Griffin-Ameri
can Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission
IRVINE, Calif. (Feb. 17, 2016) – Griffin-American Healthcare REIT IV, Inc. today announced that its registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission on Feb. 16, 2016.
Griffin-American Healthcare REIT IV intends to qualify as a real estate investment trust for federal income tax purposes and will offer up to 300,000,000 shares of its common stock for sale at $10.00 per share and up to an additional 15,789,474 shares of its common stock for issuance under its distribution reinvestment plan at $9.50 per share in a publicly registered, non-traded offering. Griffin-American Healthcare REIT IV intends to invest in a portfolio of healthcare real estate assets, focusing primarily on medical office buildings, senior housing facilities, skilled nursing facilities and hospitals.
A copy of the final prospectus for the offering is available without charge upon written request addressed to Griffin-American Healthcare REIT IV, Inc., c/o Griffin Capital Securities, LLC, 18191 Von Karman Avenue, Suite 300, Irvine, Calif. 92612. Phone inquiries may be directed to (949) 270-9300. The prospectus is available electronically at www.HealthcareREIT4.com.
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