HFF hires Ben Appel as a director in its medical office building group
PHILADELPHIA, PA – Holliday Fenoglio Fowler, L.P. (HFF) announced today that Ben Appel has joined the firm as a director in its Philadelphia office. Mr. Appel will be a member of HFF’s medical office building group within its national healthcare practice and will focus on medical office capital markets and investment sales transactions throughout the United States with an emphasis on the Philadelphia MSA and the Northeast and Mid-Atlantic regions.
Mr. Appel joins HFF from Marcus & Millichap where he was most recently a director of their Healthcare Properties Group and the Net Leased Properties Group. He has advised clients including public and private REITs, pension fund advisors, fund managers, private equity, family real estate offices, and local and regional developers on medical office and industrial properties in excess of $600 million. Mr. Appel is a member of NAIOP and the Jewish Federation of Real Estate. He holds a Bachelor of Science degree in Economics and Business Management & Finance from the University of Maryland.
“Ben’s background and relationships in the medical office space will bring tremendous value to HFF’s healthcare clients as we continue to build out this platform and more specifically the medical office building group at HFF,” said John Pelusi, executive managing director and head of HFF’s national healthcare practice. “Ben will be working alongside our team leaders, Michael Bennett and Phil Mahler, and Evan Kovac to continue building our national practice group, as there is exceptional demand for medical office buildings due to the aging baby boomer generation and the stability of this asset class. HFF is equipped to handle a variety of client needs in this arena, including seniors housing and life sciences.”
“We are excited to have Ben join our efforts in building out our product specialties in the Philadelphia office, especially in light of the $160.75 million recent sale of 833 Chestnut,” said Mark Thomson, senior managing director and head of HFF’s Philadelphia office.
HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.