Global Medical REIT, Inc. Announces the Appointment of Mark Kennedy as a Senior Vice President of Business Development
October 04, 2016 at 08:30 am EDT
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Global Medical REIT, Inc. announced that it has further expanded the company’s business development team with the appointment of Mark Kennedy as a Senior Vice President of Business Development. The appointment of Mr. Kennedy follows the recent addition of Mr. Frank Wilich, Jr. in a similar role as the company continues to build out its business development and acquisition functions. Mr. Kennedy brings additional experience in healthcare real estate and will help to lead the company’s efforts in the southern US from the Dallas office. As a Senior Vice President of Business Development, Mr. Kennedy will focus on growing Global Medical’s strategic relationships with leading clinical operators with dominant market share. Mr. Kennedy, along with Mr. Wilich, report to the company’s Chief Executive Officer, who, along with the company’s Chief Investment Officer, lead the company’s business development and acquisition efforts.
Global Medical REIT Inc. is an internally managed real estate investment trust (REIT). The Company acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The Company conducts its business through a wholly owned subsidiaries of its operating partnership, Global Medical REIT L.P. It owns 92.91% of the outstanding common operating partnership units (OP Units) of its operating partnership, with an aggregate of 7.09% of the Operating Partnership owned by holders of long-term incentive plan units (LTIP Units) and third-party limited partners who contributed properties or services to the operating partnership in exchange for OP Units. Its portfolio includes medical office buildings (MOBs), inpatient rehab. facility (IRF), surgical hospital and others. The Company's portfolio is located in various areas, including Texas, Florida, Ohio, Oklahoma, Pennsylvania, Arizona, and Illinois.