A BLEND OF NEW AND VETERAN EXECUTIVES HAVE REFILLED THE FIRM’S PIPELINE
By Murray W. Wolf
You might recall that Rendina Cos. sold about 28 properties to Windrose Medical Properties in 2005. At the time, it appeared simply to be a case of a savvy healthcare real estate development firm capitalizing on a run-up in prices for medical office buildings (MOBs). After all, then- Chairman and CEO Bruce A. Rendina hadn’t become one of the nation’s most successful and best-known MOB developers without a keen sense of timing.
But suddenly it seemed that the company’s motivations might be more than just financial. Word began to spread in the winter of 2005-06 that Mr. Rendina had been diagnosed with a brain tumor. Sadly, the rumors were true, and he passed away on Dec. 13, 2006, at the age of 52.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.