Supurva Healthcare Group Inc (SPRV)

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Yes, company has the evolution to grow!

The Evolution of SPRV

The company recently announced that it hired a new management team to embark on a new direction centered on acquiring and managing medical properties.

According to the release, effective February 1, 2021, John D. Murphy Jr. has been formally hired as President and Chief Executive Officer of Supurva Healthcare Group, Inc.

Mr. Murphy brings over thirty years' experience in the design, development, construction, leasing, management, and acquisition of medical office properties.

In recent years, Mr. Murphy has reportedly guided the disposition and acquisition of medical office properties in New York, Virginia, South Carolina, Tennessee, and Florida with a combined value in excess of $150 million.

Mr. Murphy will evidently oversee the acquisition of medical properties, obtaining the necessary capital to facilitate Supurva's new strategic initiative and establish the policies and procedures to manage the acquired properties.

What's more, the company reached a verbal agreement to acquire its first medical office building in Florida in mid-February. Now, as it stands from there forward, Supurva Healthcare Group, Inc. is involved in the acquisition and development of real estate within the medical office building sector.