2018
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May 15, 2018
Griffin-American Healthcare REIT IV Reports First Quarter 2018 Results
“Griffin-American Healthcare REIT IV enjoyed an excellent first quarter, with continued growth in our portfolio and across a number of important financial and performance metrics,” said Jeff Hanson, chairman and chief executive officer.
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May 16, 2018
Griffin Capital Essential Asset REIT Reports 2018 First Quarter Results
We are pleased with our results, which reflect not only continued favorable market conditions, but also the strength of our value creation strategy, and the discipline we bring to bear in its implementation,” said Kevin Shields, Chairman and CEO of the REIT. “Our unique expertise as veteran operators, as well as acquirers, of complex commercial real estate positions us to deliver effectively on our objectives of generating stable income and long-term capital appreciation for the REIT’s shareholders. Looking ahead, we are excited about continued opportunities to drive value through careful acquisitions and dispositions of assets within our portfolio, with an ongoing emphasis on the highest quality properties in fast-growing metropolitan markets across the country.”
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May 16, 2018
Griffin Capital Essential Asset REIT II Reports 2018 First Quarter Results
"For the past year, we have continued to rely on the core strengths of our portfolio, under a guiding investment strategy that emphasizes current income, credit tenants, new properties, and long duration leases with embedded contractual growth,” said Michael Escalante, the REIT’s President. “Today, the REIT’s property portfolio is 100% leased and occupied. Our emphasis on being highly disciplined commercial property operators, together with our continued focus on acquiring only top quality assets under long-term leases to high quality corporate tenants, provide the REIT with significant forward momentum."
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May 17, 2018
Griffin-American Healthcare REIT III Reports First Quarter 2018 Results
“Since acquiring our first property in June 2014, Griffin-American Healthcare REIT III has built an international portfolio comprised of 208 healthcare properties and real estate-related investments valued at approximately $3.0 billion,1” said Jeff Hanson, chairman and chief executive officer. “Our selective acquisition strategy and active management philosophy has resulted in a portfolio that is performing well across all metrics and we remain very pleased with the progress we’ve made in a remarkably brief timespan.”
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May 31, 2018
Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Detroit
The approximately 85,000-square-foot medical office building was approximately 96 percent leased at the time of acquisition to multiple tenants, including Wayne State University Physician Group, which leases 42 percent of the building, and affiliates of Beaumont Health System, which lease 15 percent of the building.
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June 05, 2018
Griffin Capital Securities Launches Organizational Enhancements to Support Rising Demand for Alt Line-up
Central to these organizational enhancements is the appointment of Mark Pillor to the role of Senior Vice President, External Wholesaler at Griffin Capital Securities. In this position, Mr. Pillor will spearhead the delivery of support for independent broker-dealers in the Midwest region by partnering with financial advisors and aligning the best possible alternative investment strategies with their end clients. Previously, Mr. Pillor served as Associate Vice President, Internal Wholesaler at Griffin Capital Securities. His promotion demonstrates Griffin Capital’s commitment to promoting from within, and illustrates the success of the firm’s in-depth training approach, which helps its leaders develop the skills and sales professionalism needed to build and maintain strong long-term relationships with financial advisors.
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June 06, 2018
Griffin Capital Securities Achieves Record Growth Across All Intermediary Distribution Channels
Mark Goldberg, CEO of Griffin Capital Securities, LLC said, “Demand is rising for alternative investment strategies that improve portfolio construction and deliver superior risk-adjusted performance. We are seeing increased demand for all our strategies across all intermediary platforms. I am proud of our best-in-class distribution team. They remain focused on providing investment solutions and superior service to financial intermediaries who have entrusted us with their clients’ savings and investment needs.”
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June 11, 2018
Griffin Capital Essential Asset REIT Hits Milestone with Payment of its May Monthly Distribution
“This payment history milestone is a testament of the REIT’s commitment to providing robust and durable income to our shareholders,” said Kevin Shields, Chairman and Chief Executive Officer of Griffin Capital. “The payment also validates our strategy of purchasing office and industrial properties that we believe are essential to creditworthy tenants.”
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June 22, 2018
Griffin Institutional Access Real Estate Fund Announces Second Quarter Distribution
Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX) the second quarter distribution of $0.354 for Class A, $0.347 for Class C, $0.357 for Class I, $0.353 for Class L, and $0.351 for Class M, or a 5.22% annualized distribution rate. The distribution will be payable on June 29, 2018 to shareholders of record as of June 21, 2018, with an ex-dividend date of June 22, 2018.
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July 06, 2018
Griffin-American Healthcare REIT IV Acquires Assisted Living Facility in Beaumont, Texas for $19.5 Million
“The acquisition of Pinnacle Beaumont Assisted Living Facility further diversifies our growing portfolio in terms of asset class as well as geographically,” said Stefan Oh, executive vice president of acquisitions for American Healthcare Investors and Griffin-American Healthcare REIT IV. “In addition, this acquisition expands our relationship with Meridian Senior Living, a senior housing operator with extensive experience and expertise.”
