Jay leads solutions development for Healthcare Services at Transwestern, providing strategies to enhance healthcare real estate performance and contribution to client mission and business objectives. Solutions include consulting and analytic services related to asset strategy, acquisition, disposition, capitalization, operations and maintenance for hospitals, medical office, outpatient clinics and other healthcare property types. Jay partners with Transwestern’s national and local resources to field the best team to implement solutions and achieve client objectives.
Jay is also chief operating officer for Transwestern’s Healthcare Services practice group, which includes development of service capabilities and implementation of best practices across all Transwestern geographic and functional sectors serving healthcare clients.
Jay has over 18 years of experience with healthcare real estate. Prior to joining Transwestern, he was Senior Director in the Healthcare Services Group at CBRE where he worked with leading hospitals and healthcare providers throughout the US. As a founding member of the group, he played a lead role in developing facilities management and transaction solutions for 26 million square feet of hospital, outpatient and medical office space, representing $570 million in managed annual facilities operations spend and $79 million in annual client cost savings.
Prior to CBRE, Jay was a senior manager in the Real Estate Advisory Services practice of Ernst & Young (formerly Ernst & Young Kenneth Leventhal) where he was an early innovator in developing the concepts and application of asset monetization. At E&Y he assisted hospitals with sale and sale/leaseback transactions, unlocking $320 million in value for redeployment back into core business needs, and evaluated nearly an equal amount where he recommended against monetization in favor of a more effective financial strategy.
Jay was also an economic development analyst with Central Atlanta Progress and a combat engineer officer in the US Army.
Jay earned his Master of Science in City Planning and Bachelor of Science in Architecture from the Georgia Institute of Technology, including completion of the Real Estate Program administered jointly with Georgia State University. He is also a Certified Commercial Investment Member (CCIM).