Management Team
Kendall K. Young, Chief Executive Officer and President
Mr. Young has been our Chief Executive Officer and President since October 2022 in conjunction with the internalization of the management team. He has over 38 years experience in real estate and over 11 years experience in senior housing. During his career, Mr. Young has been involved in all major facets of real estate including acquisitions, joint ventures, dispositions, asset management, lending and restructuring. Mr. Young was also a CPA early-on in his career.
Prior to this role, Mr. Young was an Executive Vice President and Head of Senior Housing for Healthpeak Properties (NYSE: PEAK) from 2010 to 2019, was the Global Head of Asset Management for real estate for hedge fund Strategic Value Partners in Greenwich, Connecticut, from 2007 to 2010, was Managing Director and Global Head of Asset Management in Merrill Lynch's Global Principal Investing business from 2005 to 2007, and was a Managing Director with GE Capital Real Estate from 1992 to 2005.
Mr. Young holds a Bachelor of Arts degree in Business Administration from the University of Southern California and a Masters of Business Administration from the University of California Irvine.
Nicholas R. Balzo, Chief Financial Officer and Treasurer
Mr. Balzo was promoted to Chief Financial Officer and Treasurer in conjunction with the internalization of the management team in October 2022. Previously, Mr. Balzo was Chief Accounting Officer of NRF HoldCo, LLC, an affiliate of our former Sponsor and Advisor, since February 2022, responsible for oversight of finance and accounting for NorthStar Healthcare. Mr. Balzo has served NorthStar Healthcare in similar capacities for DigitalBridge Group, Inc. and NorthStar Asset Management Group, Inc. (NRF HoldCo's predecessors) since March 2017. Mr. Balzo joined NorthStar Asset Management Group in September 2014, concentrating on its publicly-traded investment management business.
Prior to that, Mr. Balzo was in the assurance practice of Baker Tilly US, LLP.
Mr. Balzo, a Certified Public Accountant, earned a Bachelor of Science in Accounting and Master of Business Administration from St. John's University.
Ann B. Harrington, General Counsel and Secretary
Ms. Harrington has been our General Counsel and Secretary since October 2023. Previously, Ms. Harrington served as Managing Director, General Counsel and Secretary of NRF Holdco, LLC, NorthStar Healthcare’s former sponsor, a position she held from March 2022 to September 2023. Prior to this role, Ms. Harrington was a Managing Director, Deputy General Counsel of NorthStar Healthcare’s then sponsor, DigitalBridge Group, Inc. (f/k/a Colony Capital, Inc. and NorthStar Asset Management Group Inc.), a position she held from March 2019 to February 2022, and previously served as Senior Vice President, Deputy General Counsel since January 2017 and as Senior Corporate Counsel from January 2015 to January 2017. During this period, Ms. Harrington also served as NorthStar Healthcare's General Counsel and Secretary, from May 2016, and Interim Chief Executive Officer and President, from August 2022, through the completion of the internalization of the management team in October 2022.
Prior to joining NorthStar Asset Management Group Inc., Ms. Harrington served as an associate in the Corporate and Financial Services Group of Willkie Farr & Gallagher LLP from September 2008 through December 2014, where she advised public and private corporate clients with respect to capital markets transactions, mergers and acquisitions, securities laws compliance, corporate governance and other general corporate matters.
Ms. Harrington holds a Bachelor of Arts from Princeton University and a Juris Doctor from The Ohio State University Moritz College of Law.
Kendall K. Young, Chief Executive Officer and President
Mr. Young has been our Chief Executive Officer and President since October 2022 in conjunction with the internalization of the management team. He has over 38 years experience in real estate and over 11 years experience in senior housing. During his career, Mr. Young has been involved in all major facets of real estate including acquisitions, joint ventures, dispositions, asset management, lending and restructuring. Mr. Young was also a CPA early-on in his career.
Prior to this role, Mr. Young was an Executive Vice President and Head of Senior Housing for Healthpeak Properties (NYSE: PEAK) from 2010 to 2019, was the Global Head of Asset Management for real estate for hedge fund Strategic Value Partners in Greenwich, Connecticut, from 2007 to 2010, was Managing Director and Global Head of Asset Management in Merrill Lynch's Global Principal Investing business from 2005 to 2007, and was a Managing Director with GE Capital Real Estate from 1992 to 2005.
Mr. Young holds a Bachelor of Arts degree in Business Administration from the University of Southern California and a Masters of Business Administration from the University of California Irvine.
Nicholas R. Balzo, Chief Financial Officer and Treasurer
Mr. Balzo was promoted to Chief Financial Officer and Treasurer in conjunction with the internalization of the management team in October 2022. Previously, Mr. Balzo was Chief Accounting Officer of NRF HoldCo, LLC, an affiliate of our former Sponsor and Advisor, since February 2022, responsible for oversight of finance and accounting for NorthStar Healthcare. Mr. Balzo has served NorthStar Healthcare in similar capacities for DigitalBridge Group, Inc. and NorthStar Asset Management Group, Inc. (NRF HoldCo's predecessors) since March 2017. Mr. Balzo joined NorthStar Asset Management Group in September 2014, concentrating on its publicly-traded investment management business.
Prior to that, Mr. Balzo was in the assurance practice of Baker Tilly US, LLP.
Mr. Balzo, a Certified Public Accountant, earned a Bachelor of Science in Accounting and Master of Business Administration from St. John's University.
Ann B. Harrington, General Counsel and Secretary
Ms. Harrington has been our General Counsel and Secretary since October 2023. Previously, Ms. Harrington served as Managing Director, General Counsel and Secretary of NRF Holdco, LLC, NorthStar Healthcare’s former sponsor, a position she held from March 2022 to September 2023. Prior to this role, Ms. Harrington was a Managing Director, Deputy General Counsel of NorthStar Healthcare’s then sponsor, DigitalBridge Group, Inc. (f/k/a Colony Capital, Inc. and NorthStar Asset Management Group Inc.), a position she held from March 2019 to February 2022, and previously served as Senior Vice President, Deputy General Counsel since January 2017 and as Senior Corporate Counsel from January 2015 to January 2017. During this period, Ms. Harrington also served as NorthStar Healthcare's General Counsel and Secretary, from May 2016, and Interim Chief Executive Officer and President, from August 2022, through the completion of the internalization of the management team in October 2022.
Prior to joining NorthStar Asset Management Group Inc., Ms. Harrington served as an associate in the Corporate and Financial Services Group of Willkie Farr & Gallagher LLP from September 2008 through December 2014, where she advised public and private corporate clients with respect to capital markets transactions, mergers and acquisitions, securities laws compliance, corporate governance and other general corporate matters.
Ms. Harrington holds a Bachelor of Arts from Princeton University and a Juris Doctor from The Ohio State University Moritz College of Law.