Chad Borst
Wilmington
Summary
Dynamic Vice President at Welltower Inc. with a proven track record in M&A transactions and financial modeling. Spearheaded over $6.5B in investments, fostering strong client relationships and empowering teams. Expert in investment structuring and due diligence, driving significant growth in a competitive market. Committed to excellence and strategic decision-making.
Overview
23
23
years of professional experience
Work History
Vice President
Welltower Inc.
Toledo
01.2015 - 08.2017
- Company Overview: Welltower Inc. (HCN), the largest Senior Housing REIT ($40B enterprise value & $27B market cap), primarily invests in Seniors Housing communities, SNF/Post-Acute and medical office buildings. Welltower is centered on a relationship-based investing platform. Over the last 7 years, HCN has increased EV from $10B to $40B. I have had the unique opportunity to be a significant contributor in that growth, leading / assisting over $6.5B in transactions (over $5B in new HCN investments).
- Led large, M&A transactions.
- Led relationship investment team with total HCN investments of $4.3B. Created a relationship team environment to effectively and efficiently manage investment relationships, asset management processes and transactional UW.
- Fostered meaningful relationships helping them grow both organically / externally.
- Led structuring, negotiation, analysis, DD and closed $1.2B of HCN investments.
- Led by example as a player/coach. Coached, mentored and developed 4 investment analysts to support my team.
- Empowered team members to become independent in order to support and lead their own relationships.
- Created a culture of accountability, sharing and implementing best practices to inform better investment decisions, coaching / educating / supporting the analyst pool and providing them with the necessary tools to be successful.
- Led projects for: improving the UW processes and results, forecasting, asset management and deal templates for IC.
- Welltower Inc. (HCN), the largest Senior Housing REIT ($40B enterprise value & $27B market cap), primarily invests in Seniors Housing communities, SNF/Post-Acute and medical office buildings. Welltower is centered on a relationship-based investing platform. Over the last 7 years, HCN has increased EV from $10B to $40B. I have had the unique opportunity to be a significant contributor in that growth, leading / assisting over $6.5B in transactions (over $5B in new HCN investments).
Director
Welltower Inc.
Toledo
01.2013 - 12.2014
- Increased exposure and responsibility for negotiation & structuring transactions, financial modeling, Investment Committee presentation, acquisition due diligence, financing and funding, closing process, and asset management.
- Led/assisted closing of $546M of HCN investments.
- Contributed to the development of 1 investment analyst.
Senior Financial Analyst
Welltower Inc.
Toledo
05.2010 - 12.2012
- Responsible for financial modeling, Investment Committee presentations, acquisition DD, financing and funding, closing processes, and asset management integration.
- Assisted negotiations, led analysis/DD and closed $3.4B of HCN investments.
- Improved existing templates for investment committee approval, executive summary, site visits, and request lists.
- Contributed to the development of 4 new investment analysts.
Vice President - VantAge Pointe
VantAge Pointe / Eastdil Secured
Los Angeles MSA
09.2008 - 10.2009
- Responsible for client relations, deal structuring, UW, OM preparation, DD and special projects.
- Prepared listing pitches for $500mm of transactions and OM material for 3 transactions for $200mm.
- Trained and managed a Financial Analyst.
Associate - Eastdil Secured
VantAge Pointe / Eastdil Secured
Los Angeles MSA
08.2007 - 09.2008
- Responsible for client relations, deal structuring, UW, OM preparation, DD and special projects.
- Prepared listing pitches for $1B of transactions and OM material for 3 transactions for $300mm.
- Trained/managed financial analysts. Created financial modeling, UW, DD and closing processes.
Acquisitions Associate
Brookdale Senior Living Inc.
Chicago
07.2006 - 08.2007
- Responsible for negotiation / structuring transactions, financial modeling, pitch presentation, acquisition DD, financing and funding, closing process, and integration of asset to operations.
