According to HFF, Phil Mahler has joined the firm as a managing director in its Chicago office. Mahler will be a member of HFF's national healthcare practice and will focus on healthcare capital markets and investment sale transactions throughout the U.S.
Mahler has 22 years of commercial real estate experience and most recently worked with Savills LLC as a managing director in its medical office group. During his 10 years with Savills, he was involved in more than $6.0 billion of medical office transactions totaling approximately 33.5 million square feet of product. Prior to Savills, he was a manager in the Real Estate Advisory and Capital Markets Group of Ernst and Young and has also held positions with UBS Realty Investors LLC, Prologis Trust and Wells Fargo Bank. Mr. Mahler is a graduate of The University of Texas at Austin and is a frequent panelist at BOMA, Interface events and Cap Rate events, among others.
"Phil has an extensive background in the commercial real estate industry and a deep understanding of the medical office space, having transacted numerous investment sales, financing assignments, joint ventures, direct hospital monetization strategies and strategic recaps, among others," said John Pelusi, executive managing director and head of HFF's national healthcare practice. "Phil, alongside Michael Bennett, Jack Dudick, and the entire HFF healthcare team, will utilize a true team approach to put the 'best team on the field' for every transaction. Phil will be splitting his time between Chicago and New York City, and will focus on medial office transactions nationally."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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