Paul Rozelle joined Discovery Senior Living as its Chief Accounting Officer, with responsibility for all financial accounting, reporting and analysis, as well as its centralized billing and payable functions, for Discovery’s Communities, with its multiple Capital Partners and for its Corporate entities. Paul has 20 years of Real Estate finance, accounting and operations experience, spanning most Real Estate sectors, including Residential (Multifamily and Single-Family Rental). Commercial (Office, Industrial/Logistics, Retail and Self-Storage), Commercial Mortgages and now Senior Living.
Prior to joining Discovery, Paul was Senior Vice President of Accounting & Finance at Bridge Homes, a Single-Family Rental Asset Management and Property Management firm launched in November 2016 and now managing > 4,600 properties across 13 Markets in 11 States. Paul was responsible for Client Accounting for 2 large, sophisticated investment firms, delivering timely and accurate financial reporting for 9 Funds, for Lease Accounting, ensuring Resident Ledger integrity throughout the Lease lifecycle, and for its Corporate Accounting and Budgeting and Forecasting. Prior to Bridge, Paul invested 11 years in developing and optimizing the Commercial Real Estate and Multifamily platform for Nuveen Real Estate’s >$100 Billion global Real Estate portfolio as Managing Director – Head of Financial Operations, Global Real Estate and Alternative Investments. In this role Paul led the transformation of Nuveen’s Real Estate systems and processes, including creation of industry-first Property Management and Data Governance programs that transformed the Owner-Property Manager relationship while producing $250 Million of incremental Total Returns for investors. Before shifting his career focus to Real Estate as Vice President – Controller of publicly-traded Multifamily REIT Summit Properties (acquired by Camden Property Trust – NYSE: CPT), Paul began his career with PricewaterhouseCoopers and then moved to the semiconductor industry in Controllership and FP&A roles with Photronics, growing revenues from $30 million to >$400 million to become the world’s 3rd largest Photomask manufacturer.
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