NEW YORK CITY – Newmark Knight Frank has appointed veterans Jay Miele and John Nero as senior managing director and managing director in its global healthcare services practice group to assist with the expansion of its healthcare services advisory which also includes its healthcare & alternative real estate assets platform, according to a company announcement.
Applying their 35 years of experience and joining NKF from Hammond Hanlon Camp, LLC, the pair will advise on health systems, developers, capital expenditures and financial strategy.
The appointment comes as the industry sees increased demand for capital and cost reduction in the healthcare industry, according to Todd Perman, vice chairman of global healthcare services. "Our team is committed to further expanding our platform to leverage technology, strategy and financing for our clients," he said in a prepared statement.
Since the start of the year, NKF went full steam ahead bulking up its healthcare platforms, tapping its healthcare & alternative real estate assets co-leads Chad Lavender and Ryan Maconachy to join the team. In addition to the firm's recent hiring sprees, it has made moves to streamline its healthcare services advisory for full-service across capital markets, according to Lavender.
In a little over three years, the ghs and healthcare & alternative real estate assets platforms combined have transacted a total volume of $15 billion.
Walking through the door at NKF, both Miele and Nero will contribute to the cross-collaboration between NKF's platforms to continue to build out the health care services advisory. "We were attracted to NKF by the organization's highly entrepreneurial culture, collaborative cross-specialty engagement and expanding resources within the healthcare services industry, particularly," said Nero in a prepared statement.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
