NIC Leadership Huddle
The NIC Bluebook: Five Ways COVID-19 Could Affect Senior Living
This webinar will feature Beth Mace, NIC’s chief economist, providing her very popular Bluebook presentation. The Bluebook will provide context for today’s COVID-19 world, with an overview of the pandemic and its effect on the economy, capital availability and its cost. She will highlight five categories of direct impact related to the virus and the economy on seniors housing including operations, construction, development and transactional deal activity. Beth will be joined by Mercedes Kerr, who will provide her insights on these topics. Mercedes has first-hand knowledge into the operator experience as President of Belmont Village Senior Living as well as 20 plus years as Executive Vice President at Welltower, where she led business development activities to identify, build and manage relationships with health systems, operators, real estate developers and financial institutions to grow Welltower’s health care property portfolio.
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Beth Burnham Mace is the Chief Economist and Director of Outreach at the National Investment Center for Seniors Housing & Care (NIC). Prior to joining the staff at NIC, she served as a member of the NIC Board of Directors for seven years and chaired NIC’s Research Committee. Ms. Mace was also a Director at AEW Capital Management and worked in the AEW Research Group for 17 years. Prior to joining AEW in 1997, Ms. Mace spent ten years at Standard & Poor’s DRI/McGraw-Hill as the Director of the Regional Information Service. She also worked as a Regional Economist at Crocker Bank, the National Commission on Air Quality, the Brookings Institution and Boston Edison.
As President of Belmont Village Senior Living, Mercedes Kerr is responsible for the performance and expansion of the company’s premier portfolio, the growth and opportunity of its employees and the care and satisfaction of its residents.
A well-recognized health care and real estate professional, Ms. Kerr has more than 20 years of experience in the seniors housing sector. Prior to joining Belmont Village in 2019, she was Executive Vice President of Welltower, Inc., where she worked for more than a decade to establish enduring healthcare partnerships to build innovative, wellness-focused care delivery. Prior to her time at Welltower, Ms. Kerr was Vice President of Acquisitions at HCP, Inc. for nearly 10 years. Before joining HCP, she was a member of the consulting division of Ernst & Young LLP.
Ms. Kerr has served on boards of leading national and state organizations dedicated to setting policy and standards for seniors housing and care. She was recently named to California Governor Gavin Newsom’s Master Plan for Aging Stakeholder Advisory Committee. Ms. Kerr began her career in real estate development in her native Mexico. She is a graduate with honors from the Universidad Autonoma de Guadalajara and earned a Master of Real Estate Development degree from the University of Southern California.