Jay Wagner


Executive Managing Director, National Seniors Housing Capital Markets, Cushman & Wakefield

Jay Wagner is an Executive Managing Director and Co-Head of Cushman & Wakefield’s Boston-based National Senior Housing Capital Markets Group. Jay is responsible for originating, structuring and executing senior housing investment sales, equity investments, and debt financings. Over the course of his career Jay has closed over 235 domestic and cross-border transactions, totaling over $15.6 billion of real estate and infrastructure. Prior to Cushman & Wakefield, Mr. Wagner served as a Vice President at Boston-based Pappas Enterprises, Inc., a commercial developer, and as a Director with CIBC World Markets’ New York based Structured and Leveraged Finance groups.

Mr. Wagner holds a Bachelor’s degree in Economics from Columbia University. He is a member of the Urban Land Institute and a Rising Leader with the American Senior Housing Association. Mr. Wagner serves on the Finance Committee as a Trustee for Hebrew Senior Life, the third largest non-profit system in Massachusetts. 

Allen McMurtry

Executive Director, Cushman & Wakefield

Allen McMurtry is responsible for the origination and execution of senior housing sales nationally for Cushman & Wakefield. With over 30 years of experience in Senior Housing brokerage, Allen has sold over 190 communities across 35 states. As the National CCRC Experts, Allen and the C&W Senior Housing Team have sold over 20 CCRCs across the nation, with seven CCRCs in transaction this year alone.

Richard Swartz

Vice Chairman, Cushman & Wakefield

Richard Swartz is a Vice Chairman in the Boston office and heads a ten-person team of Capital Markets specialists dedicated to the Senior Housing Sector. Mr. Swartz joined the Company in 2003 and is responsible for originating, structuring and executing senior housing investment sales, equity investments, debt financings, and note sales. In 2007 he opened the firm’s Boston office and in 2011 initiated the firm’s Senior Housing Capital Markets Group.

Prior to Cushman & Wakefield, from 1998 to 2003, Mr. Swartz was a Managing Director at APC Realty Advisors where he headed up all equity and debt placement activities nationally and was directly involved in over $3 billion in debt and equity transactions. Prior to APC, Mr. Swartz was involved in the structuring and underwriting of mezzanine investments at Lazard Freres and subsequently Capital Trust. Previous to these activities, he spent seventeen years as a pension fund advisor, including eight at TCW Realty Advisors, where he executed various equity, joint venture and debt investment vehicles.

Mr. Swartz has a Bachelor’s Degree in Political Science from Cornell University and a Master’s in Business Administration from the Wharton School of the University of Pennsylvania. He is a member of the United Land Institute and the American Senior Housing Association. Mr. Swartz holds Series 7 and Series 63 licenses with FINRA.

Cushman & Wakefield

Cushman & Wakefield’s Healthcare Practice Group provides real estate solutions targeting the operational, financial, regulatory, and strategic challenges faced by organizations in the myriad sectors of the healthcare industry.  Their specialists are experienced in working with healthcare organizations, including hospitals and hospital systems, physician practices, senior housing and healthcare providers, specialty services firms, medical/academic property users and owners, payors, and health plans. 


Cushman Wakefield Long-Term Care in the News

  • Cushman & Wakefield Sells Miami-Dade Portfolio
    It took a couple of years, but Cushman & Wakefield has finalized the sale of a portfolio of 10 senior care facilities in Miami-Dade County, Florida, on behalf of the seller, A.D.M.E. investment partners. Totaling 1,289 beds and over 370,800 square feet, the properties consisted of a mix... Read more
    Published on: February 12, 2020 By Ben Swett
  • Regions Bank and Cushman & Wakefield Finance Auctus-Owned Community
    Regions Bank Healthcare Real Estate Group announced a balance sheet loan closing at the start of February for a client in northern California. Originally built in 1975 in Carmichael, the property being refinanced is a 98-unit independent living community. Auctus Capital Partners acquired it in 2015, with plans... Read more
    Published on: February 10, 2020 By Ben Swett
  • Values Surge Despite Persistent Worries
    The 25th Edition of The Senior Care Acquisition Report is almost ready, but get your sneak preview and analysis in our upcoming webcast. We are diligently working on the 2020 edition of the Senior Care Acquisition Report, which we hope to have ready for publication by the end of the... Read more
    Published on: February 05, 2020 By Steve Monroe
  • Cushman & Wakefield Ends 2019 With A Bang
    The Cushman & Wakefield team led by Rick Swartz, Jay Wagner and Aaron Rosenzweig ended 2019 with a bang. In the last six weeks of the fourth quarter, they closed eight separate sales involving 18 properties and 1,908 units for a total consideration in excess of $500 million.... Read more
    Published on: January 20, 2020 By Steve Monroe
  • The Clare Turnaround Complete
    No one said it was going to be easy back in 2012 when an investor group took control of a large CCRC known as The Clare in downtown Chicago. Occupancy was just 34% when the community was sold out of bankruptcy, with its reputation tarnished in the local... Read more
    Published on: January 07, 2020 By Steve Monroe

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