New sponsor comes to G & E

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The board of real estate investment trust Grubb & Ellis Healthcare Trust voted in November to replace Grubb & Ellis with American Healthcare Investors and Griffin Capital as co-sponsors. It will now be called Griffin-American Healthcare Trust Inc.

Jeff Hanson, chairman and CEO of the REIT, formed American Healthcare Investors. President Danny Prosky is the COO and a member of the board of directors.

American Realty Capital II LLC confirmed that it had made an offer to acquire all the shares of G&E in an offer that was rebuffed.