OUR EXECUTIVE TEAM
The partners of Headwaters have, on average, over 20 years of industry experience in design, development, operations, and finance.
Mike Hoagberg
CEO & PARTNER
Prior to Headwaters, Mike was in the healthcare practice at Houlihan Lokey. He advised on a wide range of sell-side and buy-side M&A transactions, debt and equity financings, and strategic advisory engagements. He has been involved in numerous healthcare transactions involving facility-based providers, including independent living and assisted living communities, memory care, and skilled nursing facilities, as well as hospitals and ancillary providers, including institutional therapy, home care and hospice, home infusion, and pharmacy. Prior to Houlihan Lokey, Mike was with TM Capital Corp., a New York-based investment bank focused on corporate finance, acquisitions, divestitures, and restructurings primarily in healthcare and consumer products. Mike graduated from St. Olaf College with a BA in economics and earned postgraduate degrees from the University of Virginia and the University of Minnesota.
Ryan Sailer
President & Partner
As President of Headwaters, Ryan is responsible for the oversight and execution of all aspects of the company, including day-to-day operations, long-term visioning, and implementation of the strategic plan. Additionally, Ryan is ultimately responsible for identifying new development and acquisition opportunities, obtaining municipal approvals, and identifying appropriate debt and equity strategies for each new opportunity. Ultimately responsible for the success of all stakeholders, he brings 20+ years of management and development experience, including new ground-up development, redevelopment, and reuse projects. Ryan holds a Bachelor of Science degree from the University of Minnesota’s Carlson School of Management.
Bjorn Strommen
Exec Vice President & Partner
Bjorn is responsible for overseeing all development and asset management functions of the company. This includes project feasibility, predevelopment, project financing, design and construction oversight, and all ongoing asset management activities, including property performance, capital expenditures, and lender and investor reporting requirements. He brings over 18 years of development experience through the management of several high-profile projects throughout the Midwest. Bjorn holds a Bachelor of Arts degree from Gustavus Adolphus College and a Master of Business Administration degree from the University of St. Thomas.
