CHARLOTTE, N.C., Dec. 30, 2020 /PRNewswire/ -- Nelson Schwab has been appointed non-executive Chairman of the Board of Directors of Flagship Healthcare Trust, Inc., a private real estate investment trust (REIT) managed by Flagship Healthcare Properties, LLC (Flagship). In addition, J. Brannen Edge III has been appointed the REIT's new chief executive officer. Flagship also announced that TriPost Capital Partners, a real estate private equity firm with representation on Flagship's board, has made an additional $20 million investment in the REIT. TriPost made its initial investment in Flagship in 2018.