Griffin-American Healthcare REIT IV Completed Acquisitions Totaling More than $178 Million During the Third Quarter 2018
"We continue to acquire accretively for the quickly growing portfolio of Griffin-American Healthcare REIT IV," said
Griffin-American Healthcare REIT IV purchased its first property in
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Comprised of prospective real estate acquisitions for which the company has executed letters of intent and/or purchase and sale agreements as of |
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Excludes the company's senior housing - RIDEA facilities. The company's senior housing - RIDEA facilities were 76.7 percent leased for the nine months ended |
About
About
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 qualified to be taxed as a real estate investment trust for federal income tax purposes beginning with its taxable year ended
About
*Includes the property information related to interests held in certain joint ventures. As of
This release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, including statements with respect to the growth of our portfolio and the completion of pending acquisitions. We intend for all forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act, as applicable by law. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: our strength and financial condition; the substantial closing conditions and satisfaction of other requirements detailed in the letters of intent and purchase and sale agreements for pending acquisitions; the uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of Griffin-American Healthcare REIT IV's real estate investment strategy; and other risk factors as detailed from time to time in Griffin-American Healthcare REIT IV's periodic reports, as filed with the
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(949) 427-1399 |
(949) 427-1377 |
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