Physicians Realty Trust completes $1.28B investments in 2016: 5 key notes

Physicians Realty Trust, a self-managed healthcare properties REIT, completed $1.28 billion investments last year.

Here are five key notes:

1. The company finished the year strong with the acquisition of 11 medical office facilities, totaling $225 million in investments.

2. Physicians Realty Trust now has around 11 million rentable square feet of medical office space that is more than 95 percent leased.

3. The company partners with around 1,100 health systems and medical service provider tenants.

4. John Sweet, founder and chief investment officer of Physicians Realty Trust, stepped down from his position and the company promoted Deeni Taylor as the executive vice president and chief investment officer. Mr. Taylor will report to president and CEO John Taylor. Daniel M. Klein was promoted to senior vice president-deputy chief investment officer.

5. The company continues to work on investments with Catholic Health Initiatives.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast