Lynne Katzmann founded Juniper Communities, which invests in, develops and operates senior living and long-term care communities at the age of thirty-two. Bringing with her no financial backing, a mere six year’s business experience and a PhD in economics, her mission was to improve the last years of life for seniors.
Katzmann believed that a woman could and should lead this business where the customers—staff, residents and family caregivers—were predominantly women. Her goal was to make Juniper profitable for investors; and as a founder of the then nascent social corporate social entrepreneurship movement, she would adhere to the double bottom line: doing well by doing good.
Today, 33 years later, CEO Katzmann continues to actively lead Juniper, now with 28 properties in four states, more than 2,000 Associates, and $13 million in revenues. Juniper is ranked #12 by Crain’s New York on its annual Top 50 ranking of woman-owned companies for the New York tri-state area.
Juniper’s investors have enjoyed double digit annual returns while her residents, their families and Juniper Associates give the company high marks on annual customer satisfaction studies. Health-related metrics, such as low hospital readmissions, support Juniper achievements with hard data indicators.
Katzmann received her undergraduate degree from Tufts University and her PhD from the London School of Economics.
Juniper is based in Bloomfield, New Jersey.
2022 - Global learnings from the pandemic
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