Southfield, Michigan, June 8, 2026 — Commercial real estate firm Plante Moran Realpoint is pleased to announce that Adam Heavenrich, founder of Heavenrich & Company, a nationally recognized senior living investment banking and capital markets advisory firm based in Chicago, has joined the organization. Adam will lead and expand Plante Moran Realpoint’s capital markets practice, focusing on structured finance and sale-leaseback transactions across corporate, investor, senior living, and health care.
With more than three decades of experience advising senior housing owners, nonprofit organizations, and investors, Heavenrich brings deep experience across buy-side and sell-side mergers and acquisitions (M&As), recapitalizations, and capital formation strategies. His addition significantly expands the firm’s ability to help organizations navigate complex capital decisions alongside strategic growth, asset positioning, and consolidation.
Given his background and market demands, Heavenrich will focus primarily on supporting senior living as part of Plante Moran Realpoint’s senior living development advisory group, Plante Moran Living Forward.
“Senior living providers are facing unprecedented pressure to make the right decisions around capital, liquidity, and long-term portfolio strategy,” said Heavenrich. “The combination of senior living M&A and capital markets knowledge with a broader, integrated advisory platform that understands operations, construction, real estate, market demand, and financial feasibility enables more informed, owner-focused decisions across the entire lifecycle of an asset.”
Founded in 1994, Heavenrich & Company built a national reputation advising senior housing and healthcare organizations on complex transactions and capital markets strategies. The firm has advised on billions of dollars in senior living and healthcare transactions and developed long-standing relationships with nonprofit boards, private equity firms, REITs, owners, operators, and institutional capital providers.
Through this expansion, Plante Moran Living Forward enhances its ability to deliver integrated senior living transaction and capital markets advisory services, including:
- Sell-side advisory for single assets and portfolios
- Unique capabilities and relationships to affect sales between the nonprofit and for-profit assets, with an emphasis on continuing care retirement communities (CCRCs)
- Strategic affiliation and consolidation planning for nonprofit and for-profit organizations
- Capital structure optimization, recapitalizations, and liquidity planning
- Advisory support related to debt and capital markets transactions, including owner-representative guidance through financing processes
- Alignment of real estate, operations, and capital strategy within broader organizational decision-making
Plante Moran Living Forward is known for helping senior living organizations align mission, facilities, strategy, and financial sustainability. The addition of dedicated senior living capital market capabilities reflects continued investment in helping clients respond to market volatility, demographic shifts, and evolving care models with clarity and confidence.
“Adam’s experience immediately strengthens our ability to advise senior living organizations on both transactions and capital decisions,” said Dana Wollschlager, partner and Plante Moran Living Forward practice leader. “This capability is a natural extension of our commitment to providing practical, independent advice that supports long-term organizational and financial health.”
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About Plante Moran Realpoint
As a full-service real estate advisor, Plante Moran Realpoint is “built different.” The firm’s comprehensive, end-to-end, industry-specific specialization spans clients’ real estate needs, from consulting and transactions to capital projects and development advisory. Its team has guided clients across the public and private sectors through millions of square feet of real estate transactions and $1 billion in investment real estate transactions. It is currently acting as an owner’s representative for more than $8.5 billion in active construction projects. With Plante Moran Realpoint, clients make well‑informed real estate decisions, achieve their milestones, and flourish in great spaces. Realize what it means to be built different at pmrealpoint.com.
About Plante Moran Living Forward
Plante Moran Living Forward empowers senior living operators with innovative solutions in development, construction, capital markets, and operations. The firm’s full-service approach includes project planning and finance, project management, and real estate services, alongside a full range of operational consulting services to optimize performance and fund growth. Guided by a culture of integrity, the team prioritizes financially sustainable projects, always placing client success above profits. Plante Moran Living Forward is the senior living development advisory division of the commercial real estate services firm Plante Moran Realpoint and an affiliate entity of the accounting and advisory firm Plante Moran. Learn more at pmlivingforward.com.
