UpClose with Newmark’s Chad Lavender

➤➤ Join the GlobeSt.HEALTHCARE (formerly RealShare) conference December 3-4 in Scottsdale, AZ. The event will cover the industry’s major issues as well as the prevailing and upcoming trends in regulations, space use, budgeting, and technology implementation. Through panel discussions and peer-to-peer networking opportunities, the attendees will gather expert insights on how these factors will affect the development, operation, investment and design of healthcare real estate. Click here to register and view the agenda.

Newmark Knight Frank vice chairman, Chad Lavender, is a diligent self-starter in healthcare commercial real estate. At 25, Lavender co-founded a leading brokerage seniors housing group with Ryan Maconachy; the two have continued to build-out this platform since, being appointed as co-heads of Newmark Knight Frank’s Healthcare and Alternative Real Estate Assets Capital Markets platform earlier this year.

In preparation for our upcoming GlobeSt.HEALTHCARE Conference, we wanted to highlight Lavendar as one to watch in the industry. Throughout his decade-long commercial real estate career, Lavender has become a leading expert in the healthcare and seniors housing sphere and has completed more than $17 billion in transactions throughout the US, with an annual transaction volume of more than $3 billion each of the last three years.

He began his career in seniors housing brokerage before the asset class was established as a competitive investment type for institutional capital. He observed demographic and economic shifts—baby boomers making up the largest part of the US population and that the largest portion of US GDP is spent on healthcare. His understanding of these trends helped Lavender create a fully connected, one-stop platform that serviced seniors housing, medical office and hospital capital markets on behalf of institutional clients who were investing across the healthcare industry.

Lavender also makes an impact outside of his involvement in the commercial real estate industry in many ways. He has been on the Board of Visitors at the University of Alabama for the past two years, where he holds the position of executive chair for associate members (those under the age of 40). As one of three executive chairs, Lavender helps to lead the organization in its efforts to mentor students, fundraise, and guide the path for the future of the business school.

Lavender is also on the executive committee for, and was integral in the establishment of, Hope Fest: Live from Harwood, which is an annual charity concert, in support of three to four organizations annually. Additionally, Lavender is on the executive board member of the American Seniors Housing Association (ASHA); and has been a member of Urban Land Institute’s Seniors Housing Council for five years.

Since establishing the practice early this year, Lavender and Maconachy have continued to recruit for best-in-class talent and expand the Healthcare & Alternative Assets platform at Newmark Knight Frank. In April, executive managing directors Heidi Brunet and Lisa Lautner, who departed Berkadia, were brought on to specialize in seniors housing, bringing the platform to a total of seven professionals in under a year.

We expect to see great things to come from Lavender and from other healthcare professionals in the industry, some of whom we are highlighting in the upcoming November/December issue of GlobeSt. Real Estate Forum Magazine.