News
Denver, Colo. (June 18, 2024) – Foundry Commercial is pleased to announce the addition of John Reinsma as Deal Principal for its Healthcare business within the Development & Investments platform. In this role, Reinsma – who has spent nearly 20 years in the senior living industry – leads the development and acquisitions strategies and investment initiatives for Foundry’s senior living platform, which encompasses 57 senior living communities with more than 3,700 units nationwide.
Foundry Commercial’s senior living platform specializes in the development, acquisition, and asset management of high-quality senior housing communities throughout the country. Having entered the senior living sector in 2020, Foundry has strategically positioned its platform to capitalize on the consolidation of operational platforms and shifting demographics within the industry. With Reinsma leading investment efforts for this segment of the business, Foundry aims to further strengthen its market presence and continue its growth trajectory in the senior living space.
Reinsma brings extensive experience to Foundry, working in a similar capacity for Oakwood Senior Housing Partners, a division of Oakwood Real Estate Partners. Oakwood has been a minority investor partner in Foundry Commercial since 2020, a partnership that has enabled Foundry to more than double in size and triple its investment volume. Reinsma’s previous roles include President of Confluent Senior Living, Senior Development Manager for Weston Solutions, Acquisitions Manager with International Capital Partners, and a strategy consultant with Accenture.
“John’s extensive experience in the senior living sector and his strategic vision will be invaluable as we continue to expand our senior living platform,” said Pryse Elam, President of Foundry’s Development & Investments platform. “The close relationship and partnership we have forged with Oakwood have been instrumental in our growth, and we are excited to work together in an even more expanded capacity.”
Reinsma holds a Bachelor of Arts in finance from Calvin College, a Master of Science in economics from the Colorado School of Mines, and an M.B.A. from the University of Michigan Ross School of Business.