Industry Pulse: G-A REIT II Completes Northstar Merger

 

G-A Healthcare REIT II in 2014 acquired Eagle Medical Center in Carson City, Nev. Photo courtesy of LoopNet.com

G-A Healthcare REIT II in 2014 acquired Eagle Medical Center in Carson City, Nev.
Photo courtesy of LoopNet.com

$4 billion deal included 289 assets in 32 states and the U.K.

American Healthcare Investors and Griffin Capital Corp., the co-sponsors of Griffin-American Healthcare REIT II, announced Dec. 3 that they had completed a previously announced merger between Griffin-American and NorthStar Realty Finance Corp. NorthStar acquired all of the outstanding shares of Griffin-American in a stock and cash deal valued at $4 billion.

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