Team

Smith/Packett’s team of seasoned professionals provides extensive expertise in the development, acquisition, financing, and operations of long term healthcare.

Over the years, we have established solid operating partnerships and have broad based experience with governmental agencies regulating all aspects of senior care facilities.

Our track record speaks for itself. We successfully navigate regulatory, financial, and operational hurdles to complete projects on time and on budget.

Principals

Jim SmithJAMES R. SMITH, founder of Smith/Packett, has over 30 years of experience in the development and operation of long-term care facilities. Over the years, Jim has directed efforts within his Company to work with municipalities throughout Virginia to replace elderly care facilities operated by local governments. His Company has also focused on partnerships with management companies and other healthcare providers to provide long-term care facilities in many underserved areas.

Jim has extensive experience in reimbursement payor systems and is a recognized expert in Medicare and Medicaid and other long-term care issues. As a result, he frequently serves on national and state committees on reimbursement reform. He has served multiple terms on the Board of the Division of Medical Assistance for the Commonwealth of Virginia. Jim is currently the Chairman of the Virginia Tech Carilion School of Medicine in Roanoke, Virginia

Hunter SmithHUNTER D. SMITH, President and Principal, has a Master’s of Business Administration from University of Virginia’s Darden School of Business. Hunter obtained his undergraduate degree from Hampden-Sydney in History and Economics, where he graduated Summa Cum Laude and as a member of Phi Beta Kappa.

Hunter is a licensed real estate broker in Virginia and West Virginia. In 2001, Hunter founded Integra Realty, which has become a leader in marketing luxury condos in Roanoke. He is a licensed real estate broker and has served as a board member of the Western Virginia Science Museum, Council of Community Services Board, Virginia’s Healthcare Association on Assisted Living and on Virginia’s Healthcare Association Rules and Regulations Committee.

 

Executive Team/Legal Team

Will HolmesWILLIAM M. HOLMES, Executive Vice President of Development & Construction, has over 30 years of experience in the development and construction industries, working for Marriott International for over 20 years. Will brings a unique skill set to Smith/Packett, including considerable experience in building Assisted Living facilities in multiple states from the ground up, the acquisition of multiple types of senior living facilities, the acquisition of luxury apartment communities, and creating and managing other commercial real estate planned home developments.

Will holds a Master of Business Administration in Accounting and Finance from the University of Pittsburgh and a Bachelor of Arts in Economics and Business Administration from Western Maryland College.

 

WINN BISHOP, Winn Bishop is Senior Vice President of Development and Construction for Smith/Packett. Winn is a seasoned commercial real estate executive with specialized knowledge in the development of shopping centers, office buildings, medical facilities, senior living facilities, hotels, restaurants, and multi- and single-family projects.

Winn has been responsible for directing all aspects of real estate development, leasing, and management. His 32 years of diverse experience includes land and building acquisitions and dispositions, site selection, re-zonings, planning, construction, renovation, redevelopment, financing, architectural and engineering coordination, marketing, staff hiring, opening, and daily operations. Winn is a graduate of Averett University, with concentrated graduate level MBA course work at Liberty University.

 

Kim BalesKIMBERLY BALES, Chief Financial Officer, joined Smith/Packett in November, 2009. Kim earned her Master’s of Business Administration in Accounting and her Bachelor of Business Administration in Management from the University of Mary Hardin-Baylor.

She has over 16 years of experience in various accounting roles at both non-profit and for-profit organizations. Kim’s previous experience includes management of accounting teams as a Corporate Controller for a privately held holding Company which included manufacturing, government contracting and service organizations.

 

Craig PennyCRAIG A. PENNY, General Counsel, is a member of the Virginia State Bar and joined Smith/Packett in 2010. Prior to joining the Company, Craig practiced law for 6 years with a firm in Lexington, Virginia. During his years of private practice, Craig advised clients on commercial and residential real estate transactions and financing, corporate administrative and transactional matters, contracts and business issues. Much of his private practice was devoted to representing corporations and individuals in litigation.

