The Gold Standard of Senior Living
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Administration

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Dr. Farideh R. Bagne – President & CEO. Dr. Farideh R. Bagne, Owner, President and CEO of the Village of Magnolia by the Lakes received her Bachelor degree in Physics and Mathematics from Michigan State University and her Master and Doctorate degrees in Nuclear Physics from the University of Pennsylvania. She has also earned a law degree from the Wayne State University and is a licensed attorney in the State of Michigan. Dr. Bagne was a full professor at the Medical College of Ohio. In addition, she has served as a faculty member at the Dartmouth Medical School, Wayne State University Medical School and Duke University Medical School. Dr. Bagne established and operated the largest, privately-owned conglomerate of cancer centers in the United States, including seven Radiation Therapy Centers in the Metropolitan Detroit area. In addition to radiation oncology, the practice also included medical oncology, gynecological oncology, surgery and internal medicine. 

Dr. Bagne also has owned and operated Mercury Medical Systems and Federal Collections, a billing company for physicians. Being a true visionary, Dr. Bagne has created a unique concept in senior living – Magnolia by the Lakes, the Gold Standard of Senior Living. Magnolia will feature 125 villas and studios overlooking both Cass and Sylvan Lakes in Keego Harbor, Oakland County. Magnolia by the Lakes is a winterless Village attracting Michigan seniors who have left Michigan because of cold winters. The Village operates similarly to a cruise ship, hence its identity: “MY CRUISE SHIP ON SHORE.”

Dr. Bagne has two sons, two daughters-in-law, and seven grandchildren ranging from four to eleven years old. She lives on Vaughan Road in Bloomfield Hills, Michigan.

 

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