Mainstreet Health Investments Inc. Announces Appointment of Scott White as CEO

TORONTO, Jan. 9, 2017 /CNW/ - Mainstreet Health Investments Inc. (TSX:HLP.U) (the "Company") announces that Mr. Scott White has been appointed to the position of Chief Executive Officer.  Prior to his appointment, Mr. White served as the President and Chief Operating Officer of the Company where he was responsible for the day-to-day operations and overall strategy.

"I am honored to be appointed to the position of CEO and I am excited to continue to move the company forward," said Scott White. "We have an amazing team and an exceptional company.  We are prepared to move forward rapidly and continue to execute on our strategy and mission."

"I am thrilled that Scott has accepted the role of CEO," said Zeke Turner, Chairman of the Board. "Continuity is incredibly important to the long term success of a company. This is exactly the reason you build a deep bench of talent on the roster. This is a great day for Mainstreet Health Investments and our shareholders. I know Scott will do a great job in this new role and I look forward to working closely with him."

Before serving in his current role with the Company, Mr. White was executive vice president of investments at Mainstreet Property Group ("Mainstreet") and an executive vice president with HealthLease Properties Real Estate Investment Trust ("HealthLease"). Prior to joining Mainstreet and HealthLease, Mr. White spent over 15 years on Wall Street. Mr. White served as a senior vice president in the private funds group of Brookfield Asset Management Inc. His career experience also includes a tenure as director and head of deal management at Citigroup's alternatives distribution group.

Before focusing his career on alternative assets, Mr. White was part of the healthcare group at Citi's Investment Bank, working with clients in the healthcare sector on M&A and capital raising assignments. He began his career in public accounting as an auditor for PricewaterhouseCoopers. Mr. White earned a bachelor's degree with highest honors in political science and journalism from Rutgers University. He received his master's in business administration from Rutgers Graduate School of Management and his law degree from the University of Pennsylvania Law School. He is a certified public accountant, is admitted to the bars of New York and New Jersey, and holds securities industry FINRA licenses Series 7, 24 and 63. 

About Mainstreet Health Investments Inc.

Mainstreet Health Investments Inc. is a North American health care real estate company with a growing portfolio of high quality properties located in the United States and Canada. Our properties are operated by best-in-class health care providers under long-term, triple net leases. Our mission is to create long-term shareholder value while providing an investment opportunity that matters. For more information, visit www.mainstreethealthinvestments.com.

SOURCE Mainstreet Health Investments Inc.

For further information: Scott White, Chief Executive Officer, (201) 927-4758, swhite@maininvest.com; Randy Henry, Director of Investor Relations, (317) 582-6971, rhenry@maininvest.com