Scarp Ridge Capital Partners Launches With $300 Million Fund, Plans To Invest In Senior Housing Properties

Scarp Ridge Capital Partners, LLC, a new real estate investment firm, launched operations with a $300 million fund with plans to invest in hospitality and senior housing properties, including independent living, assisted living and memory care. The company’s co-founders are Rick Shamberg and Greg Rush. Both previously worked together in the senior living and behavioral health sectors, and have held positions in investment and leadership. Kari Schmidt is the organization’s managing director. Ms. Schmidt previously spent 23 years with Brookdale, serving as its senior vice president of strategic operations, division president, vice president of operations and regional . . .