Global property consultancy Knight Frank has boosted its healthcare and senior living team with the recruitment of five new senior managers.
David Fasano has been appointed Senior Managing Director, with Ross Sanders and Sarah Anderson recruited as Managing Directors and Ryan Maconachy and Chad Lavender taking on Vice Chairman roles. All are specialists in the senior housing and care market with Maconachy, Lavender, Fasano and Sanders specialising in investment and sales and Anderson specialising in debt and equity.
Julian Evans, Head of Healthcare at Knight Frank, said: “These are first-class hires by Newmark Knight Frank as they will bring further depth to Knight Frank’s global healthcare and senior living offer. Our market-leading team is truly globally connected to ensure our clients are receiving best-in-class advice in both brokerage and advisory services.”
Bringing over 25 years of combined experience, Lavender and Maconachy have completed more than $30 billion in combined healthcare-related transactions, while Fasano and Sanders have been involved in more than $12 billion of deals on behalf of some of the USA’s largest healthcare and senior housing owners. Anderson has financed over $7 billion on behalf of some of the USA’s most active industry sponsors. In addition to senior housing, Maconachy and Lavender will also focus on medical office, life sciences and hospitals, as well as other alternative real estate asset classes.
Julian added: “The UK healthcare and senior living industry is very immature compared to the US and requires huge investment just to keep up with present demand, never mind the future. With medical advances and an ageing population, the UK does not have the facilities to cope with the requirements that this section of society is going to need going forward.
“Knight Frank has the global platform with a highly skilled, knowledgeable and experienced team that is uniquely positioned to drive further investment in the UK market and go some way to catching up with the sophisticated US model.”