Newmark Group announced on March 12, 2025, the hiring of industry expert Justin Shepherd as Co-Head and Vice Chairman of its U.S. Healthcare Capital Markets practice. Shepherd will serve alongside Co-Heads Ben Appel and Jay Miele, and Head of Healthcare Debt John Nero.
Shepherd specializes in Medical Outpatient Building (MOB) and healthcare real estate sales, recapitalizations, joint venture equity, and financing across the country. Over his 15 years of experience, he has facilitated over $20 billion in healthcare real estate transactions and advisory services.
Since its inception in 2021, Newmark's U.S. Healthcare Capital Markets practice group has collectively advised on nearly $40 billion of healthcare real estate transactions. Shepherd's appointment is expected to elevate the team's impact and reinforce Newmark's leading capital markets position in alternative assets.
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