Physicians’ Capital Investments Announces Relocation of its Corporate Headquarters to Dallas, TX
Tuesday, December 13, 2011
DALLS- Physicians’ Capital Investments, LLC (PCI/the Company) a leader in medical real estate development and medical investment solutions is pleased to announce the relocation of its headquarters from Plano, TX to Dallas, TX. The new headquarters, centrally located in Dallas’ Preston Center area, will house the Company’s real estate development, business development and administrative operations, as well as accommodate PCI’s future staffing growth needs. When fully operational, this new “nerve center” will employ approximately 17 professionals to speed the pace of innovation, collaboration and commercialization of PCI’s medical real estate fractional ownership and investment model. The Company plans to begin operations in its new headquarters at 8117 Preston Road, Suite 400, Dallas, TX 75225 on the 19th of December, 2011.
“Due to increased interest in PCI’s portfolio of services from our growing customer base and corresponding buildup in the number of projects, PCI made the strategic decision to be closer to is banking partners,” said Pedro Juan Vergne-Morell, PCI’s President and Chief Executive Officer. “PCI’s new headquarters sits in proximity to many of the world’s top banking/lending institutions, providing PCI accessibility to this deep resource pool at a transformative stage in our development. This move underscores our commitment to long-term growth, value creation and ease of access to/for our banking partners as we work to build a leading development and investment management company. The Company anticipates no increase in costs as a result of its relocation.”
About Physicians’ Capital Investments, LLC (PCI)
Founded in 2007, PCI has over 100 years of combined medical construction/development, clinical care and healthcare management experience. Over the last four years, PCI has successfully developed customized, high-quality, modern and efficient medical office and clinical facilities across the United States. PCI guides each project by providing ongoing expertise in project management, development, financing, lease negotiations, facility and investment management services. Typically, PCI provides a unique opportunity for individual physicians and their employees to purchase medical and clinical facilities while limiting liability. PCI is owned in part by physicians; which inspires the Company’s tagline “Physicians Investing in Physicians.” In addition to its Dallas headquarters office, PCI also maintains a regional office at 1225 Seventeenth St., Suite 1750, Denver CO 80202. For more information on PCI, please visit www.physcap.com.
This release may contain “forward-looking statements”. All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly from those envisaged by our forward-looking statements. Among the factors that could cause actual results to differ materially from those described or implied in the forward-looking statements are general business and economic conditions, production delays resulting from lack of regulatory certifications and other factors, competition in our existing and future markets, lack of market acceptance of our products and services, the substantial leverage and debt service resulting from our indebtedness, loss or retirement of key executives and other risks disclosed by us or generally associated with our business.