Griffin-American Healthcare REIT IV Reports Portfolio Growth, Lowered Leverage
May 15, 2018 | Beth Glavosek | Blue Vault
Following the release of its most recent financial and performance metrics, Griffin-American Healthcare REIT IV has announced that its common stock’s estimated per share net asset value of $9.65 (calculated as of December 31, 2017) has indicated an aggregate portfolio growth of 11.3% compared to the aggregate contract purchase price of the company’s property acquisitions. Additionally, the REIT says that it has lowered its portfolio leverage to “just 15%.”
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