Mainstreet Adds $100 Million in Healthcare Assets in 2011, Continues to Expand Across Midwest

INDIANAPOLIS, Nov. 15, 2011 /PRNewswire/ — Mainstreet, one of the
fastest-growing healthcare real estate investment companies in the country,
added $100 million in new development assets in 2011, further showing a demand
in the market despite the sluggish economy. The company, which is currently
focusing on building next-generation healthcare campuses across the Midwest, is
already set to surpass that volume in 2012.

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“Mainstreet has identified a real need in the market for innovative healthcare
campuses that provide quality care and concierge service in a building that is
both aesthetically pleasing and that has a real community feel,” said Zeke
Turner, Chairman and CEO of Mainstreet. “Healthcare needs are changing and our
business model is built to meet the needs of this generation.”

Mainstreet has closed, or is closing on, a total of four properties in the
fourth quarter of 2011, including properties in Springfield, Ill., and Wabash,
Mishawaka and Westfield, Ind. Other 2011 closings included properties in
Valparaiso and Marion, Ind. Campuses will include a combination of
skilled-nursing, assisted-living care and Alzheimer’s care. Each of these
developments will create over 300 construction jobs and over 150 permanent
positions. The job creation associated with these six projects is over 2,000
jobs.

Providing healthcare for a variety of short-term and long-term needs, Mainstreet
offers guests need-based healthcare in an atmosphere that feels more like a
hotel than a hospital. Mainstreet’s innovative designs include multiple social
destinations, business centers, Wi-Fi access, restaurant dining, private rooms,
private baths and therapy/wellness centers.

To provide innovative solutions that empower people of all ages to lead
meaningful lives in a dignified setting with exceptional care, Mainstreet is
currently expanding into states across the Midwest with its next-generation
healthcare model.

For 2012, Mainstreet has already identified 10 additional development projects
in locations across Indiana, Illinois, Ohio and other Midwestern states.

“One distinctive characteristic of our properties is that they bring a sense of
dignity and pride to guests and residents. We hope to fundamentally change the
healthcare industry and implement a higher standard of care and community,” said
Ed Grogg, President of Mainstreet.

With the tagline, “Investing more than capital,” Mainstreet operates within a
social filter that provides an important dimension to its decision-making
process. The goal is to invest in properties that serve to enhance lives and
improve communities. In this, Mainstreet acts not only as an investor and
developer, but also as a true partner in the industry that is prepared to
advance the common good.

Mainstreet was named to the Inc. 500/5000 list in both 2010 and 2011. It was
listed as the third-fastest growing private company in the area by the
Indianapolis Business Journal and one of 41 “Companies to Watch” in the state by
the Indiana Economic Development Corporation, Purdue University and the Edward
Lowe Foundation. For more information visit: http://www.mainstreetcap.net.

Note to Editors: For more information about Mainstreet, please contact Julie
Shutley at 972-267-1111 or e-mail julie@alarryross.com.

FOR INFORMATION, CONTACT:
A. Larry Ross Communications
Julie Shutley 972.267.1111
julie@alarryross.com
Steve Yount 972.267.1111
steve@alarryross.com

SOURCE Mainstreet

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