Chicago, IL – SHA Capital Partners, LLC, (www.shacp.com) is pleased to announce that Douglas A. Cooper has joined the firm as a partner. Cooper joins SHA Cap from Fortress Investment Group, (NYSE: FIG), a $70 billion investment advisory firm based in New York. He was an acquisition officer focused on senior housing investments for the firm’s New Senior Investment REIT (NYSE: SNR). During Cooper’s tenure, Fortress completed $1.8 billion of senior housing transactions.
SHA Cap will continue to specialize in senior housing investments, and, with the addition of Cooper, will broaden its scope to include development and advisory services. “We see tremendous synergy with the addition of Doug Cooper. His entrepreneurial energy and ability to source transactions fit well with SHA Cap’s relationships with operators and capital sources,” said managing partner David Watkins. Cooper is based in Washington, DC and will focus on acquisitions and development opportunities in the mid-Atlantic and Northeast US, to complement the firm’s presence in Chicago and the Midwest.
About SHA Capital Partners
SHA Capital Partners is a real estate investment firm with a sole focus on senior housing. Its founding principals have been involved in the acquisition of more than $500 million of senior housing communities and the development of projects valued at more than $2 billion. Principals have senior housing investment, development and operating backgrounds.