Like healthcare real estate, senior housing has been on its own roller coaster since the pandemic began and it too has overcome the upheaval to head for better times. Fundamentals are improving and investment is giving this asset class a second and third look. The men and women who manage and cut deals in this sector have done an admirable job in not only surviving the worst of the pandemic, but also spotting the opportunities that have arisen in recent months. As always, we have selected the people who made a difference in this space over the past twelve months. We trust you will agree with us as you read their stories.

INDIVIDUALS

TONY CASSIE Tony Cassie approaches every complex senior housing project with tenacity and curiosity. Cassie has been a managing director at Walker & Dunlop for eight years and he is responsible for the sale and disposition of senior housing assets throughout the U.S. with a focus on the Western region. Cassie brings 16 years of brokerage advisory experience to the company and has closed more than 400 transactions totaling more than $1 billion in transaction volume throughout his career. His achievements last year contributed to Walker & Dunlop earning the Mortgage Bankers Association recognition as the nation's top multifamily lender in 2020; a year in which the firm closed nearly $600 million in skilled nursing, healthcare and senior housing transactions. Thanks to his diverse professional background, Cassie has a deep understanding of how to streamline operations, advise on strategy and management and implement technology within the healthcare and senior housing industry. Before joining Walker & Dunlop, he worked as first VP at Marcus & Millichap, where he served as a top agent in the Portland office every year. Despite the challenges presented by COVID-19, Cassie and his team at Walker & Dunlop were able to complete a large number of sales and debt assignments during 2020. His team's primary goal was to support owners and operators, help preserve safety protocols and ensure that facilities remained open and productive. Cassie is a member of the National Investment Center for Seniors Housing and he sits on the executive board of the American Seniors Housing Association.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.