Our Founder

Dr. Farideh R. Bagne, Owner, President and CEO 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 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 included medical oncology, gynecological oncology, surgery, and internal medicine.

 

Dr. Bagne has also 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 features 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 it's identity: "My Cruise Ship on Shore."

 

Dr. Bagne has two sons, two daughters-in-law, and seven grandchildren. She lives in Bloomfield Hills, Michigan.