LOS ANGELES—Kevin Kaseff, president of Titan Real Estate Investment Group, Inc. says the company has just hired industry expert Doug Allen, who joins as and head of acquisitions in Titan's senior housing division, Titan/SenQuest.

That division is focused on the acquisition and management of independent and assisted living communities nationwide.

“We are pleased to welcome Doug to the Titan/SenQuest executive team,” said Kaseff. “His extensive expertise, experience, and demonstrated successful performance in the senior housing sector make Doug a valuable partner for our company as we enter a period of accelerated growth,” he added.

Allen will be responsible for growing Titan/SenQuest's portfolio of senior housing facilities nationwide, Allen will oversee acquisition strategies including those in need of repositioning and improved inefficiencies. Titan/SenQuest will focus primarily on Independent and Assisted Living Communities.

“We expect to reach approximately $100 million in property acquisitions this year that will help us realize our investment philosophy, that senior housing is more than a business,” said Allen. “I passionately believe that appropriate residential solutions are the way to ensure that our parents and grandparents retain a comfortable lifestyle of independence and dignity. Our facilities support such lifestyles through sensitive management, solid infrastructure, expanded community and active social lives for our senior tenants,” he added.

Prior to joining SenQuest, Mr. Allen handled acquisitions with Holiday Retirement, Inc. where he was responsible for growing the company through targeted acquisitions, mergers and third-party management opportunities in the senior housing sector.

 

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.