BOCA RATON, FL—Commercial real estate veteran Max Newland has been promoted to managing director at locally-based Kayne Anderson Real Estate Advisors, the real estate private equity arm of Kayne Anderson Capital Advisors.
Kayne Anderson Real Estate Advisors is a $1.6-billion real estate platform that invests in specialized real estate sectors such as student housing, senior housing and medical office properties.
Newland joined Kayne Anderson in 2013. In his new role, he will continue to be responsible for origination, analysis, underwriting and execution of acquisitions for Kayne Anderson's real estate private equity platform. His expertise lies in healthcare-related real estate assets, such as senior housing and medical office, an area where KAREA sees a tremendous growth opportunity due to the changing demographic landscape, company officials say.
“Max is an accomplished professional with deep connections in the healthcare real estate world. He has been instrumental in helping to build our medical office and senior housing platforms,” says Al Rabil, managing partner and CEO of Kayne Anderson Real Estate Advisors. “We are pleased to recognize his contributions to our team and look forward to his continued success at KAREA.”
Prior to joining Kayne Anderson, Newland worked at Fremont Realty Capital, most recently as principal and a member of the private equity fund's investment committee. During his tenure at Fremont, Newland completed investments in the senior housing, self-storage, office, retail, residential, and hotel sectors. Prior to Fremont, he worked as an associate at Hampshire Equity Partners, where he evaluated and managed private equity investments. Newland began his real estate career as an analyst in the mergers and acquisitions group at Donaldson, Lufkin & Jenrette, Inc.
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