Global Medical REIT (GMRE) to Acquire Three Rehab Hospitals
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Global Medical REIT Inc. Provides Acquisition Update
November 30, 2016 8:30 AM ESTCompany Announces Planned Acquisition of Three Hospitals Under Contract for $68 million
BETHESDA, Md.--(BUSINESS WIRE)-- Global Medical REIT Inc. (NYSE: GMRE) (the Company or GMR), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to leading clinical operators with dominant market share, announced today that it has entered into purchase contracts to acquire three rehabilitation hospitals for an aggregate purchase price of $68,093,000. The three hospitals, discussed further below, are HealthSouth rehabilitation hospitals in Mesa, AZ, Altoona, PA and Mechanicsburg, PA.... More