- Prepared analysis - $3.5B of deals, led DD for 28 deals - $2.97B, and closed 3 deals -$42.8mm.
- Trained/managed 3 Financial Analysts. Created financial modeling, UW, DD and closing processes.
Assistant Vice President - Real Estate Senior Debt
GE Commercial Finance
Chicago
05.2006 - 07.2006
- Company Overview: GE Capital – Healthcare Financial Services (GE) (now Capital One) was at the time the largest Seniors Housing middle-market lender with on-book real estate debt of over $12B.
- Responsible for negotiation/structuring, pitch presentation, financial modeling and analysis, industry/company research, risk assessment, documentation, closing process and funding.
- Assisted UW and approval through bid of two equity transactions with values in the B’s.
- GE Capital – Healthcare Financial Services (GE) (now Capital One) was at the time the largest Seniors Housing middle-market lender with on-book real estate debt of over $12B.
Associate - Real Estate Senior Debt
GE Commercial Finance
Chicago
02.2005 - 05.2006
- Trained 5 analysts: financial modeling, pitchology, site visits, accuracy of data and client interaction.
- Prepared preliminary analysis of ~40 deals totaling ~$2B. Presented ~$1.4B in commitments to Credit Committee and obtained approval for 16 deals totaling ~$753mm. Closed 9 deals: $400mm.
Risk Rotational Associate
GE Commercial Finance
06.2003 - 02.2005
- Gained accelerated development through a series of rotational assignments aimed at developing future risk leaders.
- Completed a two-year project attaining Six Sigma Certification.
Portfolio Analyst - Asset Based Finance
GE Commercial Finance
Bethesda
04.2002 - 05.2003
- Performed financial analysis, collateral analysis of monthly accounts receivable data / quarterly audit reports and covenant tracking including examination of loan documents.
Finance Co-op Position
GE Aircraft Engines
Wilmington
11.2000 - 11.2001
- Diverse assignments including controllership, cost analysis, strategic planning, six-sigma methodology and project payback analysis.
Aircraft Loadmaster Journeyman
United States Air Force
Travis AFB
06.1994 - 06.1998
- Supervised aircraft loading / offloading performed loadmaster aircrew functions and computed weight and balance.
- Traveled to 35 countries.
Education
Bachelor of Science - Finance
University of North Carolina at Wilmington
12.2001
Skills
- M&A transactions
- Financial modeling
- Investment structuring
- Due diligence
- Asset management
- Client relationship management
Relocation
My family is more than happy to relocate for the right opportunity. As we have relocated several times over my career and are looking forward to the next chapter.
Hobbies and Interests
- Spending time with family
- Traveling
- Reading
- Hiking
- Boating
- Working out
Family
1, 12
Accreditations
Licensed California RE Professional, 2007 – 2011
Timeline
Vice President
Welltower Inc.
01.2015 - 08.2017
Director
Welltower Inc.
01.2013 - 12.2014
Senior Financial Analyst
Welltower Inc.
05.2010 - 12.2012
Vice President - VantAge Pointe
VantAge Pointe / Eastdil Secured
09.2008 - 10.2009
Associate - Eastdil Secured
VantAge Pointe / Eastdil Secured
08.2007 - 09.2008
Acquisitions Associate
Brookdale Senior Living Inc.
07.2006 - 08.2007
Assistant Vice President - Real Estate Senior Debt
GE Commercial Finance
05.2006 - 07.2006
Associate - Real Estate Senior Debt
GE Commercial Finance
02.2005 - 05.2006
Risk Rotational Associate
GE Commercial Finance
06.2003 - 02.2005
Portfolio Analyst - Asset Based Finance
GE Commercial Finance
04.2002 - 05.2003
Finance Co-op Position
GE Aircraft Engines
11.2000 - 11.2001
Aircraft Loadmaster Journeyman
United States Air Force
06.1994 - 06.1998
Bachelor of Science - Finance
University of North Carolina at Wilmington