2018
image
June 05, 2018
Griffin Capital Securities Launches Organizational Enhancements to Support Rising Demand for Alt Line-up
Central to these organizational enhancements is the appointment of Mark Pillor to the role of Senior Vice President, External Wholesaler at Griffin Capital Securities. In this position, Mr. Pillor will spearhead the delivery of support for independent broker-dealers in the Midwest region by partnering with financial advisors and aligning the best possible alternative investment strategies with their end clients. Previously, Mr. Pillor served as Associate Vice President, Internal Wholesaler at Griffin Capital Securities. His promotion demonstrates Griffin Capital’s commitment to promoting from within, and illustrates the success of the firm’s in-depth training approach, which helps its leaders develop the skills and sales professionalism needed to build and maintain strong long-term relationships with financial advisors.
image
May 31, 2018
Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Detroit
The approximately 85,000-square-foot medical office building was approximately 96 percent leased at the time of acquisition to multiple tenants, including Wayne State University Physician Group, which leases 42 percent of the building, and affiliates of Beaumont Health System, which lease 15 percent of the building.
image
May 17, 2018
Griffin-American Healthcare REIT III Reports First 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.”
image
May 16, 2018
Griffin Capital Essential Asset REIT II Reports 2018 First Quarter Results
"For the past year, we have continued to rely on the core strengths of our portfolio, under a guiding investment strategy that emphasizes current income, credit tenants, new properties, and long duration leases with embedded contractual growth,” said Michael Escalante, the REIT’s President. “Today, the REIT’s property portfolio is 100% leased and occupied. Our emphasis on being highly disciplined commercial property operators, together with our continued focus on acquiring only top quality assets under long-term leases to high quality corporate tenants, provide the REIT with significant forward momentum."
image
May 16, 2018
Griffin Capital Essential Asset REIT Reports 2018 First Quarter Results
We are pleased with our results, which reflect not only continued favorable market conditions, but also the strength of our value creation strategy, and the discipline we bring to bear in its implementation,” said Kevin Shields, Chairman and CEO of the REIT. “Our unique expertise as veteran operators, as well as acquirers, of complex commercial real estate positions us to deliver effectively on our objectives of generating stable income and long-term capital appreciation for the REIT’s shareholders. Looking ahead, we are excited about continued opportunities to drive value through careful acquisitions and dispositions of assets within our portfolio, with an ongoing emphasis on the highest quality properties in fast-growing metropolitan markets across the country.”
image
May 15, 2018
Griffin-American Healthcare REIT IV Reports First Quarter 2018 Results
“Griffin-American Healthcare REIT IV enjoyed an excellent first quarter, with continued growth in our portfolio and across a number of important financial and performance metrics,” said Jeff Hanson, chairman and chief executive officer.
image
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.
image
May 07, 2018
Griffin Capital Essential Asset REIT Completes Acquisition of The Shaw Distribution Center – Northport Building C
Commenting on the acquisition, Eric Kaplan, Griffin Capital’s Managing Director – Acquisitions, stated, “The acquisition of the Shaw Distribution Center presented the opportunity to add a state-of-the-art, Class “A” industrial asset to our expanding portfolio. This property is strategically located near the Port of Savannah, one of the fastest growing ports and fourth largest in the country. The combined factors of the long lease commitment, solid tenant credit characteristics, and the fact that Savannah is the sole point of entry for the tenant on the East Coast, made this an attractive investment for the REIT and its shareholders.”
image
April 30, 2018
Griffin Capital Company Announces Significant Growth in Investor Flows
Griffin Capital is the industry’s fastest-growing investment manager of broadly-distributed interval funds with nearly $2.4 billion in assets under management.
image
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.
