Mainstreet Creates Operating Company; Hires Industry Leader as New President

INDIANAPOLIS, March 24, 2014 /PRNewswire/ — Mainstreet, the nation’s largest
and most innovative developer of short-stay, rehabilitation facilities,
announced the launch of a new operating company to further revolutionize the
industry and transform the patient experience.

David Stordy, an accomplished health care executive and leader, has been named
president of Mainstreet’s new operating company.

“Mainstreet is committed to fundamentally changing the way health care is
delivered,” Founder and CEO Zeke Turner said. “Consumers are demanding the kind
of high-end, hospitality-oriented amenities that Mainstreet builds. The decision
to move into operating some of the facilities we build is a natural one and
consistent with our mission to transform the industry across the United States.
We are very excited to have David on board to lead this effort. He is a
well-known and respected leader within the sector who will bring a fresh
perspective and innovative ideas to our company.”

Mainstreet’s developments under construction in Bloomington and Carmel, Indiana
will be the first that will be run by Mainstreet’s operating company.

Stordy, Mainstreet’s new operating company president, is a health care industry
veteran. He has served as the President of Golden LivingCenters, which has more
than 300 properties in 21 states with annual revenues in excess of $2.0 billion.
Prior to joining Golden Living, David has successfully functioned in prominent
operations leadership positions including serving as a Senior Vice President of
Operations for SunBridge Healthcare and Kindred Healthcare.

“I am excited to join the Mainstreet team and help execute on our shared vision.
Mainstreet has a long track record of success. I was attracted to this
opportunity primarily because of our vision to transform the industry by
providing a superior customer experience within the finest ‘first class’ medical
resorts,” Stordy said.

About MainstreetĀ®

Indiana-based Mainstreet is the nation’s most-innovative developer of short-stay
rehabilitation properties, known for acquiring and developing desirable,
concierge-based health care properties. The company’s industry-leading Next
GenerationĀ® designs meet the demands of the Baby Boomer, creating communities
with multiple social destinations, restaurant-style dining, spacious private
rooms and baths, and therapy/wellness. Mainstreet was named to the Inc 500/5000
list of fastest-growing companies in 2010, 2011 and 2012. For additional
information, visit www.mainstreetcap.net.

Contact: Kate Snedeker
Mainstreet
317. 420.0205
ksnedeker@mainstreetcap.net

SOURCE Mainstreet

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