Senior Lifestyle, based in Chicago, has welcomed John Rimbach as its new chief investment officer, bringing with him over 30 years of experience in the senior living industry. In his role, Rimbach will be responsible for managing investment strategies and financial growth, with a focus on building relationships with new investors and developing long-term business strategies.
Prior to joining Senior Lifestyle, Rimbach had a background in real estate investment trusts and senior living operations, having founded and served as CEO of West Living. He brings deep industry knowledge and leadership capabilities to the company, which Senior Lifestyle President and CEO Jon DeLuca believes will drive sustainable growth.
Senior Lifestyle is looking to refocus its strategies, with plans to acquire troubled assets in the coming years in addition to developing new market-rate communities. DeLuca sees significant opportunities in the market for acquisitions, with a focus on expanding the company’s portfolio strategically.
