News Release: CBRE’s U.S. Healthcare Capital Markets Group Expands with Post-Acute Specialist Jecoah Byrnes Joins Nation’s Leading Healthcare Real Estate Investment Team

PressReleaseIconCBRE’s U.S. Healthcare Capital Markets Group (HCMG) is pleased to announce the addition of Jecoah Byrnes to its national team of specialists. Mr. Byrnes will join national practice leaders Chris Bodnar (Denver) and Lee Asher (Atlanta) with a primary focus on the monetization of post-acute care facilities nationwide.
Since 2008, HCMG has been responsible for the sale over $2 billion in healthcare related assets in 20 states. As HCMG assesses the changing healthcare landscape, influenced by an aging population and federal healthcare legislation among other factors, a clear area for potential growth has emerged in the post-acute space. Each year more than 10 million Medicare beneficiaries are discharged from acute care hospitals into post-acute care settings. This sector is expected to grow significantly over the next decade, which hasn’t gone unnoticed by the investment community.

“Health systems around the country continue to focus on providing patients with a continuum of care options, including skilled nursing, long-term acute care and inpatient rehabilitation,” said Chris Bodnar, Senior Vice President and co-founder of HCMG. “Adding Mr. Byrnes to our team ensures we are well-positioned to anticipate and accommodate the future delivery model of healthcare and offer our clients the most comprehensive, strategic counsel surrounding assets within this space.”

Mr. Byrnes cultivated his strong background in investment sales and healthcare real estate developing both health system and institutional healthcare real estate strategy for his clients. He previously worked in the National Healthcare Services Group at CBRE.

“I’m thrilled to join the HCMG team with a focus on such a critical asset class within the healthcare industry,” said Mr. Byrnes. “As an aging population increases the strain on health systems and drives higher utilization of post-acute care facilities, we are perfectly aligned to  advise our clients in developing the best acquisition or disposition strategies locally and nationally. Healthcare is becoming more integrated, and it’s critical for owners, operators and investors to be well-equipped to meet the impending demands of a rapidly growing healthcare environment.”

Mr. Byrnes will be based in CBRE’s Newport Beach, California office.

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