Management Team
Kendall K. Young, Chief Executive Officer and President
Mr. Young has been our Chief Executive Officer and President since October 2022 in conjunction with the internalization of the management team. He has over 38 years experience in real estate and over 11 years experience in senior housing. During his career, Mr. Young has been involved in all major facets of real estate including acquisitions, joint ventures, dispositions, asset management, lending and restructuring. Mr. Young was also a CPA early-on in his career.
Prior to this role, Mr. Young was an Executive Vice President and Head of Senior Housing for Healthpeak Properties (NYSE: PEAK) from 2010 to 2019, was the Global Head of Asset Management for real estate for hedge fund Strategic Value Partners in Greenwich, Connecticut, from 2007 to 2010, was Managing Director and Global Head of Asset Management in Merrill Lynch's Global Principal Investing business from 2005 to 2007, and was a Managing Director with GE Capital Real Estate from 1992 to 2005.
Mr. Young holds a Bachelor of Arts degree in Business Administration from the University of Southern California and a Masters of Business Administration from the University of California Irvine.
Nicholas R. Balzo, Chief Financial Officer, Treasurer & Secretary
Mr. Balzo was promoted to Chief Financial Officer and Treasurer in conjunction with the internalization of the management team in October 2022. Previously, Mr. Balzo was Chief Accounting Officer of NRF HoldCo, LLC, an affiliate of our former Sponsor and Advisor, since February 2022, responsible for oversight of finance and accounting for NorthStar Healthcare. Mr. Balzo has served NorthStar Healthcare in similar capacities for DigitalBridge Group, Inc. and NorthStar Asset Management Group, Inc. (NRF HoldCo's predecessors) since March 2017. Mr. Balzo joined NorthStar Asset Management Group in September 2014, concentrating on its publicly-traded investment management business.
Prior to that, Mr. Balzo was in the assurance practice of Baker Tilly US, LLP.
Mr. Balzo, a Certified Public Accountant, earned a Bachelor of Science in Accounting and Master of Business Administration from St. John's University.
Kendall K. Young, Chief Executive Officer and President
Mr. Young has been our Chief Executive Officer and President since October 2022 in conjunction with the internalization of the management team. He has over 38 years experience in real estate and over 11 years experience in senior housing. During his career, Mr. Young has been involved in all major facets of real estate including acquisitions, joint ventures, dispositions, asset management, lending and restructuring. Mr. Young was also a CPA early-on in his career.
Prior to this role, Mr. Young was an Executive Vice President and Head of Senior Housing for Healthpeak Properties (NYSE: PEAK) from 2010 to 2019, was the Global Head of Asset Management for real estate for hedge fund Strategic Value Partners in Greenwich, Connecticut, from 2007 to 2010, was Managing Director and Global Head of Asset Management in Merrill Lynch's Global Principal Investing business from 2005 to 2007, and was a Managing Director with GE Capital Real Estate from 1992 to 2005.
Mr. Young holds a Bachelor of Arts degree in Business Administration from the University of Southern California and a Masters of Business Administration from the University of California Irvine.
Nicholas R. Balzo, Chief Financial Officer, Treasurer & Secretary
Mr. Balzo was promoted to Chief Financial Officer and Treasurer in conjunction with the internalization of the management team in October 2022. Previously, Mr. Balzo was Chief Accounting Officer of NRF HoldCo, LLC, an affiliate of our former Sponsor and Advisor, since February 2022, responsible for oversight of finance and accounting for NorthStar Healthcare. Mr. Balzo has served NorthStar Healthcare in similar capacities for DigitalBridge Group, Inc. and NorthStar Asset Management Group, Inc. (NRF HoldCo's predecessors) since March 2017. Mr. Balzo joined NorthStar Asset Management Group in September 2014, concentrating on its publicly-traded investment management business.
Prior to that, Mr. Balzo was in the assurance practice of Baker Tilly US, LLP.
Mr. Balzo, a Certified Public Accountant, earned a Bachelor of Science in Accounting and Master of Business Administration from St. John's University.