Biz Journals – In what may be a major expansion into the development of senior housing nationwide, Calamar Enterprises Inc. has created a joint venture with one of the country’s largest hedge fund operators.
Kenneth Franasiak, Calamar president and CEO, confirmed that his Wheatfield-based development company has teamed up with New York-based Mount Kellett Capital Management LP to finance and help develop a series of “independent light” senior housing developments across the U.S.
