Newmark Group, Inc. has named Chad Lavender as president of Capital Markets for the company's operating businesses in North America. In his new role, Lavender is responsible for driving the overarching strategy and revenue growth of the capital markets business for every asset type, including multifamily, office, industrial, retail and alternative investment classes. Lavender has completed investment sales, recapitalizations, debt and joint venture equity transactions totaling more than $37 billion in value throughout the U.S. Formerly Newmark's vice chairman and co-head of Healthcare & Alternative Real Estate Assets group, Lavender joined the New York-based commercial real estate advisory and services to form and co-lead the group in 2019.

Previously, Lavender held roles as co-head of HFF's national healthcare group, where his seniors housing- and healthcare-focused team consistently ranked among the company's top producers, and an investment advisor with Apartment Realty Advisors' seniors housing group prior to the firm's acquisition by Newmark. Lavender will continue to advise within the company's Healthcare & Alternative Real Estate Assets group. He also recently launched Single Family Rental group alongside Vice Chairman Ryan Maconachy.