Griffin-American Healthcare REIT III – Tender Offer

Investigating Potential Claims – Griffin-American Healthcare REIT III The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended Griffin-American Healthcare REIT III to investors. Griffin-American Healthcare REIT III invests in healthcare real estate assets, such as medical office buildings, hospitals, skilled nursing facilities, senior housing and other healthcare-related facilities. The REIT is co-sponsored by American Healthcare Investors and Griffin Capital Corporation. Last week Everest REIT Investors I LLC and Everest REIT Investors II LLC, private real estate investment companies, launched a $6.5 million tender offer for up to one million shares of Griffin-American Healthcare REIT III for $6.50 per share. The offer expires on March 30, 2018. Griffin-American Healthcare REIT III’s most recent net asset value per share was $9.27 as of June 30, 2017. Shares were originally sold for $10.00 each. Are…

Read more detail on Recent Securities Law posts –

This entry was posted in Securities Law and tagged , , , , . Bookmark the permalink.

Leave a Reply