Newmark Seniors

Housing Group

A coast-to-coast advisory team with market

specific familiarity and national reach

FR

A Dedicated

Seniors Housing Brokerage Platform

Specializing in end-to-end real estate advisory services for seniors housing, our team offers acquisition/disposition services of development land, seniors apartments, existing retirement residences (independent living, independent supportive living, assisted living, and memory care) and long-term care and government funded homes.

Services

The Newmark Seniors Housing Team specialize in acquisition & disposition advisory services for all seniors housing asset classes:

Process

Needs Focused Approach

We take the time to understand our clients’ needs first and formulate our approach based on those needs

Finger on the Pulse

We leverage real-time data between our active files and our network of vendors, investors, lenders, and capital markets professionals

Trusted Valuation & Underwriting

We engage in a financial deep dive at the outset of each assignment to establish the look forward “story” and extract maximum value

Deal Risk Mitigation

We effectively mitigate transaction risk through the pre-qualification of prospects, assistance with pre-offer due diligence, management of expectations, and the alignment of external advisors to a transaction

Selling the Story

We employ advanced sales & marketing tools to produce leading-edge, interactive marketing materials which highlight the specific financial story or market message for each project

Experience & Confidence

Our process has resulted in maximum value for the largest seniors housing institutions in the country, as well as private equity groups, and independent owner/operators

38

Residences Sold Over

24 Month Span

+

21

Residences

Under Contract

=

59

Residences Sold/Under

Contract Since 2020

Team

click headshot for contact info

Mark Gallagher

Executive Managing Director

Bj Bhal

Senior Managing Director

David Kalinowsky

Managing Director

Norm LeZotte, MAl

Regional Managing

Director - South

Valuation & Advisory

Amani Jawhari

Senior Finanical Analyst Capital Markets - Canada

The team is comprised of Mark Gallagher located in Vancouver and BJ Bhal & Dave Kalinowsky located in Toronto - We offer a true coast-to-coast seniors housing real estate advisory platform with transactions spanning from Vancouver to Newfoundland.

We have recently represented Canada’s largest seniors housing institutions in portfolio sales across the country and we have direct access to the vast majority of investors within the seniors housing sector, lenders and other third parties, which can significantly impact the outcome of a transaction and provide consulting advice.

$6.6B+

(Transaction Value Represented –

Sold/ Under Contract / In-Market)

Recent Transactions

Project Black Diamond

  • 3 properties
  • New build (2017/2019)
  • Sold April 2022

Project Lightning

  • 4 properties
  • 302 suites
  • Sold December 2021

Project Cobain

  • 29 properties
  • 2,700 suites
  • Phase I: Sold March 2021
  • Phase II: Under Contract

H&H Portfolio

  • 8 properties
  • 1,092 suites
  • Sold September 2022

Castle Peak

  • Constructed 2012/2019
  • 122 suites
  • Sold April 2022

Chartwell Ab3 Portfolio

  • 3 properties
  • 264 suites
  • Sold 2021

Clayton Heights

  • Funded LTC
  • 131 suites
  • Sold October 2022

Amica Aspen Woods

  • 147 beds
  • 3.7 acres
  • Sold June 2023

Northcrest Care Centre

  • 106 suites
  • Fully-funded LTC residence
  • Sold September 2023

Orchard View By

The Mississippi

  • 153 suites
  • 8.22 acres
  • Sold June 2024

Avenir Campus Of Care

  • 232 suites
  • 2 properties (2018/2025)
  • Sold November 2024

The Vista

  • 175 suites
  • 11-storey building (2023)
  • Sold November 2024

Alberta Care Communities

  • 540 suites
  • 4 properties (brand new)
  • Sold April 2025

The Richmond Residence

  • 82 suites
  • 0.95 acres
  • Located in Belleville, ON

Active Listings

Christenson Communities

  • 1,173 suites
  • 10 properties
  • Located in central AB

The Vineyard Residence

  • 134 suites
  • 1.85 acres
  • Located in Kelowna, BC

Greenway

  • 236 suites
  • 1 property
  • Located in Brampton, ON

Lynn Valley Care Centre

  • 195 suites
  • 2 buildings
  • Located in North Vancouver

Seasons Retirement Communities

  • 230 suites
  • 2 properties
  • Located in Ontario

Seasons Olds

  • 41 suites
  • Built in 1999
  • Located in Central AB

Amica Project Ivy

  • 6,656 suites
  • 32 properties
  • Located across ON & BC

Ravines Seniors’ Suites & Retirement Residence

  • 264 suites
  • 2 buildings
  • Located in Ottawa, ON

Brightwater Senior Living Trio

  • 442 suites
  • 3 residences
  • Located in Winnipeg, MB

Hollyburn House

  • 102 suites
  • 1 property
  • Located in West Vancouver, BC

Affiliate Partners

We have more than 80 years of combined experience in financing, capitalization alternatives and property-level expertise in evaluating commercial real estate assets.