Abraham David Gosman (1928–2013) was an American

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

investor and nursing home magnate from

Manchester, New Hampshire Manchester is a city in Hillsborough County, New Hampshire, United States. It is the most populous city in New Hampshire. At the 2020 census, the city had a population of 115,644. Manchester is, along with Nashua, one of two seats of New Hamp ...

Early life

Gosman was born in 1928 in Manchester to a Jewish family. His parents were Russian immigrants. He was the only child of factory foreman Morris Gosman and his wife Sarah. Abraham graduated from

Manchester Central High School Manchester High School Central is the oldest public high school in the state of New Hampshire. Located in the heart of Manchester, New Hampshire, approximately 1,200 students attend from communities such as Hooksett and Manchester, and it forme ...

in 1945 and from the

University of New Hampshire The University of New Hampshire (UNH) is a public land-grant research university with its main campus in Durham, New Hampshire. It was founded and incorporated in 1866 as a land grant college in Hanover in connection with Dartmouth College, mo ...

in 1949.

Career

Gosman made his career in

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

area real estate in the 1960s and 1970s by purchasing large, rundown mansions and converting them into

nursing home A nursing home is a facility for the residential care of elderly or disabled people. Nursing homes may also be referred to as skilled nursing facility (SNF) or long-term care facilities. Often, these terms have slightly different meanings to in ...

s. His attempted takeover of Multibank Corp. of

Quincy, Massachusetts Quincy ( ) is a coastal U.S. city in Norfolk County, Massachusetts, United States. It is the largest city in the county and a part of Greater Boston, Metropolitan Boston as one of Boston's immediate southern suburbs. Its population in 2020 was 1 ...

resulted in a large payoff with which he fully focused on the nursing home business. By the 1980s, Gosman took his company Mediplex public, and in 1985, he founded a spin-off company, Meditrust, of which he assumed the positions of chairman of the board and CEO. The company at the time became one of the largest health care real estate companies in the United States, investing in nursing homes, retirement and assisted living facilities, rehabilitation facilities and others. In 1996 ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' estimated Gosman to have a fortune of $480 million. Gosman declared

Chapter 11 Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, wheth ...

personal bankruptcy in 2001. In 2004,

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...

salvaged Gosman's Palm Beach mansion Maison de L'Amitie from the U.S. Bankruptcy court and featured it in his TV show ''

The Apprentice ''The Apprentice'' is a Reality competition, reality talent game show franchise originally aired in 2004 in the United States. Created by U.S.-based British producer Mark Burnett, the show depicts contestants from around the country with variou ...

''.

Personal life

Gosman was married three times and had six children.

Death

Gosman died at 84 in 2013.

References

{{DEFAULTSORT:Gosman, Abraham 1928 births 2013 deaths People from Manchester, New Hampshire 20th-century American businesspeople American real estate businesspeople 20th-century American Jews Businesspeople in the health care industry American health care businesspeople 21st-century American Jews Manchester Central High School alumni