NKF Capital Markets Seniors Housing provides clients with a single-source solution for every phase of acquiring, financing, developing and disposing of seniors housing assets. Our team is led by specialists who focus exclusively on the seniors housing and care sector and have over 30 years of experience in the industry. Leveraging our national resources and global reach, we advise investors, operators and developers on strategic initiatives surrounding all areas of capital, monetization and strategy surrounding the goals of their portfolio. 

Our vision is to offer meaningful solutions to the seniors housing and care industry, so that we may help a company navigate business and real estate decisions. Our mission is to provide best-in-class service to our clients at every stage of the business cycle.

Services to maximize value include but are not limited to:

  • Portfolio Performance
  • Market Analysis
  • Valuation
  • Structured Finance
  • Debt Placement
  • Corporate Growth and Exit Strategy

Please contact Robert Black or Sean McNee for information regarding current offerings.

Key Team Members

Robert Black - Senior Managing Director
858-875-3620

License CA: 01214421
San Diego, CA

rob.black@ngkf.com

Robert Black is the senior managing director of Seniors Housing Services with Newmark Knight Frank. Along with his partner Sean McNee, Mr. Black is responsible for overseeing the seniors housing services platform within the company. He is also responsible for establishing best practices in senior care real estate for Newmark Knight Frank while leading the national and global senior care team and, on a select basis, assisting clients in establishing comprehensive real estate strategies.

Mr. Black began his career in commercial real estate in 1996 and has since consistently ranked among the nation's top real estate brokers. He was recognized in his previous role with Cushman and Wakefield as a top producer for three out of the last five years.

Mr. Black and Mr. McNee have over 25 years of combined experience in the sector and have been involved in the acquisition, disposition and financing of over $3 billion in total consideration of seniors housing and health care properties. Mr. Black's comprehensive understanding of the national seniors housing market is complemented by his thorough analysis and marketing skills involving sale negotiations. A shrewd negotiator and effective communicator, he achieves his client's objectives and goals in a timely and organized fashion.

RECENT INVESTMENT SALES:

  • Cornerstone Portfolio, Midwest, $142 million
  • Sagebrook Senior Living, CA, $60 million
  • Prestige Care Portfolio, Pacific Northwest, $32 million
  • Glenwood Portfolio, Midwest, $34 million
  • Carespring Portfolio, Midwest, $32.5 million
  • Mountain Glen Retirement Community, WA, $25.5 million
  • Eden Villa San Francisco, CA, $24 million
  • Rosewood Assisted Living, LA, $16 million
  • Villas at Houghton, AZ, $16 million
  • The Gardens, MS, $10 million
  • Chandler House, TN, $10 million

 PARTIAL CLIENT LIST:

  • AEW
  • AUCTUS Capital
  • BBVA Compass
  • Birchwood
  • Capital Funding Group
  • Capitol Seniors Housing
  • Enlivant
  • KeyBank
  • Lancaster Pollard
  • MBK Senior Living
  • Omega
  • PGIM
  • Silverado
  • Ventas
  • Watermark Senior Living
  • Welltower

Mr. Black earned a bachelor’s degree in business administration from the University of Colorado Boulder.

Sean McNee - Senior Managing Director
858-875-3621

License CA: 01357657
San Diego, CA

sean.mcnee@ngkf.com

Sean McNee is the senior managing director of Seniors Housing Services with Newmark Knight Frank. Along with his partner Robert Black, he is responsible for overseeing the seniors housing services platform within the company. Mr. McNee is also responsible for establishing best practices in senior care real estate for Newmark Knight Frank while leading the national and global senior care team and, on a select basis, assisting clients in establishing comprehensive real estate strategies.

Mr. McNee began his career in the seniors housing and care industry in 2001. He offers experience on both the transactional and operations sides of the industry. Utilizing his bachelor’s degree in real estate and finance, he has focused on the analytics, valuation and operational side of the seniors housing and care industry. He maintains a wealth of knowledge and experience across the entire continuum of care.

Mr. McNee and Mr. Black have over 25 years combined experience in the sector and have been involved in the acquisition, disposition and financing of over $3 billion in total consideration of seniors housing and health care properties. Mr. McNee's comprehensive understanding of the national seniors housing market is complemented by his thorough analysis of market trends and in depth operational knowledge.  

RECENT INVESTMENT SALES:

  • Cornerstone Portfolio, Midwest, $142 million
  • Sagebrook Senior Living, CA, $60 million
  • Glenwood Portfolio, Midwest, $34 million
  • Prestige Care Portfolio, Pacific Northwest, $32 million
  • Carespring Portfolio, Midwest, $32.5 million
  • Mountain Glen Retirement Community, WA, $25.5 million
  • Eden Villa San Francisco, CA, $24 million
  • Rosewood Assisted Living, LA, $16 million
  • Villas at Houghton, AZ, $16 million
  • The Gardens, MS, $10 million
  • Chandler House, TN, $10 million

PARTIAL CLIENT LIST:

  • AEW
  • AUCTUS Capital Partners
  • BBVA Compass
  • Birchwood
  • Capital Funding Group
  • Capitol Seniors Housing
  • Enlivant
  • KeyBank
  • Lancaster Pollard
  • MBK Senior Living
  • Omega
  • PGIM
  • Silverado
  • Ventas
  • Watermark Senior Living
  • Welltower

Mr. McNee earned a Bachelor of Business Administration degree in real estate and finance from the University of San Diego.

 

Julie Manuel - Financial Analyst
858-875-3623

License FL: SL3410913
San Diego, CA

julie.manuel@ngkf.com

Julie Manuel brings over 5 years of commercial real estate experience to Newmark Knight Frank as a financial analyst. She specializes in Excel and Argus modeling, preparing valuation packages, and transaction management.

Ms. Manuel provides support to Newmark Knight Frank’s Seniors Housing Division where she has helped facilitate the teams’ sale of several hundred million dollars of investment grade assets.

EXPERIENCE

2017 – Present: Newmark Knight Frank, San Diego, CA Financial Analyst; Seniors Housing Services

2012 – 2017: Cushman & Wakefield, Carlsbad, CA Financial Analyst; Healthcare Investment Group

2012 – 2012: Mar Group, San Diego, CA Financial Analyst

2010 – 2012: Nease High School, St. Augustine, FL Math Teacher & Volleyball Coach

2010 – 2011: Daytona State College, Daytona Beach, FL Adjunct Math Instructor

EDUCATION

Masters of Business Administration, Finance & Accounting, San Diego State University

Bachelor of Arts in Mathematics, Minor in Business Administration, University of South Florida

Bachelor of Arts in Statistics, Minor in Music Performance, University of South Florida

ACCOMPLISHMENTS

Graduated Cum Laude and with Honors in all programs from the University of South Florida

Received the Outstanding Scholar Award from Pi Mu Epsilon, the Mathematics Honors Society