Welltower Inc. recently revealed that Ryan Rothacker has been named Vice President of Operations, Outpatient Medical and Nicholas Rumanes has been named Head of Development.
Ryan Rothacker joins the Company from MBRE Healthcare, where he served as Senior Vice President, Asset Management. At MBRE, Rothacker oversaw five joint venture funds with a market value of over $6 billion.
Prior to his time at MBRE, Rothacker held several positions at Duke Realty Corporation, including Vice President, Healthcare Operations and Vice President, Asset Management. During his fifteen-year tenure at Duke Realty, he worked directly with Keith Konkoli, head of Welltower’s Outpatient Medical business. In his new role, Mr. Rothacker will oversee operations of the Company’s OM portfolio, reporting directly to Keith Konkoli.
Nicholas Rumanes joins the Company from Unibail-Rodamko-Westfield, where he served as Senior Vice President, U.S. Development. At URW, Rumanes was responsible for the development of Westfield’s U.S. portfolio, which included oversight of a $6 billion development pipeline. Prior to his tenure at URW, Rumanes served as Senior Vice President, Real Estate Development Design & Construction at Oasis West Realty. In his new role, Rumanes will manage the Company’s development efforts across the health care continuum, including seniors housing, post-acute care, and outpatient medical projects. He reports to Shankh Mitra, Executive Vice President and Chief Investment Officer.
“We are thrilled to welcome Ryan and Nicholas to Welltower,” commented Shankh Mitra. “Keith’s leadership has launched substantial growth of the Company’s Outpatient Medical business in the last 18 months. Ryan’s significant operating experience will help us capture greater value from our expanded OM business.” Mitra added, “Nicholas’ successful track record of large scale, complex development projects will be crucial for this next stage of growth at the Company. He brings extensive knowledge and expertise, and his ability to attract top-level development talent will be valuable as we expand our full suite of development and re-development capabilities to transform the next generation of health care infrastructure.”