PLANTE MORAN LIVING FORWARD ANNOUNCES EXECUTIVE PROMOTIONS

FOR IMMEDIATE RELEASE JULY 1, 2023

PLANTE MORAN LIVING FORWARD ANNOUNCES EXECUTIVE PROMOTIONS

Southfield, Michigan-- July 1, 2023

Senior living development advisory firm Plante Moran Living Forward (PMLF), affiliate of public accounting and business advisory firm Plante Moran, is pleased to announce the promotion of Jamie Timoteo to partner.

“Jamie’s dedication to excellent client service, combined with our firm culture, staff development, and outstanding leadership skills, will make him an excellent partner at the firm helping with the continued success and growth for PMLF,” said Dana Wollschlager, partner and practice leader of PMLF.

Based in Chicago, Timoteo oversees the entire development team, including the architects and construction managers, to ensure clients’ projects meet their financial expectations and overall mission. Timoteo is a passionate team member who accomplishes anything he sets his mind to. When combining Timoteo’s passion for what he does with the confidence he has, it has proven to be successful time and time again. In combining a streamlined process with his unbiased perspective, Timoteo makes it possible for clients to thoroughly understand the opportunities available to them and confidently determine whether a project is worth pursuing. He has managed more than $700 million in bond offerings and financial feasibility studies, and offers clients a tailored, strategic approach to uncover hidden revenue through an analysis of their monthly service fee prices. Timoteo not only provides guidance to his clients, but to his team as well.

TImoteo is an incredible staff developer who has taken the time to create tools, processes, and procedures to help new staff onboard successfully, and has served as a highly regarded mentor to the Living Forward team.

TImoteo began his professional career with Plante Moran Living Forward, joining the practice on the financial feasibility team. In his role, Jamie offered value to senior living clients by transforming financial and business data into detailed financial projections. As his career progressed, Jamie was a key member in the launch of PMLF’s market feasibility practice—A (Continues on next page) practice driven by the critical needs for senior living providers to be able

Development Advisory | Feasibility | Site Selection

 

to identify the unmet demands for senior living housing and services within the communities they serve. Timoteo also plays an integral role in the strategic planning and repositioning process. He helps senior living providers look beyond the numbers and draw conclusions to make the best decisions that support future growth. To ensure a successful financial project, Timoteo is intimately involved in the conceptual planning. He helps communities identify potential financial barriers early in projects, saving them both time and money as projects progress.

About Plante Moran Living Forward

Plante Moran Living Forward provides unbiased, value-driven development advisory and owner’s representation services that address the evolving real estate, development, and construction needs of senior living communities. They bring predevelopment planning, site selection, construction monitoring, and project closeout services under a single point of contact to help senior living providers stay competitive, grow, and provide quality housing opportunities. Learn more at pmlivingforward.com.

CONTACT

Ron Rotole, Marketing Senior Vice President 248-603-5241

Ron.Rotole@plantemoran.com

###