One of the recent deals struck by Griffin-American Healthcare REIT III is the planned $41.6 million acquisition of the four-story, 154,089 square foot Morristown Professional Building in Morristown, N.J. The price is $41.6 million.
(Photo courtesy of Kalmon Dolgin Affiliates Inc.)
Non-traded REIT landing MOB portfolios for more than $20M; more deals coming
By John B. Mugford
With 2014 looking like the “year of the medical office building (MOB) portfolio sale,” Irvine, Calif.-based Griffin-American Healthcare REIT III did its part to solidify such a notion by entering two big deals recently.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
