The team is consistently ranked amongst the top senior housing brokerage groups in transaction value and has executed on greater than $6 billion in transactions.īased in Waltham, Mass., Benchmark Senior Living is a leading provider of senior housing in the Northeast. Located in Boston and Southern California, the team is led by Rick Swartz and Jay Wagner and includes a total of 11 professionals.
To learn more, visit follow Twitter.Ĭushman & Wakefield’s National Senior Housing Capital Markets team was established in 2011 and advises top institutional owners, developers and operators on equity, debt and investment sales throughout the United States. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries.
Benchmark of Hanover will be the company’s second South Shore community, along with Benchmark Senior Living at Plymouth Crossings.Ĭushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Over the past 23 years, the company has developed expertise in providing care for individuals in need of assisted living, as well as those with Alzheimer’s disease, dementia and other conditions that cause memory loss. It was a pleasure to work with Cushman & Wakefield toward making this exciting project a reality.”īenchmark is New England’s largest senior living provider and has 63 communities. “Hanover is an ideal setting for the 64th Benchmark community and will possess the beautiful surroundings and leading-edge services our residents and their families have come to expect. “We are thrilled to be expanding our senior living offerings to the residents of the South Shore and beyond,” said Sarah Laffey, chief financial officer and senior vice president of Benchmark Senior Living. Congratulations to Benchmark and Iron Point on this fantastic community.”Ĭushman & Wakefield secured the construction loan on behalf of Benchmark from a national healthcare lender to fund the development project. This community has the perfect recipe to provide the highest quality care to its residents. “Additionally, Benchmark is New England’s largest senior housing provider and has a superb track record in the industry. “Hanover is a quintessential South Shore Boston suburb with excellent access to commuter highways and tremendous unmet demand for senior living,” said Wagner. The Cushman & Wakefield team involved in the transaction includes Vice Chairman Rick Swartz, Executive Managing Director Jay Wagner, Director Sam Dylag, Analyst Jack Griffin and Analyst Joseph Carbone. 11, 2021 – Cushman & Wakefield announced today that the real estate services firm’s Senior Housing Capital Markets team exclusively advised a joint venture between Benchmark Senior Living and Iron Point Partners, LLC, securing a $29.8 million construction loan for the development of Benchmark of Hanover, a 97-apartment assisted living and memory care community to be located along Route 53 in Hanover, MA. The data presented on this page does not represent the view of Benchmark Senior Living and its employees or that of Zippia.īenchmark Senior Living may also be known as or be related to Benchmark Senior Living and Benchmark Senior Living LLC.HANOVER, MA, Jan. None of the information on this page has been provided or approved by Benchmark Senior Living. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Benchmark Senior Living. Zippia gives an in-depth look into the details of Benchmark Senior Living, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Benchmark Senior Living.
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