NEWPORT BEACH, Calif. – Don’t expect much to change – besides the name – now that the transition to a new co-sponsorship is complete at Griffin-American Healthcare REIT II, formerly known as Grubb & Ellis Healthcare REIT II. That’s because the executive leadership at the unlisted healthcare real estate investment trust (REIT) says that Griffin-American Healthcare REIT II will continue to be aggressive in looking for acquisition opportunities to continue growing the portfolio, as has been the case since its inception in late 2009. The goal is to build value for an eventual liquidity event, be it a sale or listing on a public stock exchange, according to company executives.
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