing and Chief Operating Officer for Benchmark Assisted Living from 2000 to 2010. He led company growth from a start-up to 44 communities in seven states, and developed a sales and operating team that became among the most innovative, effective and successful in the industry. In 2010 he founded Revenue Leverage, LLC, a senior housing consulting firm focusing on working with owners and investors to diagnosis and correct underperforming assets. In 2014 he served as Senior Vice President of Senior Housing Real Estate for WMD Asset Management, LLC.

McCarthy has been an Executive Committee Board Member of Massachusetts Argentum, which is the state affiliate of national Argentum; an Executive Roundtable member of Argentum; national speaker at ASHA, NIC and Argentum; moderator and trainer for Massachusetts Argentum and National Argentum and on the faculty for The Erickson School for Senior Housing Operations at the University of Maryland, Baltimore County. He resides in Holliston, Massachusetts.

“We are very pleased and excited to have the best and brightest in the senior living industry now on our Solutions Advisors Group team,” said SAG CEO and President Kristin Ward. “Jack McCarthy’s experience, in-depth knowledge and commitment will help us better serve our clients, associates and ultimately community residents as we continue to expand.”

Solvere Living has recently been contracted to operate six additional senior living communities, an under-construction community in Tampa, Florida, an existing community in Baltimore, Maryland and four existing communities in Texas. The division currently operates 12 communities in seven states, including Florida, New York, New Jersey, Texas, Maryland, Virginia and Oklahoma.

For more information about Jack McCarthy, Solvere Living, and Solutions Advisors Group, please contact Scott McCaskey of Goldman & Associates Public Relations at: scott@goldmanandassociates.com or 757-625-2518, ext. 3.

 

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Comments (2)

Well Deserved. Congratulations Jack!

- Dave Dubinn | 11/19/18 12:48 PM

Congratulations! They are most fortunate to have you!

- James Barry | 11/19/18 11:26 AM

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