Board of Directors
Ryan Maconachy, Director/Managing Member and President
Ryan Maconachy joined Newmark in 2019 and currently serves as Co-Head and Vice Chairman of the company’s Healthcare and Alternative Real Estate Assets platform. In this role, Maconachy is responsible for healthcare and seniors housing-related investment advisory and equity transactions throughout the United States. He also focuses on medical office buildings, hospitals, life sciences and biotech practices as well as other alternative real estate asset classes.
With more than 11 years of commercial real estate experience, particularly in healthcare and seniors housing, Maconachy has completed transactions valued in excess of $15 billion throughout the United States.
Maconachy joined Newmark after serving as Co-Head of HFF’s National Healthcare Group for three years and Senior Managing Director for four years with where he focused primarily on seniors housing. While there, Maconachy’s team consistency ranked among the top producers in the company for five years. Prior to HFF, Maconachy was an investment broker with the seniors housing group of ARA before the company was acquired by Newmark parent company, BGC Partners, Inc. Maconachy earned a Master of Business Administration degree and a bachelor’s degree from Loyola Marymount University’s Hilton School of Business.
- Partial List of Recent Sale Transactions
- Aegis Portfolio, recapitalization and financing
- Aston Gardens Portfolio, sale
- Brookdale Battery Park, sale
- Memorial Hermann Medical Plaza, MOB sale and financing
- Merrill Gardens Portfolio, recapitalization and financing
- Sentio Healthcare Properties, public non-traded REIT taken private
- Somerby Senior Living Portfolio and Operating Platform, sale and financing
- Professional Affiliations
- Executive board member, American Seniors Housing Association (ASHA)
- Seniors Housing Council, Urban Land Institute (ULI)
- Member, National Investment Center for Seniors Housing & Care (NIC)
Douglas Browne, Director & Treasurer; President, Peabody Hotels & Resorts
Doug Browne carries an extensive background in operating, selling, and networking within the
full-service luxury hotel market. Having pre-opened ten hotels and resorts both domestically and internationally, Browne’s varying capacities throughout the operations of luxury hotels has
provided him a complete understanding of what hospitality should be. From Hyatt to Westin,
Stouffer Hotels, and Intercontinental brands, Browne also holds extensive experience within the
independent luxury hotel and resort market. In 2003, Browne was appointed General Manager of the flagship Peabody property, The Peabody Memphis. In 2010, he added the title Vice President when he was promoted to a Peabody Hotels corporate position. Browne has nearly 40 years of hotel experience and has worked throughout Europe, South America, and Asia.
- Board and Community Affiliations
- Memphis Travel – Chair
- Greater Memphis Chamber – Immediate Past Chair, Executive Committee
- Metropolitan Memphis Hotel and Lodging Association – Board of Directors
- University of Memphis – Fogelman College of Business & Economics – Advisory
Council
Corbett Nichter, Director & Secretary
As President, Corbett believes his greatest professional mission is to serve the dedicated
employees of MAPP in executing the strategic plan while creating an unequaled company
culture.
With over 27 years of construction experience, he strives to be a servant leader in support of
every level of the organization and all facets of the business, including estimating, scheduling,
project and field management, risk management, marketing, and business development.
Corbett has extensive experience in negotiating and executing significant, complex construction
projects totaling more than $7 billion for a variety of clients, including numerous Fortune 100 firms. However, his favorite projects are those that serve the community, such as the Dallas Children’s Advocacy Center (DCAC), Grapevine GRACE’s food pantry and clothing center, and the new headquarters for Southwest Transplant Alliance.
Corbett’s passion is serving at-risk children and veterans of the United States Armed Forces. He
served multiple terms on the Board of Trustees for the DCAC and currently serves on the organization’s Advisory Council. He was recently named to the national Board of Directors for the One Heart Project, which provides at-risk and incarcerated youth a second chance. His grandfather, a WWII veteran, remains an inspiration and drives his passion for organizations such as 22Kill, The Seal Legacy Foundation, and programs like Veteran’s Transition Initiatives that focuses on employment opportunities for veterans.
In 2002, the Engineering News-Record recognized Corbett with the prestigious Newsmaker of
the Year Award, and in 2007 he graduated from Leadership Dallas, a program of the Dallas
Chamber of Commerce and is a member of the Dallas Assembly.
Corbett holds a bachelor’s degree in Civil Engineering from Texas A&M University in College
Station and an MBA from Houston Baptist University. He also completed post-graduate studies
at Stanford University’s Graduate School of Business. Corbett lives in Grapevine, TX with his wife, Heather, two children, Brian and Grace and are members of Park Cities Presbyterian Church.
Consultants to PPDC
Brian Garcia
Brian Garcia has more than 20 years of experience working in the municipal underwriting business and over 15 years of experience working in Public-Private Partnerships and Project Financings. Currently, Mr. Garcia is a principal and partner of Ivy P3 Group, LLC, a development and project management firm that consults to PPDC. Prior to his full-time role at Ivy P3 Group, Mr. Garcia held positions at Citigroup, RBC Capital Markets, Piper Jaffray, Oppenheimer, Aegis and Stephens. During his 20+ year career in the municipal underwriting business, Mr. Garcia has been involved in structuring more than 400 financings for more than $20 billion in par amount for municipal issuers.
Brian’s expertise is working with both public and private entities to help best utilize and finance special tax or revenue-based debt financings for Public-Private Partnerships (“P3”) through generic municipal issuers as well as special tax and economic development districts like Tax Increment Financings, Tax Increment Reinvestment Zones, Local Government Corporations, Public Facility Corporations, 501(c)3 non-profits and other public borrowers.
Mr. Garcia is a graduate of Harvard University with an economics degree.
John Williford
John Williford is a 15-year veteran of public finance and real estate. He began his career with Public Financial Management, Inc. (“PFM”), the nation’s leading advisory firm for municipalities and 501c(3) entities. John then worked at two different investment banks where he covered both high grade and high yield financings. He has structured 100% tax-exempt financings and unique project finance solutions with equity, subordinate debt, bank debt, and tax-exempt bonds. Most recently, John served as a Director at JE Dunn Capital Partners, LLC, the investment division of JE Dunn Construction Company, Inc,, one of the nation’s largest commercial contractors. In the course of his career, John has closed over $3.5 billion in bond financings.
John received his Bachelor of Arts in history and Master of Science in Management from Wake Forest University.
