Griffin-American Acquires MOB and Senior Care Portfolio for $103M

Griffin-American Healthcare REIT II has acquired a large portfolio of senior care and medical office facilities for an aggregate $103 million, just a week after Health Care REIT’s blockbuster agreement to acquire Sunrise Senior Living Inc. in an all-cash deal for nearly $1 billion.

The non-traded Griffin-American Healthcare REIT II acquired the 13-building senior care portfolio in Washington and Oregon along with seven medical office buildings…

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