Mr. Rulnick has over 15 years of experience in the senior living field. Since joining Herbert J. Sims & Co., Inc., in 1997, Mr. Rulnick has been involved in financing the development, acquisition, expansion and refinancing of nursing homes, continuing care retirement communities, senior housing and assisted living facilities for both not-for-profit and for-profit clients. His experience encompasses over 55 transactions totaling in excess of $2.0 billion, utilizing a wide range of structures including: unrated, investment grade rated, insured and letter of credit enhanced bond issues, as well as subordinate debt. Mr. Rulnick is a member of the Financial Advisory Panel of CARF-CCAC. He also currently serves on the Board of Directors and Finance Committee of a large long-term care and senior housing provider in the greater Washington, DC area and also serves as Vice President of the Board of their HUD Section 236 independent living facility.

Prior to joining Sims, Mr. Rulnick worked for the American Association of Homes and Services for the Aging ("AAHSA") where he was responsible for educational program development for AAHSA's national conferences and seminars. In this capacity, he focused on critical issues affecting senior living providers, including: public policy, operational and financial issues, capitalization, design, and marketing. Mr. Rulnick earned his Bachelor of Science degree in Housing and a Certificate in Gerontology from the University of Maryland, with a Citation from the Honors Program. He earned his Masters of Public Administration degree with a concentration in Policy Analysis from The American University.