James A. Stroud

Jim Stroud (born September 2, 1950) is Chairman of the Board of Capital Senior Living, one of the major developers of senior living communities in the United States. Mr. Stroud has served as an officer and a director of Capital Senior Living or its subsidiaries since December 1988. From 1984 until 1985, he was Executive Vice-President of Equity Management Corporation, based in Dallas, a full service real estate company. From 1980 to 1983, he was director in charge of the Tax Department of the law firm of Baker, Glast & Middleton, based in Dallas. From 1978 until 1980, he was an associate with Brice & Mankoff (formerly Durant and Mankoff), a Dallas law firm.

Stroud is a Certified Public Accountant and a licensed attorney. He received his B.B.A. from Texas Tech University with highest honors, and graduated Valedictorian of his class. He also received his J.D. from the University of Texas at Austin where he graduated with honors, and his L.L.M. in taxation from New York University, also with honors.

While at New York University, he was a graduate editor of the New York University Tax Law Review and a Wallace Scholar, the highest honor a student can receive. Mr. Stroud is a founder and director of the Assisted Living Facilities Association of America, a member of the Health Industry Council, President-elect of National Association for Senior Living Industries ("NASLI"), and has delivered speeches on health care topics to the NASLI, National Investment Conference and the Urban Land Institute. He lives in Dallas with his wife and son.

Business
After New York, he moved to Denver to practice accountancy and tax Law. His true success came much later when he moved to Dallas, Texas. Here, he practiced tax law and acquired a large client base. After accumulating large amount of cash, he began to invest in real estate nationwide. He co-founded Capital Realty Group in 1984, and soon became a well-known Dallas developer. At this same time, Stroud started Capital Senior Living, a private health care company.

Personal life
He married Lynn Mulberry in 1982, and they had two children, William and Jennifer. When Jennifer was 6, she was diagnosed with acute myeloid leukemia (AML), a type of leukemia which was then fatal in 95% of the cases; she died two years later. Following her death, the Jennifer Lynn Stroud Foundation, a private non-operating foundation based in Dallas was established.. The foundation is a major supporter of in Dallas and The University of Texas M. D. Anderson Cancer Center in Houston, both places where Jennifer received treatment.

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