Mr. Sherman joined Dougherty Mortgage, LLC in August, 2015. He has more than 40 years’ experience in the seniors housing and health care industry, and is an expert in providing financing and financial advisory services in seniors housing, long term care, and health care finance. Beginning in the early 1970’s he worked as a Certified Public Accountant advising health care, long term care, and seniors housing clients on accounting issues, third party reimbursement issues, and real estate and corporate finance issues. He has experience in health care and seniors housing in both the public and private sectors. During his career, he has advised clients and completed financings totaling billions of dollars. These financings include conventional bank debt for new construction and acquisitions, bond financings, taxable and tax-exempt financings, Fannie Mae, and FHA guaranteed financings.
Prior to joining Dougherty Mortgage, LLC, for three years, Mr. Sherman served as an Executive Vice President, Capital One Bank, N. A. and prior to Capital One, for twelve years, he served as the Senior Managing Director, Red Capital Group, LLC, responsible for the Seniors Housing and Long Term Care division. Mr. Sherman also served as the President and Chief Executive Officer at Churchill Estates, Inc., an assisted living owner and operator. Mr. Sherman’s began his career serving and consulting with seniors housing and health care clients during his tenure as the National Healthcare and Public Finance Partner at Laventhol & Horwath. Mr. Sherman is a graduate of Macalester College and received his Certified Public Accountant certificate. He is a recognized leader in the seniors housing industry, having presented at many seminars and seniors housing seminars, and serving on the boards of many professional organizations.