Newmark arranges $300M JV between Catalyst and Heitman

Newmark Group announced it has arranged a strategic joint venture between Catalyst Healthcare Real Estate, a U.S. healthcare real estate development and investment firm, and Heitman, a $50B real estate investment management firm. Newmark also helped secure $300M for such Venture to fund the development pipeline of purpose-built healthcare properties, including medical outpatient buildings, orthopedic centers of excellence and inpatient rehabilitation facilities. The transaction was led by Newmark’s Healthcare Capital Markets group Executive Managing Director Ben Appel, Senior Managing Director John Nero, Executive Managing Director Jay Miele, Senior Managing Director Michael Greeley and Associate Director Ron Ott.