Personnel News from Greystone, Merchants Capital, NewPoint, Marcus & Millichap
Greystone Hires Paul Bach, Barbara Hauswald to Lead Healthcare Services Offerings
Greystone, New York, appointed Paul Bach and Barbara Hauswald Co-Heads of its healthcare services platform.
Both industry veterans join Greystone from Genesis Healthcare and bring a combined 50-plus years of expertise in skilled nursing operations, vendor relations, client service and M&A.
Bach and Hauswald will leverage their industry knowledge and relationships to build new connections and enhance existing relationships on behalf of Greystone and its clients that are active in senior housing and skilled nursing. In their new roles as Co-Executive Managing Directors of Healthcare Services, they will support Greystone’s lending teams as advisors on healthcare transactions and provide value to clients with recommendations for operational efficiencies via their vendor network.
In a dual capacity, Bach and Hauswald will also provide support and guidance to non-profit AbleHearts and its independent Board of Directors as it grows a portfolio of healthcare facilities nationwide with goal of providing the gold standard of patient care.
Prior to joining Greystone, Bach served as Chief Operating Officer of Genesis Healthcare, one of the nation’s largest providers of skilled nursing and rehabilitation services, where he spent more than 35 years leading operations, both clinical and financial, across the enterprise. Hauswald served over 20 years leading the development of strategic business opportunities for Genesis HealthCare. Before joining Genesis, she headed major U.S. banking teams financing industry growth and consolidation of both the healthcare and telecommunication sectors.
Merchants Capital Hires Darren King as Vice President, Capital Markets
Merchants Capital, Carmel, Ind., hired Darren King as Vice President of Capital Markets.
King joined Merchants Capital from Trepp, where he served as head of CMBS, responsible for product management. Prior to this role, he held a senior position as a CRE credit specialist at Davidson Kempner Capital Management and served as a portfolio manager at both Semper Capital Management and Jerica Capital Management. He also served as an executive director at UBS Investment Bank where he focused on CMBS trading and capital markets.
In his new role, King will focus on expanding Merchants Asset Management, a New York-based registered investment advisor, which is focused on the launch of several bridge loan debt funds and new permanent financing products.
DeWitt, Fayer Join NewPoint in Washington, D.C.
NewPoint Real Estate Capital LLC appointed John DeWitt and Martin Fayer Senior Managing Directors based in the firm’s Washington, D.C. office.
Both DeWitt and Fayer will focus on conventional multifamily loan originations and each have more than 25 years in the industry.
DeWitt has placed loans with debt funds, balance sheet lenders, life companies, banks, Freddie Mac, Fannie Mae and FHA/HUD. His clients range from small private owners to large intuitional funds. He joins NewPoint from the commercial mortgage finance division of a global investment management company. Earlier in his career he held positions with Johnson Capital, Reilly Mortgage Group and Freddie Mac.
Fayer’s client base includes individual owners, private equity funds, REITs, pension funds and other institutions. He has held positions at other real estate lending firms, including Managing Director at PGIM, Principal at Johnson Capital and Vice President of Loan Production at Reilly Mortgage, as well as lending, loan underwriting and loan asset management positions at GMAC-RFC and Freddie Mac.
Marcus & Millichap Hires Western Region Capital Markets Lead
Marcus & Millichap, Calabasas, Calif., announced John Manning joined Marcus & Millichap Capital Corp. as a Senior Vice President responsible for overseeing capital markets finance services in the Western United States.
Manning has more than 20 years of experience in commercial real estate financing and has closed more than $12 billion in real estate originations.
Prior to joining Marcus & Millichap, Manning was a principal at Avison Young, where he led the origination of debt and joint venture equity placements, focusing on urban high-rise residential development, institutionally owned office assets and the hospitality sector on the West Coast. Manning previously led JLL’s capital market finance practice in San Francisco and was their top debt originator on the West Coast from 2011 to 2019. Manning will be based in Marcus & Millichap’s San Francisco office.
