FOR IMMEDIATE RELEASE
Supurva Healthcare Group, Inc. Announces New Direction And Management
Liverpool, New York (February 12, 2021) Supurva Healthcare Group, Inc. (“SPRV” or the “Company”) today announces that it has recently hired new management as the Company embarks in a new direction to acquire and manage medical properties.
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 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 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. The Company has this week reached a verbal agreement to acquire its first medical office building in Florida.
About the Company
Supurva Healthcare Group, Inc. is involved in the acquisition and development of real estate within the medical office building sector.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with the Securities and Exchange Commission.
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