authors Geert De Lombaerde
The CEO of regional real estate development firm Crescent Communities has joined the board of West End-based real estate investment trust MedEquities Realty Trust.
Todd Mansfield’s appointment became effective Wednesday. In his seat, he replaces James Pieri, a portfolio manager at investment firm BlueMountain Capital Management, which has the right to designate two of MedEquities’ nine board members. Mansfield (pictured) will serve as one of those BlueMountain representatives and will be a member of the MedEquities board’s compensation committee.
Mansfield has led Crescent Communities, which has worked on a number of prominent local office and apartment projects, since 2010 — first on an interim basis, then permanently starting in late 2011. Before that, he was chairman and CEO of fellow development firm Crosland.
MedEquities shares (Ticker: MRT) fell almost 1 percent Thursday to $10.59. They are down about 10 percent over the past six months.
Meharry Medical College officials will this morning cut the ribbon on a new mobile dentistry clinic that will work in underserved communities across the state. The clinic will be staffed by Meharry School of Dentistry third-year students and has four dental chairs, a portable X-ray machine and office space. Its services will be offered at reduced rates.
“Tennessee is facing a serious oral health crisis,” said James Hildreth, Meharry’s president and CEO. “According to HRSA, only 29 percent of our state’s dental health needs are met because there is a shortage of dentists. This makes it difficult for Tennesseans to receive even the most basic dental services.”
The clinic, which was partly funded by a $300,000 grant from the United Methodist Church, will begin its working life caring for children in state custody. Later, it will visit churches and senior centers.