Craig is admitted to practice before the U.S. District Courts for the Western and Eastern Districts of Virginia, the U.S. Bankruptcy Court for the Western District of Virginia and all of the Virginia state courts. Craig served as president of the Rockbridge-Lexington-Buena Vista Bar Association in 2007 and was a Circuit Representative for the Young Lawyers Conference of the Virginia State Bar from 2006 through 2010.Craig graduated from Washington & Lee University with a Bachelor of Arts degree in History and received his law degree from Villanova University School of Law.

 

Peyton BiddlePEYTON R. BIDDLE, III, Attorney, is a member of the Virginia State Bar and joined Smith/Packett in 2014. Prior to joining the Company, Peyton practiced law for 7 years with a law firm in Roanoke, Virginia. Prior to practicing in Roanoke, Peyton practiced briefly in Washington, DC. During his years in private practice, Peyton advised clients on various matters including corporate transactions, real estate transactions, dispute resolution, debtor and creditor rights, contracts and business issues. In private practice, Peyton had a wide range of litigation experience and tried both bench and jury trials to verdict.

Peyton is admitted to practice before the U.S. District Court for the Western Districts of Virginia, the U.S. Bankruptcy Court for the Western District of Virginia and all of the Virginia state courts. Peyton graduated from Washington & Lee University with a Bachelor of Arts degree in Philosophy and received his law degree from Tulane University Law School in 2006.

 

Investment Professionals

Daniel DornDANIEL L. DORN, joined Smith/Packett in July of 2010. Daniel’s primary responsibilities as a Senior Analyst include acquiring debt and equity financings, analyzing prospective acquisitions or development projects, and providing decision support analysis for the senior officers at Smith/Packett.

Daniel is particularly adept at the use of Excel in analyzing the returns of projects through discounted cash flows and pro forma operating projections. Over the last year, Daniel has participated in debt and equity financings for over 12 projects with total funding in excess of $120 million. Prior to his work as a Senior Analyst at Smith/Packett, Daniel was a Development Coordinator and a Financial Analyst at Smith/Packett. Daniel graduated Magna Cum Laude in Economics from the Pamplin College of Business at Virginia Polytechnic Institute & State University, and has completed an MBA from Pamplin College of Business as well.

David WiggingtonDAVID G. WIGGINGTON, Market Data Analyst, joined Smith/Packett in January of 2014.  David graduated from Virginia Tech with a degree in Accounting in December of 2013.  David’s primary responsibilities include providing decision support analysis for the senior officers at Smith/Packett and analyzing prospective new development projects.  He brings previous experience from working in a local retirement community in Roanoke and has a deep understanding of day to day needs of today’s seniors.

David is proficient with databases and analyzing large amounts of data.  David tracks markets in 16 states in the southeastern United States and Washington, D.C.  His attention to detail and penchant for statistical analysis helps Smith/Packett make precise revenue and expense projections to secure debt and equity financing for future projects.  His analysis is also key to recognizing trends in the senior housing industry and to the front-end of site selection for new development.

 

Development Team

Justin NewmanJUSTIN NEWMAN, joined the Company in June 2012 as a Development Coordinator after completing his MBA at Virginia Tech with concentrations in Organizational Management and Strategy, General Management, and Marketing.

Prior to returning to school for his Masters, Justin received a Bachelor’s degree in Economics from Christopher Newport University’s Luter School of Business. Justin worked in construction management and advertising in Hampton Roads, VA and Charlotte, NC before returning to school and joining Smith/Packett.

 
 

Aubury HolmesAUBURY HOLMES, Senior Development Coordinator, worked for Habitat for Humanity prior to beginning employment with Smith Packett in various capacities for five years, most recently in the role as the Family Services Director. Aubury has volunteered in the United States and around the world with Habitat for Humanity for the past fourteen years. Aubury served for a year as an AmeriCorps *VISTA with Habitat for Humanity. Aubury volunteered in the local community in southwest Georgia on the Board of Directors for New Horizons Habitat for Humanity, Board of Directors for American Literacy Action Inc., and the Board of Directors for the Ferst Foundation.

Aubury earned a Global Masters in Business Administration from Thunderbird School of Global Management in 2011, and a Bachelors of Science in Economics with a concentration in Finance and a minor in Mathematics in 2006.