2018 Press Releases

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May 07, 2018

Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Phoenix

Built in 2012, the approximately 34,000-square-foot Surprise Medical Office Building is currently 89.5 percent leased to three tenants. Approximately 72 percent of the building is leased to two Banner Health-affiliated tenants, Banner Medical Group and the Center for Orthopedic Research and Education, Inc., whose leases have expiration dates in 2022 and 2028, respectively. All tenant leases include annual rent escalators of between 2.5 percent and three percent.

April 13, 2018

Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Madison, Wisconsin

Built in 2014, the approximately 55,000-square-foot Sauk Prairie Medical Office Building is currently 100 percent leased to multiple healthcare service providers specializing in orthopedics, women’s health, obstetrics and gynecology, sleep lab, audiology, otolaryngology, cardiology, surgery, pain management, dermatology, endocrinology, urology, neurology, oncology, geriatrics and optometry.

April 09, 2018

Griffin-American Healthcare REIT IV Announces Estimated Per Share Net Asset Value of $9.65

We are very pleased with this initial valuation of our portfolio, which is based on aggregate portfolio growth of approximately 11.3 percent in the value of our properties compared to the aggregate contract purchase price,” said Jeff Hanson, chairman and CEO of Griffin-American Healthcare REIT IV. “We acquired our first property less than two years ago, and have since built a portfolio of healthcare real estate which is performing very well, as our financial reports and this valuation demonstrate.

March 12, 2018

Griffin-American Healthcare REIT IV Reports Fourth Quarter and Year-End 2017 Results

“Griffin-American Healthcare REIT IV expanded significantly during 2017, acquiring more than $327 million of quality healthcare real estate on behalf of our fellow investors,” said Jeff Hanson, chairman and chief executive officer. “We have now acquired a portfolio approaching half a billion dollars in value.”

March 07, 2018

Griffin-American Healthcare REIT IV Acquires Two-Property Central Wisconsin Senior Care Portfolio for $22.6 Million

Central Wisconsin Senior Care Portfolio totals approximately 236,000 square feet of skilled nursing, assisted living and independent living space. All assisted and independent living beds in the portfolio are currently 100 percent private pay, while the skilled nursing beds enjoy an attractive revenue quality mix (total number of Medicare, managed Medicare and private pay days divided by total number of actual patient days) of 67 percent as of November 2017.

January 12, 2018

American Healthcare Investors’ Executive Team Enters Into Griffin-American Healthcare REIT IV Stock Purchase Plans

The recently executed plans are materially identical to plans entered into by the executives in February 2016 and December 2016 in regards to Griffin-American Healthcare REIT IV, as well as other executive stock purchase plans that were executed annually from 2008 to 2013 in relation to the securities offering by Griffin-American Healthcare REIT II, Inc.

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