Andrew (Andy) S. Kohlberg
President and Chief Executive Officer
Andrew S. Kohlberg is the Founder, President and CEO of Kisco Senior Living, LLC. Mr. Kohlberg’s primary responsibilities are providing strategic planning and direction for property operations and management as well as sourcing and executing acquisitions including the placement of equity and debt financing. Through his timely purchase of well-located retirement properties, he assembled Kisco’s core portfolio of assets. He is now expanding the company through new development and acquisitions.
Under his direction a superb management team has been assembled including a Chief Operating Officer, Chief Development Officer, Chief Financial Officer and supporting Home Office associates in specialized areas such as training, human resources, marketing, sales, risk management, health care and dining. He personally conducts focus groups with residents and staff to improve resident satisfaction.
Mr. Kohlberg attended the University of Tennessee and has completed advanced studies at the University of California San Diego in real estate economics and feasibility analysis, commercial real estate development, fundamentals of construction and legal aspects of real estate investment.
He is an active member of the American Senior Housing Association (ASHA), California Assisted Living Facilities Association (CALFA), and the San Diego Chapter of Young Presidents’ Organization (YPO). In November 2002, the Seniors Housing Council awarded him the SAGE Person of the Year Award for his commitment to the seniors housing industry. In April 2003, he accepted the Icon Award in the Service Enriched Builder/Developer category from the National Association of Home Builders.
Since 2004, Mr. Kohlberg has been an investment partner with the Phoenix Suns professional basketball team and in 2010 he became Vice Chairman. He regularly attends basketball games and monthly financial meetings.
Prior to joining Kisco, Mr. Kohlberg enjoyed a successful professional tennis career, competing in the semifinals of Wimbledon and quarterfinals of the U.S. Open, was named NCAA Collegiate Player of the Year and was an All American at the University of Tennessee. He represented the United States on the Junior Davis Cup and Sunshine Cup Teams, as well as in the Pan American Games where he won a gold medal.
Chief Operating Officer
Terri Novak is responsible for management of all of Kisco Senior Living communities which include independent, congregate, assisted living, home care and continuum of care campuses (CCRC). As a member of the senior leadership team, she leads the day-to-day operations and sales. She is responsible for developing and refining programs to monitor and improve all aspects of financial performance, service quality, customer relationships and leadership development.
Ms. Novak has more than 30 years of management experience in a variety of service industries, including over 24 years in senior housing. In addition to her degrees in Health Care Administration and Human Resources, and an MBA in Business Administration, Terri is a certified California Awards for Performance Excellence (CAPE) Examiner, a state program that mirrors the Baldrige National Quality Program. She has served as an instructor at Erickson's School of Business, is a CALA Board Member, and has been a guest speaker at numerous national conferences.
Chief Investment Officer
MJ Ritschel oversees acquisitions, asset management and capital market transactions; and has been associated with Kisco since 2011. In addition, he is responsible for investor relations and major capital investments for Kisco’s portfolio. Further, he serves on the Operator Advisory Board for the National Investment Center for Seniors Housing and Care.
Previous to Kisco, Mr. Ritschel was a partner with Davenport Partners and a Vice President of Spieker Properties REIT (NYSE:SPK), heading up its acquisition and development activities in major markets of the western United States. MJ Ritschel started his career with Kaiser Development/Industries, as a manager for various property portfolios. Over the past thirty years, he has been involved with every facet of acquisitions, development, construction, financing and asset management for all major real estate asset classes.