PDC Capital Group

COSTA MESA, Calif. /California Newswire/ — Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, today announced that Pat Brown is joining senior housing real estate company SummerPlace Development as Project Manager overseeing the development of SummerPlace Assisted Living and Memory Care projects.

PDC Capital Group is a private equity firm with 25 assisted living and memory care residences currently in development in California, Florida, Arizona and other states. PDC is the parent company of SummerPlace Development.

Pat Brown comes to SummerPlace Development with 30 years of experience in the healthcare industry and management of senior living communities.

Mr. Brown began his career with Pacific Retirement Services in 1978, holding various positions at PRS-affiliated communities in Portland, Oregon, Medford, Oregon and Saratoga, California. In 2000, Mr. Brown headed the start-up effort and construction of the University Retirement Community (URC) in Davis, California and subsequently served as URC's Executive Director until August 2001.

In his 32-year career with Pacific Retirement Services, Mr. Brown oversaw and managed over $1 billion of expansion, renovations, and ground-up development for projects including, all of which were delivered on time and on budget.

In his new role at SummerPlace Development, Mr. Brown will take over the day-to-day management of four senior living and memory care projects located in northern California: SummerPlace Lincoln, located 25 miles northeast of Sacramento, SummerPlace Citrus Heights, located about 10 miles from Sacramento's business district, SummerPlace Kern Canyon in Stockton, Calif., and SummerPlace Westgate, in Sacramento.

"We are thrilled to welcome Pat Brown to the team," said Emilio N. Francisco, Chairman and CEO of PDC Capital Group, the parent company of SummerPlace Development. "At a time of tremendous growth for our company, we are very pleased to have a project manager with Pat's level of experience and expertise in the senior housing industry."

About SummerPlace Development:

SummerPlace Development is a senior housing real estate developer focused on meeting the growing demand for high-quality assisted living and memory care services for seniors. For more information, please visit .

About PDC Capital Group:

PDC Capital Group, LLC, is a private equity firm specializing in EB-5 investment projects. In identifying and executing new projects, PDC Capital Group's goal is success for three groups: success for investors, success for the community where the project is located, and success for its project partners. For more information, please visit .

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*Photo Caption: Emilio N. Francisco, Chairman & Chief Executive Officer, PDC Capital Group.

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