PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Whitney Williams
Marketing & Communications Manager
PMRG
(713) 209-5935

Oct 30, 2018

MADISON MARQUETTE BREAKS GROUND ON CLASS A HEALTHCARE FACILITY IN DESOTO, TX

National healthcare development platform expands to include Transitional Skilled Nursing Facility

 

DALLAS, TEXAS – The Dallas office of the recently merged PMRG and Madison Marquette today announced the start of construction on a 100-bed transitional skilled nursing facility located in DeSoto, Texas, a densely populated and economically thriving community within the Dallas/Fort Worth Metroplex. The property, DeSoto Transitional Rehabilitation Center (DeSoto TRC), is being developed in partnership with Global Prime Health, LLC and an associated group of multidisciplinary physicians and operation specialists.   

The development is slated for completion in Q4 2019, and will be operated by HMG Healthcare, a premier skilled nursing operator with multi-state operational experience and over 22 locations in Texas and Kansas. The Class A, 55,000 square foot facility will be located on 4.3 acres on Barrows Place, off N. Hampton Road, DeSoto, TX 75115.

“We are excited to kick off construction of this facility in a market where there is a current need for additional quality care options,” stated Peter Phillips, Madison Marquette Senior Vice President of Development and Construction. “DeSoto TRC is unique in that it is designed and licensed as a skilled nursing facility but serves as a bridge between the hospital and home, where the primary focus of comprehensive inpatient rehabilitation and subacute care is clearly on patient recovery.”

DeSoto TRC will provide a wide range of services including nursing care by registered professional nurses, bed and board, physical therapy, occupational therapy, speech therapy and social services. The delivery model is a cross between a traditional skilled nursing care facility and an inpatient rehabilitation facility, with the majority of patients staying less than 30 days and a small percentage staying longer, depending on their level of need. Unlike traditional skilled nursing facilities, DeSoto TRC will provide specific medical and rehabilitation services inclusive of neurology, orthopedic, cardiopulmonary and wound care, all emphasizing expedited patient recovery.  

With the addition of DeSoto TRC, Madison Marquette’s healthcare services group has successfully executed the ground-up development and construction management of more than 60 healthcare facilities valued in excess of $600 million. For additional information, please contact Glen Perkins, EVP Managing Director Healthcare Development.

About PMRG

PMRG merged operations with Madison Marquette in June 2018 to create a new leader in commercial real estate. The firm offers PMRG’s leasing, property management, investment management and development services, combined with Madison Marquette’s specialized development, investment and marketing expertise. Madison Marquette’s strength in retail and mixed-use assets joins PMRG’s office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG’s dominance in the southern US combines with Madison Marquette’s presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry. The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.