WILMINGTON, N.C. — Live Oak Bancshares,Inc. (NASDAQ: LOB) has hired Adam Sherman as the senior care lending team industry expert. Sherman will work alongside the lending team to serve seniors housing owners and developers.
Sherman has spent his career in healthcare real estate, generating and developing investment opportunities within seniors housing and medical sectors. He most recently served as managing director for the capital solutions practice at Blueprint Healthcare Real Estate Advisors.
Live Oak’s senior care lending team provides loans to support facility expansion and renovation, ground-up construction, bridge and permanent debt, and business acquisition.