1977: Mark Hamister, the founder and CEO of The Hamister Group, started his first senior living company. This company evolved into National Health Care Affiliates, Inc. (NHCA), one of the top 20 long-term care and sub-acute providers in the United States.
1980's: National Health Care Affiliates, Inc. made the Inc. 500 list five times, earning it a spot in the Inc. Magazine Hall of Fame.
1996: NHCA had 37 business units in six states and annual sales exceeding $100 million. NHCA exceeded industry standards throughout most of its tenure. It was so highly recognized that other companies engaged NHCA to manage their facilities.
1996: NHCA's Research Group had predicted that market factors would cause long-term-care and home-care companies to make a choice between quality and profitability. Since NHCA was unwilling to sacrifice either one, company leaders decided that it was time to sell. In 1996, a larger company purchased the majority of NHCA's business units for $134 million. NHCA's customers and co-workers had the opportunity to continue their relationships with a reputable organization. Shareholders attained an internal rate of annual return on their investment exceeding 38%.
1997: Hamister and other shareholders purchased Health Services of Northern New York, Inc. (HSNNY), a home care agency in St. Lawrence County, NY. HSNNY is a separate corporate entity managed by The Hamister Group, Inc. At the time of purchase, the annual sales were under $5 million; by 2007, sales exceeded 7.4 million.
1997: Hamister purchased the Buffalo Destroyers, an arena football team. The team was sold in 2004.
1999: Hamister formed Premier Self Storage, Inc., a self-storage company that offered improved security, high cleanliness standards, and convenient refuse disposal.
2002: The MedLink Group, Inc., another part of NHCA's operations, sold its home-health and supplemental staffing offices. After the MedLink sale, HSNNY and three Western New York assisted living residences (Brompton Heights, Orchard Heights, and Heather Heights) were the only health care businesses that remained in Hamister's portfolio.
2002: The Hamister Group, Inc., a management company that provides services by contract to a host of independent companies, was formed. All companies managed by The Hamister Group, Inc. operate with full individual corporate integrity.
2004: Mark Hamister founded The Hamister Hospitality Group, LLC in 2004; the primary objective of this organization is hotel acquisition.
2004: Acquisition of Smyrna Nashville Fairfield Inn & Suites by Marriott and Smyrna Nashville Sleep Inn & Suites.
2005: Hamister sold Premier Self Storage to Public Storage, Inc. (a publicly traded REIT) for $17,518,326 (37% to 41% IRR to investors). This is the second time that Hamister delivered exit returns that exceeded 35% per annum.
2005: Acquisition of Knoxville Airport MainStay Suites, Louisville Sleep Inn & Suites and Lebanon Nashville Sleep Inn & Suites.
2006: Acquisition of Pittsburgh Cranberry Township Residence Inn, Pittsburgh Cranberry Township Hampton Inn, Pittsburgh Airport Hampton Inn, Pittsburgh Greentree Hampton Inn, and Pittsburgh Cranberry Township Holiday Inn Express.
Present: The Hamister Hospitality Group, LLC and The Hamister Group, Inc. continue to look for attractive purchase, construction, and management opportunities. The group plans to add several hotels to its portfolio each year.
In Memory of Our Dear Friend and Corporate Officer
LISA CLARK DRISCOLL
July 24, 1958 - January 25, 2006
Former Senior Vice President, Business Development
Lisa Driscoll led the acquisition and development programs of The Hamister Group and its affiliated companies. She began her career in 1982 as an intern while completing an MBA in Health Systems Management at the University at Buffalo. Lisa developed a strong background in sports management, strategic planning, operations, and marketing. As Senior Vice-President she focused on acquisition and development activities. Lisa chaired annual management training conferences and was an insightful contributor to company planning. She was the recipient of many leadership awards. Co-workers could always count on her to provide sound advice and candid assessments. She was thoroughly committed, unfailing, and an extremely hard worker. Moreover, Lisa Driscoll was a confidant, a friend, and a partner in the truest form of the word. She will be dearly missed by everyone. Lisa lived in Orchard Park, NY, and is survived by her husband Michael and their three children. She was a beloved Mother and Wife and talked about her children and her husband frequently at the office.
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