Post-Acute & Senior Living: Global Medical lands year-end deal

Publicly traded REIT’s portfolio now has 31 properties and 666,000 square feet

By John B. Mugford

For Bethesda, Md. Global Medical REIT Inc. (NYSE: GMRE) the closing days of 2016 brought with it an end-of-the-year acquisition: three rehabilitation hospitals operated by Birmingham, Ala.-based HealthSouth Corp. (NYSE: HLS) for a total price of $68.1 million.

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