VICE PRESIDENT OF ASSET MANAGEMENT
AMERICAN HOUSE AT REDICO, SOUTHFIELD
EMPLOYEES: 3,500+
REVENUE: $200M
COLLEGE: MIAMI UNIVERSITY (OHIO)
There’s an old adage in business that says more deals get done on the golf course than in a conference room. Steve Wierzbicki, vice president of asset management for American House at REDICO in Southfield, is living proof that it’s true.
While attending St. John Jesuit High School in Toledo, Ohio, he caddied at Toledo Country Club for the CEO of Welltower, a $40 billion health care REIT. That CEO offered him an internship when he graduated from Miami University.
The internship led to a job offer, and Wierzbicki pivoted from his original career path as a high school math teacher to managing senior living facilities.
At Welltower, he started doing financial planning and analysis, even though he was hired to be part of the investment team. Between 2010 and 2019, he actually did do investment work and ended up as a senior vice president overseeing senior living assets. His responsibilities included overseeing portfolio values exceeding $7 billion and developing investment strategies for senior housing, acute care, and medical office facilities.
From Welltower, he joined Navion Senior Solutions, but COVID-19 hit four months later.
“I was tasked with figuring out all the PPP loans and all the provider relief stuff that was going on at the time,” Wierzbicki says. “As the company grew, I evolved as the CFO.”
From 2019 to when he left the company in 2022, Navion expanded to include 36 properties under management; when Wierzbicki started with the company, there were just 10 properties.
“When I left Welltower, I wanted to grow something — which we started to do at Navion,” he says.
Wierzbicki’s desire to grow businesses continued to blossom when he joined REDICO in 2022 as director of asset management. In that role, he manages the real estate firm’s American House holdings. He was promoted to vice president of asset management this year.
Currently, he’s responsible for the financial performance and long-term value creation of American House, a $1 billion senior housing portfolio spanning 65 communities across the Midwest, Florida, and the East Coast.
Wierzbicki leads community and portfolio-level strategy focused on growth, margin expansion, and enhanced investor returns.
At the same time, he works closely with capital partners to execute refinancing strategies, asset repositioning initiatives, and long-term investment planning.
Since joining American House, Wierzbicki has helped drive 12 percent year-over-year growth, increased occupancy by 5 percent, and supported sustained margin expansion across the portfolio. He also focuses on building alignment across operations, finance, and investment partners.
He says he’s passionate about mentoring emerging leaders and building scalable processes that support long-term growth across the organization and the industry.
“I’m someone that does more than punch the clock,” he says. “I want to contribute and grow an organization. I’ve become a finance guy over the years, but mission is also important to me.
“The senior living business allows me to work with numbers and margins, but also the people within our organization who execute the mission — which is providing care and services for the senior population. It’s important that I stay involved with a company that values that.”
— Tim Keenan
