NASHVILLE, Tenn., Feb. 8, 2018 /PRNewswire/ -- MedEquities Realty Trust, Inc. (NYSE: MRT) announced the appointment of Todd W. Mansfield to its board of directors, effective February 7, 2018. Mr. Mansfield is a director designee of BlueMountain Capital Management. Mr. Mansfield replaced James B. Pieri, a portfolio manager at BlueMountain, who had served as a director designee of BlueMountain since July 2014 and resigned from MedEquities' board of directors on February 7, 2018 in order to focus on his professional pursuits at BlueMountain.
Mr. Mansfield has been the president and chief executive officer and a director of Crescent Communities, LLC, a private real estate investment company, since 2011. Mr. Mansfield served on the board of directors of American Residential Properties, Inc. from May 2013 to February 2016 and as a member of its audit committee and compensation committee. From 1999 to 2010, Mr. Mansfield served as the chairman and chief executive officer of Crosland LLC, a diversified real estate investment and development company. Before joining Crosland LLC, Mr. Mansfield was a managing director at Security Capital Group and spent 11 years at The Walt Disney Company, where as an executive vice president he had operating responsibility for its development and corporate real estate activities worldwide.
John McRoberts, chief executive officer and chairman of MedEquities, noted, "We would like to thank Jim Pieri for his contributions to MedEquities. Todd Mansfield's long and distinguished career in real estate investment with private and publicly traded companies will further enhance the strategic perspective and breadth of experience on our board of directors."
About MedEquities Realty Trust
MedEquities Realty Trust (NYSE: MRT) is a self-managed and self-administered real estate investment trust that invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company's management team has extensive industry experience in acquiring, owning, developing, financing, operating, leasing and monetizing many types of healthcare properties and portfolios. MedEquities' strategy is to become an integral capital partner with high-quality and growth-oriented facility-based providers of healthcare services on a nationwide basis, primarily through net-leased real estate investment. For more information, please visit www.medequities.com.
SOURCE MedEquities Realty Trust, Inc.
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