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Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and <em>Real Estate Forum</em>, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at <em>InStyle</em> Magazine, and as managing editor with <em>New York Press</em>, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for <em>M</em> magazine, <em>Arthur Frommer's Budget Travel</em>, FashionLedge.com, and <em>Co-Ed</em> magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and <em>Museums New York</em> magazine.","imageLarge":"//images.benefitspro.com/contrib/content/uploads/sites/298/2016/07/Natalie-Dolce_avatar_1469654435-136x136.jpg","webUrl":"/author/profile/natalie-dolce/"}],"publication":"Globe Street","kicker":"","kickerNode":[],"prettyDate":"November 09, 2011","pubDate":"2011-11-09 11:45:00:000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"","sectionName":"","name":"","uri":"","slug":"","channelUri":""},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"SANTA ANA, CA-The new co-sponsorship with American Healthcare Investors and Griffin Capital will provide ‘the resources necessary to maintain its impressive growth and performance’ says the REIT.","categories":[{"name":"","uri":"","channelName":"GlobeSt Market"},{"name":"","uri":"","channelName":"Globest Sectors"},{"name":"Healthcare Real Estate","uri":"/sectors/healthcare-real-estate/","channelName":"Globest Sectors"},{"name":"National","uri":"/markets/national/","channelName":"GlobeSt Market"},{"name":"","uri":"/markets//","channelName":"GlobeSt Market"},{"name":"Orange County","uri":"/markets/orange-county/","channelName":"GlobeSt Market"}],"bodyArray":["<p>SANTA ANA, CA-The independent members of the board of directors of <strong>Grubb & Ellis Healthcare REIT II Inc.</strong> revealed that they have elected to transition the existing advisory and dealer-manager arrangements from <strong>Grubb & Ellis Co.</strong> and its affiliates in favor of co-sponsorship by Newport Beach, CA-based <strong>American Healthcare Investors LLC</strong> and Los Angeles-based <strong>Griffin Capital Corp</strong>.</p>","<p>Pursuant to the terms of the existing agreements, Grubb & Ellis will continue its advisory and dealer-manager responsibilities during a 60-day transition period, according to a prepared statement. American Healthcare Investors is a real estate investment management company formed and majority owned and controlled by <strong>Jeff Hanson</strong>, chairman and CEO of the REIT, and one of its largest individual investors; and <strong>Danny Prosky</strong>, the REIT's president, COO and a member of the board of directors.</p>","<p>Both Hanson and Prosky have served in these senior roles since the launch of the REIT in 2009 and will continue to do so.</p>","<div class=\"paywall-content\"><p>Griffin Capital is a privately-owned real estate company with a 16-year track record of sponsoring real estate investment vehicles, including public non-traded REITs, and managing institutional capital. Led by senior executives, each with more than two decades of real estate experience who have collectively consummated more than 400 transactions and more than $14 billion in transaction value, Griffin has acquired or constructed over 11 million square feet since 1996.</p>","<p>In conjunction with the new sponsorship, the REIT has also appointed <strong>Griffin Capital Securities</strong> <strong>Inc.</strong>, as replacement dealer-manager for the REIT's on-going public offering. “Our board selected Griffin Capital due to our shared institutional mindset and approach to building non-traded REITs that embrace an investor-first philosophy,” says Hanson in a prepared statement. “This new co-sponsorship with American Healthcare Investors and Griffin Capital will provide our REIT with the resources necessary to maintain its impressive growth and performance while empowering the management team to continue to pursue our established vision for the REIT.”</p>","<p>According to Prosky, “Based on any fair measure, we believe we have established one of the best performing non-traded REITs in the country. Partnered with Griffin Capital, our management team intends to drive this performance to even higher levels, diligently grow assets under management, and position the company for a successful liquidity event for stockholders.”</p>","<p><strong>Kevin Shields</strong>, Griffin Capital's chairman and CEO says in the statement that “We are excited about this co-sponsorship opportunity and are confident the combination of the Griffin Capital platform and expertise, together with the proven performance of the management team, will deliver impressive results to stockholders and provide growth opportunities to our employees.”</p>","<p>As a result of the transition, the board intends to rename the REIT <strong>Griffin-American Healthcare Trust Inc.</strong></p>","<p>To date, the REIT has made 24 geographically diverse acquisitions comprised of 55 buildings valued at approximately $430.8 million, based on purchase price in the aggregate. 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