Mark Chilcott, Vice President of Development


Combining 24 years of commercial development experience, Mark Chilcott joins our team as a champion of a

collective vision to develop a new generation of assisted living communities.  Our relationship began when his

company, PlazaCorp Realty Advisors, Inc., a commercial real estate development company based in Kalamazoo,

Michigan, retained Watercrest to provide the necessary advisory, leadership, and management services for

PlazaCorp to enter the senior living industry. Working together, a close relationship was developed based on the

mutual commitment to honor and serve others and a shared understanding that a servant leader culture is the

key to success.


Prior to joining WATERCREST, Mark’s development consulting company, namely Chilcott Development Services,

LLC, successfully completed several flagship economic redevelopments.  For seven years, his company specialized

in brownfield redevelopment, financing, development and leadership services to developers and local governments.


During Mark’s eleven years as Principal/Vice President of PlazaCorp Realty Advisors, Inc., he built and led the

operations team responsible for leasing, accounting, and property and construction management.   Specializing in

acquisitions and development, Mark and his team transformed PlazaCorp from a three (3) person company with four

(4) properties and thirteen (13) tenants to thirty-six (36) properties and over two hundred and fifty (250) tenants.  The

team successfully fought through and endured the deep recession that began in 2008 and emerged from this period

culturally and financially stronger.  In this same period, Mark and his team even grew their holdings by acquiring

numerous distressed properties.


Mark holds a Bachelor of Science in Commercial Recreation Management/Business Administration from Pennsylvania

State University.  He and his amazing wife Jan have been married for 18 years and blessed with daughter Mariah,

step-children Trent, Tiffani and Tabrina.



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