Global Medical REIT Inc. Appoints Frank Wilich, Jr. as Senior Vice President of Business Development
August 11, 2016 at 11:27 pm
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Global Medical REIT Inc. announced that it has expanded the company`s senior management team with the appointment of Frank Wilich, Jr. as Senior Vice President of Business Development. Wilich has an extensive background in healthcare real estate and will work out of the company`s Boston office. The company is expanding its pipeline of potential property acquisitions, and Mr. Wilich will have a primary responsibility for growing it`s strategic relationships with leading clinical operators with
dominant market share. Frank Wilich, Jr. brings experience in new business development, mergers and acquisitions, B2B marketing, operations, private investment, government relations and large account sales in the medical technology, healthcare delivery, and most recently, medical real estate financial services. For the past 20 years, Mr. Wilich has been the principal of FW Associates, chemical processing and specialty hospitals.
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.