This multi-tenant medical office building is currently approximately 97 percent leased and anchored by
"This is an attractive acquisition that expands the Griffin-American Healthcare REIT IV portfolio and extends our reach in the state of
Griffin-American Healthcare REIT IV financed the acquisition using cash on hand.
Griffin-American Healthcare REIT IV purchased its first property in
Griffin-American Healthcare REIT IV intends to build a balanced and diversified portfolio of healthcare real estate assets, focusing primarily on medical office buildings, hospitals, skilled nursing facilities, senior housing and other healthcare-related facilities. Griffin-American Healthcare REIT IV also seeks to provide: portfolio diversification, preservation of capital, monthly distributions and capital appreciation by increasing the value of its properties for its stockholders. Griffin-American Healthcare REIT IV intends to elect to be taxed as a REIT for federal income tax purposes beginning with its taxable year ended
*Includes the property information related to interests held in certain joint ventures.
This release contains certain forward-looking statements, including statements with respect to the market conditions in
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