Mark Decker, Jr. Appointed CEO of Global Medical REIT

Global Medical REIT has appointed Mark Decker, Jr. as CEO and President, replacing Jeffrey Busch. Decker has experience in real estate operations and capital markets, having previously worked at Proterra Investment Partners, Centerspace, and BMO Capital Markets. The Board of Directors hopes Decker will bring a fresh strategic perspective to guide the company's portfolio management and growth initiatives.

Global Medical REIT Inc. (NYSE: GMRE) has appointed Mark Decker Jr. as the company's new Chief Executive Officer and President, effective immediately. Mr. Decker will join the Board of Directors and succeeds Jeffrey Busch, who will continue to serve as non-executive Chairman [1].

The appointment comes as part of the Board's ongoing efforts to maximize shareholder value by introducing a fresh strategic perspective to guide the company's portfolio management and growth initiatives. Mark Decker Jr. brings extensive real estate operational experience and deep capital markets expertise to the role [1].

Prior to joining Global Medical REIT, Mr. Decker served as President, CEO, Trustee & Chief Investment Officer at Centerspace (NYSE: CSR) for nearly seven years. During his tenure, he led the company through a significant transition from a diversified real estate company to a focused owner-operator of apartments, resulting in higher earnings quality, balance sheet simplicity, and an award-winning performance-oriented culture [1].

Before Centerspace, Mr. Decker worked as Managing Director and U.S. Group Head of Real Estate Investment and Corporate Banking at BMO Capital Markets, where he spent two decades serving the real estate industry as a senior banker. He earned a Bachelor of Arts in History from the College of William & Mary [1].

The appointment of Mark Decker Jr. follows a period of significant distress in the U.S. commercial real estate credit market. Delinquencies and distressed loans have been on the rise, with the past-due and nonaccrual rate for commercial real estate portfolios reaching the highest level since 2014 [2].

Despite the challenges in the broader commercial real estate market, Global Medical REIT remains focused on its core business of acquiring and managing healthcare facilities. The company's net-lease medical real estate investment trust model has positioned it to benefit from the growing demand for healthcare services.

The Board of Directors expressed gratitude to Jeffrey Busch for his leadership and dedication since the company's founding. Busch's contributions have laid a strong foundation for Global Medical REIT's continued success [1].

Mark Decker Jr. commented, "I am excited to begin work with our team as we write the next chapter for the business." The appointment signals a new strategic direction for the company, with a focus on leveraging Mr. Decker's extensive experience to drive growth and portfolio management initiatives [1].

References:
[1] https://www.stocktitan.net/news/GMRE/global-medical-reit-appoints-mark-decker-jr-as-h44ov8r2maup.html
[2] https://www.bloomberg.com/news/articles/2025-06-21/commercial-real-estate-distress-is-spreading-credit-weekly