Harrison Street Taps Jon Glass as Managing Director to Lead Senior Housing Asset Management Expansion

Harrison Street Asset Management has appointed Jon Glass as managing director within its senior housing asset management platform, the firm announced Sept. 22. Glass joins alongside Senior Associates Michael Corsini and Hardie Jackson, all three recruited from PGIM Real Estate and based in Chicago.

The additions bring Harrison Street's asset management team to nearly 70 professionals across North America and reinforce the firm's position as the largest private owner of senior housing in the United States, with $16 billion invested across 46,000 units since inception.

Jon Glass's Role and Responsibilities

In his new role, Glass will help lead asset management activities across Harrison Street's senior housing portfolio, overseeing strategy, driving asset performance, and directing value-creation initiatives. He will manage relationships with operating partners and third-party property managers, guide property-level business plans and capital improvements, and support dispositions. He will also work closely with the firm's transactions team to support continued growth of the senior housing platform.

Glass spent the previous eight years at PGIM Real Estate, where he served as executive director and head of senior housing asset management, leading asset management and strategic direction for that firm's senior housing portfolio.

Brandon Metzler, managing director and head of senior housing asset management at Harrison Street, will continue to lead the expanded team alongside Glass.

A Growing Development and Disposition Pipeline

The hires come as Harrison Street is actively deploying capital across its senior housing platform. In July, the firm announced it had closed or was in the process of closing 10 new development projects totaling more than $1.2 billion over the prior 18 months. The firm has also been active on the disposition side, building on a long-term track record of more than $7.3 billion in senior housing sales across 190 properties since inception.

The expanded team is expected to support Harrison Street's portfolio and pipeline of additional senior housing developments, with the firm citing the growing population aged 80 and older as a driver of demand for senior housing.

"The additions of Jon, Michael, and Hardie reflect our continued commitment to investing in exceptional talent as we expand our senior housing platform," said Ben Mohns, global head of asset management – real estate at Harrison Street. "They bring an exceptional track record of managing institutional-quality senior housing portfolios and will further strengthen our asset management capabilities at a time when the sector is benefiting from compelling demographic tailwinds and growing investor interest."

Senior Housing Market Conditions

The appointments arrive during a period of strengthening fundamentals in the senior housing sector. Occupancy across NIC MAP's 31 primary markets reached 89.9% in the second quarter of 2026, up from 89.5% in the first quarter, with occupied units increasing by nearly 3,700 during the quarter to reach 639,650 units. Fifteen of the 31 primary markets reported occupancy of at least 90% in the second quarter, and NIC projects industry-wide occupancy could exceed 90% by the end of 2026.

Supply constraints are amplifying the recovery. Senior housing inventory grew only 0.4% year over year in the second quarter, with fewer than 16,000 units under construction across the 31 primary markets. NIC's longer-term outlook indicates annual demand will soon require more than 100,000 new units per year, while the industry is currently delivering roughly 10,000 annually.

Improving occupancy and limited new supply have supported stronger pricing. Average senior housing cap rates were approximately 6.2% in the fourth quarter of 2025, with 85% of surveyed investors expecting additional cap-rate compression, according to data from Greystone.

Harrison Street's Broader Platform

Harrison Street Asset Management manages $110 billion in assets under management across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto, and London, the firm employs more than 600 people across offices in North America, Europe, Asia, and the Middle East, and serves more than 1,100 institutional investors and more than 300 registered investment advisors. Beyond senior housing, the firm is active in student housing, data centers, self-storage, and social infrastructure.