From 1991 to 1997, Larry was President and CEO of the Berkshire Group (Berkshire), a privately held firm with subsidiaries in long-term care, multifamily real estate, and mortgage banking industries with over $10 billion in assets under management.
From 1984 to 1990, he served in various senior executive capacities with Berkshire, with responsibilities for real estate acquisitions, mortgage banking, fundraising and strategic planning. Under Larry’s direction, Harborside Healthcare, the long-term care subsidiary of Berkshire, successfully completed an IPO and grew to more than 5,000 long-term care beds. While at Berkshire, Larry also served as President, Chief Executive Officer and Director of Berkshire Realty Company and Chairman of Berkshire Mortgage Company. Prior to joining Berkshire, he was a management consultant with Bain & Company and a senior tax accountant with Arthur Andersen & Company.
Larry received his BS in Economics from the University of Pennsylvania and his MBA from Harvard Business School, where he was a Baker Scholar.