Stephen Nichols, head of senior housing division, Woodmont Properties, Fairfield, NJ
FAIRFIELD, NJ—Woodmont Properties, focusing on rising opportunity in the senior housing sector, has formed a new senior housing division and is naming veteran senior housing executive Stephen Nichols to lead the division.
Nichols, whose experience includes executive positions with Brightview and Atria Senior Living, will oversee strategy for the development and operations of Woodmont's senior communities, and will focus on walkable and transit-oriented markets that are well suited for the development of independent living, assisted living, memory care and active adult properties.
“As we continue to evolve and grow our portfolio, we believe there is great opportunity to meet the immense demand for high-quality senior housing options across New Jersey, New York and Pennsylvania,” says Eric Witmondt, chief executive officer of Woodmont Properties. “We're excited to take the experience we've gained through the creation of luxury apartment communities in some of the region's best transit towns and downtown neighborhoods and applying it to the development of world-class senior housing communities.”
“Woodmont has the experience and resources to build several types of senior housing products, and I'm thrilled to be given the opportunity to lead this exciting effort,” says Nichols. “We are already targeting multiple towns that could benefit from senior housing development, and I'll be focused on executing on Woodmont's vision for the senior housing sector with the same level of quality that has become the Woodmont standard.”
Before joining Woodmont, Nichols was an executive director with Brightview Senior Living, where he focused on the construction, lease up and operations of new senior housing communities across the New Jersey and New York markets. He was also a regional vice president with Atria Senior Living, where he was responsible for the development of 18 communities from The Bronx, New York to Waterbury, Connecticut.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
