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Toronto-based health care real estate investor and asset manager Northwest Healthcare Properties REIT has appointed Zachary Vaughan as its incoming CEO, effective July 2.
Vaughan will be joining Northwest from Arrow Global Group, where he last served as global head of real estate. He will remain a non-executive director with the U.K.-based fund manager.
His past roles include director of real estate investments at CPP Investments, head of European real estate at Brookfield Asset Management and CEO of Brookfield REIT.
After spending much of his career as an executive outside of Toronto, Vaughan will be relocating to the city.
"I am honoured to join Northwest, a leader in healthcare infrastructure," he said. "We have a tremendous opportunity with our property portfolio and capabilities to deliver meaningful value to our investors."
Vaughan is taking over from outgoing CEO Craig Mitchell.
Northwest’s portfolio of health care real estate is made up of interests in 169 income-producing properties and 15.8 million square feet of gross leasable area in North America, Brazil, Europe and Australasia as at May 14.
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