John Thomas, president and CEO of Physicians Realty Trust (NYSE: DOC), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.
Thomas discussed Physicians Realty Trust’s positive resolution with LifeCare Facilities, which previously operated its three long-term acute care hospitals, following that company’s bankruptcy. He said the REIT has fully recovered, with all leases “assumed as-is,” and was even repaid for all legal costs.