Vineet Bedi joins MedAmerica Properties
BOCA RATON, Florida, May 25, 2018
MedAmerica Properties Inc. today announced that Vineet Bedi, CFA has been appointed to the Board of Directors, effective May 23, 2018.
Gary O. Marino, the Company’s Chairman of the Board of Directors, commented, “We are excited that Vineet has agreed to join our Board of Directors. His extensive experience in public and private market real estate, capital raising and deal structuring will be of significant importance over the coming months as we transform the Company in its path forward as a leading real estate company.”
Mr. Bedi commented, “I are extremely excited to join the Board of Directors of MedAmerica Properties, Inc. I have long shared Gary, Joe and the Board of Directors’ vision that fragmentation within the medical real estate space, especially at a smaller asset size. holds great potential to capitalize on the spread between public and private market real estate values. MedAmerica is a compelling value proposition with a wide range of real estate opportunities in a large but untapped sandbox, a lean and high-quality team of employees and a platform to focus on long-term NAV growth for stakeholders.”
New Executive Biography
Mr. Vineet P. Bedi has over 15 years of experience in real estate investing, private equity, capital markets and public securities investing. Mr. Bedi served as the Founder, Managing Partner and Chief Investment Officer of KRV Capital LP, an alternative asset management firm investing in real estate and hard assets across the capital structure with a focus on liquid and illiquid deep value investment opportunities. Previously, Mr. Bedi served as a Managing Director and Portfolio Manager at Guggenheim Partners where he managed an opportunistic portfolio in the public and private real estate markets. Prior, Mr. Bedi was a Principal and senior investment professional at High Rise Capital Management LP, a multi-billion dollar opportunity fund investing in the public and private real estate markets. Mr. Bedi began his career in the investment banking and proprietary trading groups at Bank of America Merrill Lynch and has held senior positions with Carlson Capital LP, Schonfeld Group Holdings and Booth Park Capital Management LLC. Mr. Bedi serves as an Adjunct Associate Professor of Finance at the NYU-Stern School of Business. Mr. Bedi is a graduate of the NYU-Stern School of Business and is a CFA® charterholder.
About MedAmerica Properties Inc.
MedAmerica Properties Inc. is a Delaware corporation pursuing the acquisition and management of well-located medical office buildings with the intention of aggregating multiple properties with strong fundamentals in attractive geographic locations, in the United States.