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New CFO for this Non-Traded REIT

Non-traded REIT, Summit Healthcare REIT Inc. (Summit Healthcare), has recently appointed Elizabeth A. Pagliarini as Chief Financial Officer. She is replacing interim CFO, Dominic J. Petrucci who will continue to provide certain financial consulting and transition services to the company.

“I am excited and honored to be a part of this executive team,” commented Ms. Pagliarini. “Summit has executed a remarkable repositioning of its portfolio, and I am pleased to have the opportunity to contribute to the continued efforts for strategic growth and enhanced shareholder value.”

Having more than 20 years of experience in financial services and investment banking, Ms. Pagliarini, 43, joined Summit Healthcare in June 2014 as controller. She has a background in finance, accounting, operations, compliance, securities litigation, and executive management.

Prior to joining Summit Healthcare, Ms. Pagliarini served as a principal at The Elizabeth Group since 2008. She founded The Elizabeth Group to provide out-sourced chief financial officer services to registered investment advisers and broker-dealers, as well as services relating to securities litigation consulting. Ms. Pagliarini served as chief financial officer and chief compliance officer of an investment bank from 2005-2008. Before that, she founded a boutique investment bank and registered broker-dealer, and served as CFO and chairwoman of a NASDAQ-listed investment brokerage subsidiary. 

Ms. Pagliarini holds her B.S. in Business Administration with a concentration in Finance from Valparaiso University where she was the recipient of their highest academic award, the Presidential Scholarship. She studied law and forensic accounting at UCLA and is also a Certified Fraud Examiner (CFE). 

Additionally, Ms. Pagliarini serves as Chairwoman of the Board of Directors for Forever Footprints, a non-profit organization that provides support to families that have suffered the loss of a baby during pregnancy or infancy and educates the medical community to improve quality of care and response.

“With her expertise and enthusiasm, Elizabeth is an exemplary choice to fill this role,” said Kent Eikanas, President and Chief Operating Officer. “Since joining Summit, she has become an integral part of our accounting and reporting segments and essential to our smooth transition to self-management.”

Formerly known as Cornerstone Core Properties REIT, Summit Healthcare focuses on investing in senior housing real estate throughout the United States. Currently, the non-traded REIT’s portfolio consists of 12 long-term triple-net leased healthcare facilities.