Business
Newmark Appoints Justin Shepherd as Co-Head of U.S. Healthcare Capital Markets Team
IRVINE, Calif., March 12, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and
About this update from Newmark Group, Inc.
[{"type":"text","content":"IRVINE, Calif., March 12, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) (\"Newmark\" or \"the Company\"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company has hired industry expert Justin Shepherd as Co-Head and Vice Chairman of its U.S. Healthcare Capital Markets practice, serving alongside Co-Heads and Vice Chairmen Ben Appel and Jay Miele as well as Vice Chairman, Head of Healthcare Debt John Nero.\n\n \n \n \n \n \n \n\n \n\"We are thrilled to welcome Justin to Newmark,\" said President of Capital Markets for North America Chad Lavender. \"His appointment is yet another example of Newmark's leading capital markets position in both alternative assets and the market landscape at large. We have been very successful in the healthcare sector, serving as a testament to our strategic focus on specialization and exceptional execution capabilities, and with Justin on board, we're poised to elevate our impact even further.\"\nSince its inception in 2021, Newmark's U.S. Healthcare Capital Markets practice group, comprised of Appel, Miele, Nero, Michael Greeley and Ron Ott, has been an industry leader in institutional investment sales, joint venture equity, portfolio transactions and debt placement. With leaders in Philadelphia, New York, Boston, San Diego and Los Angeles, the team has transacted in nearly every U.S. state, including arranging some of the most notable healthcare real estate joint venture, portfolios and single asset trades. Including transactions previously completed by Shepherd, the team will have collectively advised on nearly $40 billion of healthcare real estate transactions since 2021, with clients including some of the largest and most successful REITs, funds, advisors and LPs domestically and globally.\n\"Driven by a shared commitment to excellence, our practice is founded on talent, dedication and integrity,\" said Appel. \"With Justin's experience and track record in advising clients on high-profile transactions in the MOB sector, combined with his deep industry knowledge and strategic insights, he is a meaningful addition to our already robust team.\"\nBased in the firm's Irvine office, Shepherd specializes in Medical Outpatient Building (MOB) and healthcare real estate sales, rec...