Cushman & Wakefield Adds Industry Veteran to Health Capital Markets Team

Cushman & Wakefield has added a veteran broker to its national healthcare advisory practice as the brokerage looks to expand its presence in the medical real estate sector. The firm said Sushil Puria joined as an executive director on the firm’s healthcare capital markets team. Puria is based in Cushman & Wakefield’s office in Nashville, Tennessee. In his new role, Puria will work closely with Travis Ives and Gino Lollio and focus on sourcing and executing healthcare capital markets transactions across the country for the brokerage. With the US population aging, healthcare providers have been expanding along with demand for related real estate. Cushman & Wakefield said Puria also will work closely with members of its healthcare advisory practice to support the brokerage’s healthcare clients, including healthcare systems, physician practices and other medical services providers to create and execute strategies for them to leverage their real estate portfolios. Cushman & Wakefield is beefing up the group as healthcare real estate grows in significance. The pandemic highlighted the role that medical properties play in combating a global health crisis as well as the need for a network of available properties. “Given healthcare’s role in the US 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,” Dan Broderick, Cushman & Wakefield’s president of Americas advisory services, said in a statement. Puria is a well-established veteran of healthcare real estate and has nearly 15 years of Experience in acquiring medical office buildings across the country.He previously served as a first vice president at Healthcare Realty, one of the country’s largest public medical office real estate investment trusts.At Healthcare Realty, he led the 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,” Ives, co-leader of Cushman & Wakefield’s US healthcare capital markets team, said in a statement. Furthermore, Puria’s location in Nashville, which is home to HCA Healthcare and other large medical companies, will help as Cushman & Wakefield expands , the firm said. “Nashville is the de facto ‘capital’ for the healthcare industry,” Lollio said. “Sushil’s presence there provides a conduit to many of the largest health systems and providers as well as investors in the US”

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