JLL signals commitment to healthcare industry with strategic hire
Michael A. Passaro, RA joins JLL to lead the Project and Development Services healthcare practice in the Northeast
CHICAGO, Feb. 27, 2019 – JLL announced today it has expanded its Project and Development Services (PDS) team with the addition of Michael A. Passaro, RA as senior vice president and PDS healthcare practice lead for the Northeast.
Based in New York City, Passaro will oversee a team of professionals currently managing $420 million of healthcare construction projects across the Northeast.
“Over the course of his 35-year career, Michael has held leadership positions at several of New York City’s prominent academic medical centers,” said Roger Herritz, senior vice president and national healthcare practice lead, Project and Development Services. “With a deep breadth of experience across every facet of design, construction, operations and facilities, Michael is able to evaluate and optimize every aspect of a project from the details of its design to its long-term functionality.”
With experience managing projects of up to $2.6 billion, Passaro has held senior leadership roles in construction, project management, space management and facilities at New York University School of Medicine, New York Presbyterian Hospital, Columbia Presbyterian Medical Center and Turner Construction.
Passaro has a Bachelor of Architecture from New Jersey Institute of Technology and is a Registered Architect in the state of New Jersey.
“The physical environment is crucial to the effective delivery of quality healthcare,” Passaro said. “In the throes of transformation and uncertainty, hospitals and health systems are making significant investments in their real estate and physical spaces to provide an enhanced patient experience. Joining JLL gives me an opportunity to help health systems effectively deliver the highest level of patient care and improved patient outcomes.”
According to JLL’s latest Construction Outlook, the Northeast is home to two of the top five states for healthcare construction. Pennsylvania and New York currently have healthcare construction pipelines totaling $6.3 and $5.9 billion, respectively.
JLL Project and Development Services is a leader in the development, design, construction and branding of commercial real estate projects for the world’s most prominent corporations, educational institutions, public jurisdictions, healthcare organizations, industrial facilities, retailers, hotels, sports facilities and real estate owners. Ranked No. 2 in Building Design + Construction’s 2018 Construction Management Giants survey and No. 6 on Engineering News-Record’s 2018 list of Top 100 Construction Management-for-Fee Firms, JLL’s project management team comprises 6,000 project managers across 56 countries and is actively managing $45 billion under construction.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com