The 20-plus-year specialist joins Align as a Healthcare Advisory Consultant and Licensed Real Estate Salesperson
November 3, 2021 — Align Healthcare Real Estate LLC., a newly launched medical and dental real estate brokerage serving the New York Tri-State Region and other parts of the Northeast, has hired healthcare operations executive James Karaman as a Healthcare Advisory Consultant and Licensed Real Estate Salesperson.
“Jim has a depth of knowledge of how health systems and hospitals work and what the needs of their doctors are, which will really round out what we have to offer and enable us to provide highly advanced, strategic advisory services. We are excited to welcome him to our team,” says John Masserano, who, along with partner Joseph Lombardi founded Align Healthcare Real Estate as well as Masserano Real Estate and Consulting.
“Align clients have access to fully integrated real estate services including expanded space finding and site selection, lease negotiation and lease renewal, practice expansion and relocations, and market and demographic research.” Lombardi adds, “Align focuses on advising our clients on practice transitions, partnerships and alignments, leveraging our network of thousands of people as well as Jim’s many contacts. Together, we offer a real depth of resources, far more than other brokerage firms.”
Karaman has worked for a variety of hospital and health system brands in his 20-plus-year-long career as a healthcare operations executive. He has specialized in developing and implementing strategic, business and operational initiatives that drive optimal results in complex healthcare organizations.
“I’ve always worked in hospitals and health systems as the client, so I saw this new position as an opportunity to work on the other side with clients,” says Karaman. “I bring a lot of value to the firm in terms of healthcare strategy and knowledge, and I believe that there’s a lot of synergy and a multi-dimensional approach. At Align, we’re committed to focusing on a more comprehensive strategy, including working with both real estate owner/developers and end users of hospitals, health systems, surgery centers and physician practices, as well as dental practices.”
He adds, “There’s a market out there for a niche provider like Align. Often with larger firms, it takes forever to get things moving. However, at Align we’re a smaller, more nimble firm that can move quickly in the competitive healthcare business, where speed-to-market is often crucial.”
Before joining Align, Karaman served as Vice President of Operations for Hudson Regional Hospital, which is based in Secaucus, N.J. In that position, he was responsible for the day-to-day operations of hospital-based, outpatient clinic and physician practice functions. He managed multiple construction and renovation projects and participated in strategic planning, physician recruitment and practice acquisitions.
He previously served as Vice President of Physician and Business Development at the Edison, N.J.-based Hackensack-Meridian Health System. In that position, he promoted team member and leader development and implemented service improvements that increased patient and physician satisfaction and supported volume goals. Before that, he was Vice President of Strategy and Market Development at the Rahway, N.J., location of Robert Wood Johnson Healthcare System where he implemented a number of new programs, including a physician alignment and recruitment initiative. In each of these roles Karaman gained hands-on insights into the innerworkings of various aspects of healthcare practices, notably including profit and loss statement, cashflow analysis and patient acquisition strategy that are extremely valuable in helping Align Healthcare Real Estate better guide the business decisions of its clients.
Adding to the depth of relationships beneficial to Align’s clients, Karaman has also held leadership positions with other large healthcare systems, including St. Peter’s University Healthcare System in New Brunswick, N.J.; AtlantiCare Healthcare System in Egg Harbor, N.J.; and Centrastate Healthcare System in Freehold, N.J. In addition, for several years he has served as an Adjunct Professor with the Leon Hess School of Business at Monmouth University in West Long Branch, N.J.
Karaman earned a Master of Business Administration from Monmouth University; a Master of Public Administration with a concentration in Healthcare Administration from Kean University in Union, N.J.; and a Bachelor of Arts in Business Administration from Kean University.
About Align Healthcare Real Estate LLC
Align Healthcare Real Estate LLC., a full-service medical and dental real estate brokerage serving the New York, New Jersey and Connecticut Tri-State area, recently launched under the leadership of healthcare real estate veterans John Masserano and Joseph Lombardi. Services for practitioners include development of location strategy, market and demographic research, space finding and site selection, lease and real estate negotiation, practice expansion and relocation, acquisition, and transition. Services to real estate developers and owners include determination and implementation of development, leasing and selling strategies to maximize investment value, as well as providing a direct connection to doctors and healthcare professionals who rely on Align for their own strategies. Align is a sister company of the highly successful Masserano Real Estate and Consulting, which has been providing comprehensive practice development services to dental and healthcare organizations across the United States for nearly 20 years. Align has mastered the processes of market research, site selection, lease and purchase negotiations, acquisitions, design, budgeting, financing and overall project development to solve the specialized challenges faced in the Tri-State and Northeast areas.
For additional information, please visit https://alignhealthcarerealestate.com/.
Joseph S. Lombardi