May 27, 2014
May 27, 2014, Dallas, TX - PCI | HealthDev® formerly Physicians' Capital Investments® (the Company), a leader in medical real estate development and medical investment solutions, is pleased to announce the addition of Greg Pakes as Controller. Greg will take over the position and duties held by Mary McKeogh who is retiring. Greg will be based at PCI | HealthDev's Dallas office. As Controller, Greg will lead the Company's accounting functions, as well as various associated FP&A activities and financial modeling of prospective real estate development projects. Greg will work closely with PCI's board, management, and real estate development teams to ensure that all such matters are handled in an efficient and timely manner, in order to maximize the Company's profitability and long-term growth strategies.
Greg Pakes Joins PCI | HealthDev as Controller
May 23, 2014
On Thursday, March 13, 2014, PCI | HealthDev was pleased to join Total Renal Care, Inc. (DaVita) for the Grand Opening of the new DaVita Twin Falls Dialysis Center, a 9,594 square foot dialysis center located at 582 N. Poleline Road, in Twin Falls, Idaho. Valerie Jackson, the Facility Administrator, commented that “We have built a beautiful place, a place that people on dialysis want to be, a place that is going to be a landmark in the community.” The new center boasts 24 stations, with heated, massage treatment chairs, Wi-Fi, and personal TVs with cable access for each patient.
DaVita Celebrated with Grand Opening in Twin Falls, Idaho
May 05, 2014
May 05, 2014, Dallas, TX - PCI | HealthDev® (formerly Physicians' Capital Investments®), a leader in medical real estate development and medical investment solutions, is pleased to announce the completion of development and funding of eight renal dialysis center projects leased by either Fresenius Medical Care (NYSE: "FMC") or DaVita, the kidney care division of DaVita HealthCare Partners Inc. (NYSE: "DVA"). These projects are located in Ankeny, IA; El Paso, TX; Gresham, OR; Las Vegas, NV; Lubbock, TX; Paris, TX; Sioux City, IA; Twin Falls, ID, and one medical practice office building located in Las Vegas, NV during November 1, 2013 through April 31, 2014.
PCI | HealthDev Announces the Completion of a Record Nine Projects In Six-Month Period
July 08, 2013
July 8, 2013, Dallas, TX - Physicians' Capital Investments®, LLC (PCI/the Company) is pleased to announce the addition of Bryan R. Parker as Senior Vice President (SVP) of Business Development in charge of the Company's relationship with DaVita Healthcare Partners, Inc. (DaVita/DVA). Bryan will be based at PCI's newly inaugurated Oakland, CA office. As SVP of Business Development, Bryan will be responsible for managing and further strengthening PCI's relationship and partnership with DVA, and will also work closely with PCI's board, management, and real estate development teams.
Bryan R. Parker Joins PCI | HealthDev as Sr. VP of Business Development
February 26, 2013
February 26, 2013, Dallas, TX - Physicians' Capital Investments®, LLC (PCI/the Company) is pleased to announce the addition of Adam K. Feldman as General Counsel. Adam will be based at PCI's Denver office. As General Counsel, Adam's focus will be to manage and oversee all of the legal and operational aspects of PCI's real estate acquisitions, dispositions, leasing, development and construction matters, debt and equity transactions, and various other legal matters. Adam will work closely with PCI's board, management, and real estate development teams to ensure that all such matters are handled in an efficient and timely manner, in order to maximize the Company's profitability and long-term growth strategies.
Adam Feldman Joins Physicians' Capital Investments As General Counsel
February 11, 2013
February 12, 2013, Dallas, TX - Physicians' Capital Investments, LLC (PCI), a leader in medical real estate development and medical investment solutions, and Fresenius Medical Corporation, N.A. (NYSE: "FMC") announced today that they received the "2013 Outstanding Development Award - New Construction" for its recent Sandy Complex, LP project from the City of Sandy, Oregon. The Sandy Complex, LP is an award-winning 4,696 SF, 12-station FMC Dialysis Facility located at 37139 Hwy. 26, Sandy, Oregon, 97055. The award was presented by Sandy Planning Commission Chair, Jerry Crosby and accepted by Jim Turner, Director of Business Development for PCI, and Jean Stevens, Regional Vice President of FMC.
