Transactions: Griffin-American REIT snaps up MOBs

DURING THE FIRST QUARTER OF 2012, THE UNLISTED REIT HAS BEEN ON A TEAR

By John Mugford

Griffin-American Healthcare REIT II recently acquired the five-story, 96,000 square foot Spokane (Wash.) Integrated Medical Plaza for $32.5 million.
Photo courtesy of Hammond Hanlon Camp LLC

We realize that when it comes to our coverage of healthcare real estate transactions, we’ve been giving plenty of press to Griffin-American Healthcare REIT II, the unlisted healthcare real estate investment trust (REIT) based in Newport Beach, Calif.

However, the coverage of the REIT simply cannot be denied, as the company has become one of the most prolific buyers in the healthcare real estate sector.

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