Global Healthcare REIT, Inc. Announces Board Changes
June 05, 2019 at 09:13 pm IST
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Effective June 1, 2019 Andrew Sink tendered his letter of resignation as a member of the Board of Directors of Global Healthcare REIT, Inc., effective immediately. Effective June 1, 2019 the Board of Directors of the Company has appointed Mr. John H. Downs, Jr. to serve as a member of the Board of Directors of Global Healthcare REIT, Inc. to fill the vacancy created by the resignation of Mr. Sink. John H. Downs, Jr., age 62, has been President and Chief Executive Officer of the National Confectioners Association and NCA's Chocolate Council since 2014. In 2015, he was appointed to the U.S. Chamber of Commerce's Association Committee of 100. For the 28 years prior to his appointment to the NCA, Mr. Downs was senior executive management within the Coca-Cola system of companies, concentrating his activities in international government relations and public affairs.
Selectis Health, Inc. acquires, develops, leases, manages, and disposes of healthcare real estate, provides financing to healthcare providers, and provides healthcare operations through its wholly owned subsidiaries. Its portfolio is comprised of investments in three healthcare segments: senior housing, including independent and assisted living, and post-acute/skilled nursing facilities. The Company owns and operates, through wholly owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the United States. Assisted Living Facilities are licensed care facilities that provide personal care services, support, and housing for those who need help with activities of daily living yet require limited medical care. Independent Living Facilities are designed to meet the needs of seniors who choose to live in an environment surrounded by their peers.