PCI Wins Design Award for its Sandy, Oregon Project
December 12, 2012
December 11, 2012, Dallas, TX - Physicians' Capital Investments®, LLC (PCI/the Company) is pleased to announce the addition of Kerry R. Hicks as Vice-Chairman of PCI's Board. Kerry brings a wealth of experience growing healthcare companies in the U.S. Most recently, Kerry served as CEO of Healthgrades®. Kerry will work closely with the board and management team of PCI to further refine PCI's medical real estate development business model and to further accelerate the growth of the company.
Kerry R. Hicks Joins Physicians' Capital Investments as Vice-Chairman of Board
October 04, 2012
PCI "hits a home run"! - On September 13th, 2012 Physicians' Capital Investments ("PCI") in conjunction with Fresenius Medical Care ("FMC") and Balboa Nephrology Medical Group ("BNMG") broke ground on the Eastlake Complex located at 2391 Boswell Rd., Chula Vista, CA 91914. The building, a former indoor batting cage complex, is being gutted and repurposed to house a state-of-the art 24-station dialysis center. "I am amazed at the city support PCI has received throughout the permitting and approval process for this project. They are very appreciative of our efforts to re-purpose an existing and blighted building for the benefit of the citizens of Chula Vista in general and the Eastlake community in particular. They have truly acted as a partner to PCI, FMC and BNMG", said Pedro Juan Vergne-Morell, PCI CEO. In addition to Chula Vista dignitaries, PCI, FMC and BNMG staff members, this event was supported by the following speakers: the Honorable Pamela Bensoussan, Chula Vista City Council Member; Dr. Steven M. Steinberg, CEO of BNMG; Shaun Edelstein, COO of BNMG; Anna Charvez, FMC RVP of Operations and Pedro Juan Vergne-Morell, CEO of PCI.
Eastlake Complex Ground Breaking Announcement and Coverage
July 09, 2012
PCI developed a comprehensive refinancing, offering, liquidity creation event and real estate development solution which maximized the value of NTKDA's Waters Ridge facility by renewing soon-to-expire leases to 15 year terms and securing favorable financing terms which lowered their interest rate by 185 basis points (versus their existing rate). Via PCI's offering process, NTKDA is now able to offer to its new partners the ability to purchase into an existing real estate investment. In 2013 PCI expects to break ground on NTKDA's new ASC which will be partially financed by the liquidity generated from Waters Ridge facility transaction.
PCI Asset Monetization Case Study for NTKDA
March 14, 2012
Gresham\\\'s newest business park will soon see the start of construction for a new medical facility near the ON Semiconductor campus. The building will be owned in part by the Portland Hypertension and Nephrology Clinic, LLP (\\\"PHNC\\\") and will be leased to Fresenius Medical Care North America (\\\"FMC\\\"), which will relocate its existing Gresham clinic with 14 employees while adding approximately 10 full time local jobs.
PCI and Port of Portland Announce Gresham, OR Project
August 12, 2009
Written by Brad Buck A new dialysis clinic in Española will better serve patients in northern New Mexico, said officials with Fresenius Medical Care North America. Company officials broke ground on the 8,000 - square-foot facility last week and hope to open it for patient care by the end of this year. Debbie Turiciano, director of operations for Fresenius, said the new clinic will be on Calle de la Merced in Española and will replace the old, 5,000-square-foot dialysis center on Riverside Drive. "We've outgrown that clinic," she said. Some 76 patients use the current clinic. They and 30 more patients are expected to get treatment in the new facility, Turiciano said.
Santa Fe Complex Coverage in NM Free Press
July 29, 2009
A ground breaking ceremony for the Santa Fe Complex, LP will be held on Wednesday, August 5th at 11:30AM (MST). We are also pleased to announce that Paul Kovnat, M.D. of Nephrophiles LLC will be the Medical Director of the facility.
Santa Fe Complex, LP Groundbreaking Announcement
May 18, 2009
Highlevel News Flash regarding the Bryan Complex, LP ground breaking and project information.
Bryan Complex LP Ground Breaking News Flash
April 20, 2009
Published Monday, April 20, 2009 6:05 AM New dialysis clinic ceremony Thursday Fresenius Medical Care North America, operator of national network of dialysis facilities, will break ground this week on a new dialysis facility in Bryan. The community is invited to the groundbreaking ceremony at 11 a.m. Thursday at 1612 N. Texas Ave. The 7,344-square-foot clinic is expected to be completed this fall.