Industry Veteran Joins Team Within Firm’s National Healthcare Advisory Practice
NASHVILLE, Tennessee, January 17, 2023 – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced that Sushil Puria has joined the company’s national Healthcare Advisory Practice. Puria will serve as an Executive Director on the Healthcare Capital Markets Team and be based in the firm’s Nashville office.
In this new role, Puria will join Travis Ives and Gino Lollio focusing on sourcing and executing healthcare capital markets transactions nationally for Cushman & Wakefield. He will also work closely with members of the Healthcare Advisory Practice to support the firm’s healthcare provider clients, including healthcare systems, physician practices, and ancillary services providers, providing strategies to leverage their real estate portfolios to optimize both their footprints and their balance sheets.
“We’re delighted to enhance our Healthcare Capital Markets team and continue to invest in one of our most important, strategic sectors,” said Dan Broderick, Cushman & Wakefield’s President of Americas Advisory Services. “Given healthcare’s role in the U.S. economy and the expected growth in demand for healthcare services, along with the shift to outpatient sites of care, we believe the sector will continue to perform well.”
Lorie Damon, Cushman & Wakefield’s National Leader for Healthcare Advisory, noted, “Sushil is a strategic addition to our Healthcare Capital Markets Team. His depth of expertise and industry insight will further enhance our healthcare platform and our ability to deliver unmatched expertise and services to clients.”
Puria is a well-known healthcare real estate industry veteran with nearly 15 years of experience acquiring medical office buildings across the U.S. as a First Vice President at Healthcare Realty, the nation’s largest publicly traded medical office REIT. While in this position, Puria led the sourcing and acquisition of $2.26 billion worth of healthcare real estate.
“Sushil’s experience as an institutional investor will enable our team to provide clients a unique perspective from a principal’s point of view,” said Executive Director Travis Ives. “Nashville is the de facto ‘capital’ for the healthcare industry,” added Managing Director Gino Lollio. “Sushil’s presence there provides a conduit to many of the largest health systems and providers as well as investors in the U.S.
Cushman & Wakefield’s Healthcare Advisory Group tracks both evolving healthcare delivery trends and their impacts on real estate footprints and facilities, including everything from hospital facilities to ambulatory care facilities, surgery centers, urgent care, healthcare corporate offices, and other satellite locations. The group’s U.S. Healthcare Capital Markets Team focuses exclusively on advising healthcare providers and third-party investors/developers on acquisition, disposition and debt & equity strategies for healthcare real estate assets across the continuum of care. Additionally, the team assist healthcare providers with strategic capital planning (including monetization of non-core real estate), and the developer selection process. With nearly 50 years of combined experience, the team has collectively closed over $4.3 billion of healthcare real estate transactions.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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