2019
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January 08, 2019
Griffin-American Healthcare REIT IV Completed Acquisitions Totaling More than $200 Million During the Fourth Quarter 2018
“We had a very active fourth quarter, with more than $200 million in acquisitions that add significant value to the portfolio of Griffin-American Healthcare REIT IV,” said Stefan Oh, executive vice president of acquisitions for American Healthcare Investors and Griffin-American Healthcare REIT IV. “In fact, the entirety of 2018 was a busy one for acquisitions, as we completed the purchase of nearly $450 million of accretive healthcare investments throughout the country and have identified an additional $120.1 million in pending acquisitions that we are working to close.”
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January 08, 2019
Griffin Capital Raised and Issued $1.6 Billion in Investor Capital in 2018
The company’s Institutional Access® interval funds made up the majority of the investor inflows for the year at $1.1 billion, of which $1.0 billion was raised for the Griffin Institutional Access Real Estate Fund. Griffin Institutional Access Real Estate fund also grew its assets under management to $2.8 billion as of December 31, 2018.
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February 04, 2019
Griffin Institutional Access Real Estate Fund Posts Record-Setting Month in January
“We are extremely proud of the Fund’s performance and the value created for our shareholders, especially in 2018 where almost nothing performed,” said Dr. Randy I. Anderson, President, Griffin Capital Asset Management Company. “We maintain our active focus on durable income generation from core assets located in top real estate markets. We believe diversification, prudent portfolio construction and risk management will be critical in navigating today’s environment of increased levels of market volatility.”
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March 06, 2019
Griffin Institutional Access Real Estate Fund Surpasses $3 Billion in Assets Under Management
“We attribute our success to our ability to deliver on the Fund’s stated investment objective of generating returns comprised of both current income and capital appreciation with moderate volatility and low correlation to the broader markets,” said Dr. Randy I. Anderson, President, Griffin Capital Asset Management Company. “Moving forward, we will continue to utilize a research-based approach to actively allocate across public and private real estate securities in an effort to deliver strong risk-adjusted returns for our investors.”
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March 19, 2019
Griffin Capital Essential Asset REIT II Reports Fourth Quarter and Full Year 2018 Results
“We ended 2018 with a fully leased and occupied portfolio and are excited about the pending merger with Griffin Capital Essential Asset REIT, once approved by their stockholders”.
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March 19, 2019
Griffin Capital Essential Asset REIT Reports Fourth Quarter and Full Year 2018 Results
“2018 was another strong year for the REIT - we acquired three new properties which added approximately 1.9 million square feet to our portfolio and we announced two transformative transactions, positioning us well for the future,”
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March 22, 2019
Griffin Institutional Access Real Estate Fund Announces First Quarter Distribution
Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX) the first quarter distribution of $0.359 for Class A, $0.350 for Class C, $0.363 for Class I, $0.358 for Class L, and $0.355 for Class M, or a 5.22% annualized distribution rate. The distribution will be payable on March 29, 2019 to shareholders of record as of March 21, 2019, with an ex-dividend date of March 22, 2019.
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April 04, 2019
Griffin Institutional Access Credit Fund Announces First Quarter Distribution
EL SEGUNDO, California (April 4, 2019) – Griffin Capital Company, LLC announced on behalf of Griffin Institutional Access Credit Fund (the “Fund,” NASDAQ: CRDTX, CGCCX, CRDIX, CRDLX) the payment of the Fund’s first quarter distribution, which occurred on April 1, 2019. This most recent payment represented an annualized rate of 7.42 percent for Class A, 7.42 percent for Class C, 7.42 percent for Class I, 7.47 percent for Class L, and 7.40 percent for Class F.
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May 01, 2019
Griffin Capital Essential Asset REIT, Inc. (“GCEAR”) and Griffin Capital Essential Asset REIT II, Inc. (“GCEAR II”) Complete Merger
Merger Creates a $4.7 billion, Self-Managed REIT Immediately Accretive to Earnings and Cash Flows and Generates Significant Benefits for Shareholders
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May 22, 2019
Griffin Capital Essential Asset REIT II Reports First Quarter 2019 Results
Michael Escalante, Chief Executive Officer of the REIT stated, “We are pleased to have garnered such overwhelming support from our shareholders for the approval of the completion of the merger of Griffin Capital Essential Asset REIT and Griffin Capital Essential Asset REIT II, which closed subsequent to first quarter on April 30, 2019. As we have recently stated, the transaction significantly increased the size, scale, and diversification of the REIT. Furthermore, the merger brings additional long-term benefits to our shareholders which we expect will become more evident in our financial statements as we progress through 2019 and beyond.”
