Our Team


Arnold Whitman

Executive Chairman

Joe McDurmont, CPA

Chief Financial Officer

Nela Powell

Chief Compliance Officer, Senior Vice President

Eugenia Hobbs, CPA

Vice President

Ewan Bain


Katy Crane

Administrative Manager

Our Partners

Singularly focused on transforming senior living and care, Formation Capital is led by a seasoned team of professionals with decades of experience and deep sector expertise. Our complementary skills enable us to deliver flexible, long-term financial solutions to build, renovate, operate and optimize senior housing. We work hand-in-hand with our broader ecosystem to creatively optimize value-creation by enhancing properties and focusing on patient well-being, healthcare outcomes and overall safety and efficiency.

We welcome your inquiries.

Thank you for visiting our website and learning about our business. If you have any questions or comments, please feel free to contact us via phone or this form.

Formation Capital LLC

3550 Lenox Road NE

FL 21 #6345

Atlanta, Georgia 30326

770-754-9660 Phone

770-754-3085 Fax