REIT snaps up 10 facilities

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Griffin-American Health Care REIT II has acquired 10 skilled nursing facilities and a medical office building for $174.3 million. The properties have a total of 1,364 beds and 454,000 square feet under roof. The SNFs are leased through 2027 by affiliates of Wellington Healthcare Services LP. The properties are in the states of Texas, Georgia, Tennessee, Louisiana and Alabama.

The REIT also acquired three medical office buildings in the Southeast for $25.1 million in February. The company was rebranded from Grubb & Ellis Healthcare REIT II in November.