News: Brokerage

Savills US names Jenkins as senior VP

Brian Jenkins has joined Savills US as a senior VP in the firm's medical real estate team. With the arrival of Brian Jenkins, the team will directly advise hospitals and healthcare systems on real estate monetization and development capitalization strategies, in addition to providing general strategic real estate advisory services. "Savills's superior record in medical real estate demonstrates our ability to anticipate, analyze and solve the key issues facing hospitals and health systems today," said Jeffrey Cooper, executive managing director of Savills LLC. "With his specialized expertise, Brian Jenkins will help us better meet the capital needs and requirements facing health systems in a challenging and evolving market." Jenkins brings two decades of real estate and health care experience to his new role at Savills. He most recently served as equity investment officer of medical real estate for the National Electrical Benefit Fund, where he developed an investment platform in medical facilities and worked on third-party medical development opportunities. He has also acted as the primary development partner on more than 250,000 s/f of outpatient medical office projects, including several multi-tenant projects on behalf of market-leading for-profit and not-for-profit health systems. Prior to that, Jenkins was a health care lawyer for McGuire Woods LLP. He earned an undergraduate degree in Finance from the College of William and Mary. He holds a law degree from the University of Richmond and a master's degree in Health Administration from the Medical College of Virginia - VCU, from which he graduated cum laude. Savills' medical real estate team has assisted clients on multiple complex and large-scale transactions throughout the United States. Noteworthy transactions include the development capitalization of a 455,000 s/f cancer center at Baylor University Medical Center, recapitalization of a 1.7 million s/f office portfolio comprising 24 individual assets, sale of a majority interest in a new specialty hospital in St. Louis, sale of a 1.2-million s/f medical office portfolio comprising 30 buildings, and the complex unwinding of a joint venture ownership of a four-million s/f medical office portfolio consisting of 55 properties.
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