American Healthcare Investors Q3 Report Reveals Nearly $100M in Acquisitions

IRVINE, CA –  As the co-sponsor of Griffin-American Healthcare REIT III Inc. and Griffin-American Healthcare REIT IV Inc., American Healthcare Investors revealed its third-quarter activity; stating that it completed $99.5 million in acquisitions on behalf of the two REITs.

The completed acquisitions include five medical office buildings, one integrated senior health campus and one land parcel. Griffin-American Healthcare REIT III acquired an 86,000-square-foot integrated senior health campus in Indiana for $14.1 million, as well as a land parcel for $1 million. Griffin-American Healthcare REIT IV purchased five medical office buildings totaling 246,000 square feet throughout Illinois, Kansas, Massachusetts, Ohio and Tennessee for a total contract purchase price of $84.4 million.