Macquarie Asset Management has launched Health Wave Partners, a senior housing platform with a strategy aimed at targeting investments in modern senior housing assets alongside established operators.
The platform will be led by a management team that comprises John Cobb, CEO; Philip Kayden, CIO; Elliot Pessis, COO; Sean O’Malley, managing director, finance; and Holden Torrens, director of investments.
The management team collectively brings more than 75 years of experience in the senior housing sector and has collectively been involved in more than $50 billion worth of healthcare real estate transactions.
Health Wave Partners has plans to partner with global institutions to deliver attractive risk-adjusted returns. Macquarie Asset Management’s real estate team believes the senior housing sector is poised for growth, given a shift in demographics driving demand and a current undersupply. In the United States, the aging baby boomer generation is set to expand
