2018
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August 15, 2018
Griffin Capital Essential Asset REIT II Reports 2018 Second Quarter Results
“In the second quarter of 2018, we completed the 1031 exchange of the DreamWorks campus with acquisitions of the McKesson property in Scottsdale, AZ and the Shaw Industries facility in Port Wentworth (Savannah), GA,” said Chairman and CEO of the REIT, Kevin Shields. “We renewed five leases for approximately 1.8 million square feet, of which four leases totaling approximately 382,000 square feet were long-term extensions, and one lease for approximately 1.4 million square feet is a short-term extension. We believe these actions further solidify our existing portfolio of business-essential assets and puts us in a strong position to continue generating income for our shareholders.”
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August 15, 2018
Griffin Capital Essential Asset REIT Reports 2018 Second Quarter Results
“In the second quarter of 2018, we completed the 1031 exchange of the DreamWorks campus with acquisitions of the McKesson property in Scottsdale, AZ and the Shaw Industries facility in Port Wentworth (Savannah), GA,” said Chairman and CEO of the REIT, Kevin Shields. “We renewed five leases for approximately 1.8 million square feet, of which four leases totaling approximately 382,000 square feet were long-term extensions, and one lease for approximately 1.4 million square feet is a short-term extension. We believe these actions further solidify our existing portfolio of business-essential assets and puts us in a strong position to continue generating income for our shareholders.”
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August 16, 2018
Griffin-American Healthcare REIT III Reports Second 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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August 27, 2018
Griffin Institutional Access Real Estate Fund Surpasses $2.5 Billion in AUM
Griffin Capital Company, LLC (“Griffin Capital”) announced today that Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX; the “Fund”) exceeded $2.5 billion in assets under management. The Fund achieved this mark on August 22, 2018.
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September 12, 2018
Griffin Capital Company Announces Strong Month in Investor Flows August ’18 Success Driven by Continued Demand for Interval Funds
“There is a growing demand for diversification in client portfolios beyond those available in listed securities,” Mark Goldberg, CEO of Griffin Capital Securities said. “We are committed to fulfilling that need with our four open investment solutions that resonate with our intermediary partners and their clients.”
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September 21, 2018
Griffin Institutional Access Real Estate Fund Announces Third Quarter Distribution
Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX) the third quarter distribution of $0.356 for Class A, $0.348 for Class C, $0.359 for Class I, $0.355 for Class L, and $0.353 for Class M, or a 5.22% annualized distribution rate. The distribution will be payable on September 28, 2018 to shareholders of record as of September 20, 2018, with an ex-dividend date of September 21, 2018.
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September 25, 2018
Griffin Capital Essential Asset REIT Reports Robust 2018 Leasing Activity
“This significant leasing activity demonstrates the management team’s creativity, tenacity and persistence in executing renewal, replacement and new lease transactions that both maintain and add value to the portfolio,” said REIT President and Chief Investment Officer Michael Escalante.
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October 04, 2018
Griffin-American Healthcare REIT III Announces Updated Estimated Per Share Net Asset Value of $9.37
“We continue to be very pleased with the performance of Griffin-American Healthcare REIT III, which acquired its first property a little more than four years ago and has since established a premier international portfolio of 210 healthcare properties and real estate-related investments valued at approximately $3.44 billion,” said Jeff Hanson, chairman and CEO of Griffin-American Healthcare REIT III. “The continued year-over-year growth in our estimated per share net asset value demonstrates the continued maturation of our portfolio and validates our investment thesis, which is to aggregate attractive healthcare real estate assets into a significant portfolio that generates value and income for our stockholders.”
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October 04, 2018
Griffin-American Healthcare REIT IV Acquires Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million
“Missouri Skilled Nursing Facility Portfolio is an exceptional addition to the Griffin-American Healthcare REIT IV portfolio,” said Stefan Oh, executive vice president of acquisitions for American Healthcare Investors and Griffin-American Healthcare REIT IV. “The facilities enjoy high bed occupancy and 1.8 times year one rent coverage. Additionally, Reliant Care Management is one of the premier skilled nursing operators in the state of Missouri and a strong new partner for the REIT.”
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October 11, 2018
Griffin Institutional Access Credit Fund Announces Third Consecutive Increase in Quarterly Distribution Rate
EL SEGUNDO, California (October 11, 2018) – Griffin Capital Company, LLC announced on behalf of Griffin Institutional Access Credit Fund (the “Fund,” NASDAQ: CRDTX, CGCCX, CRDIX, CRDLX) the payment of the third quarter distribution which occurred on October 1, 2018. This most recent payment represented an annualized rate of 6.49% for Class A, 6.50% for Class C, 6.49% for Class I, 6.54% for Class L, and 6.46% for Class F.
