SAN DIEGO, California (March 8, 2012) – PMB Real Estate Services, a leader in providing real estate management solutions for healthcare, has promoted Stephen King to President.
As President, Stephen is responsible for leading the real estate services team. Stephen has an extensive real estate background and is a successful team builder. His areas of expertise include real estate operations, development, construction, leasing, asset management, property management, reporting, and financial administration. Throughout his 30-‐year career, Stephen has worked with such firms as PS Business Parks, (NYSE: PSB); a joint venture with RREEF/CalPERS; and USAA. Stephen received his BA in Economics from Texas A&M University.
Mark Toothacre, President of Pacific Medical Buildings said, “We are delighted to have Stephen at the helm of PMB Real Estate Services. He is a proven team builder with an intense focus on customer satisfaction, bringing value to our tenants and healthcare clients. Stephen has already made significant operational contributions to PMB Real Estate Services since joining in early 2011. We are fortunate to have someone of Stephen’s experience and capabilities. We are confident his leadership and vision will serve to enhance PMB Real Estate Services’ position as a Healthcare Real Estate industry leader.”
About PMB Real Estate Services
PMB Real Estate Services, a leader in providing real estate management solutions for healthcare, manages a portfolio of 44 medical office buildings throughout California, Nevada, Arizona, Oregon, Washington, Louisiana, and Hawaii. Company services include asset management, tenant relations, tenant improvement construction, maintenance and repairs, property accounting, and lease negotiation. PMB Real Estate Services LLC is owned by an affiliate of Pacific Medical Buildings LLC (www.pacificmedicalbuildings.com), the leading developer of hospital based healthcare facilities in the West, and Ventas, Inc. (www.ventasreit.com) NYSE: VTR, the leading seniors housing and healthcare real estate investment trust in the United States.
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