V. Edward Grogg 

Biography

    V. Edward Grogg is the President/CEO and Founder of Carmel, Indiana based Ellipsis Ventures, LLC.  Ellipsis Ventures is an investment company specializing in senior care real estate and health care technology companies that are laser focused on differentiating themselves within their respective markets.  Ellipsis partners with companies to assist them in bringing the necessary capital for the expansion of their products as well as to assist them in achieving their overall growth plans.  Prior to Ellipsis, Mr. Grogg was the President/Principal of Carmel, Indiana based Mainstreet Property Group, the largest developer of Next Generation™ Skilled Nursing & Short Term Rehabilitation properties in North America.  With 35+ years of experience in the senior living field, Mr. Grogg’s background in leadership and management oversight allowed him to be actively involved in all aspects of the company’s growth including acquisitions, new development and operator relationships.  During his tenure at Mainstreet, the company grew from ~$25,000,000 in assets to ~$1,000,000,000 in assets over the 7 year period.  Also during this period, the company launched a successful IPO on the Toronto Stock Exchange under HealthLease Properties REIT on June 20, 2012.  HealthLease was later sold to Health Care REIT (HCN) in November 2014.  Mr. Grogg joined Mainstreet in May 2007 as a partner and sold his interests in June 2014.  

Research Interest