NEW YORK CITY — Newmark Group Inc. (NASDAQ: NMRK), a full-service commercial real estate business, has named Chad Lavender as president of capital markets for the company’s operating businesses in North America.
Lavender will serve on the company’s executive committee, the corporate management steering committee, and reports to Newmark’s newly formalized Capital Markets Executive Committee.
Lavender is responsible for driving the overarching strategy and revenue growth of the capital markets business for every asset type, including multifamily, office, industrial, retail and alternative investment classes. He will advise on recruiting and retaining talent.
Lavender has completed investment sales, recapitalizations, debt and joint venture equity transactions totaling more than $37 billion in value throughout the U.S. Formerly Newmark’s vice chairman and co-head of healthcare and alternative real estate assets group, Lavender joined the company to form and co-lead the group in 2019.
Previously, Lavender held roles as co-head of HFF’s national healthcare group, where his seniors housing- and healthcare-focused team consistently ranked among the company’s top producers. He was also an investment advisor with Apartment Realty Advisors’ seniors housing group prior to the firm’s acquisition by Newmark.