Ex Grubb & Ellis REIT Completes Sponsorship Change

NEWPORT BEACH, CA-Griffin-American Healthcare REIT II, formerly known as Grubb & Ellis Healthcare REIT II, has successfully completed the transition of its advisory and dealer manager agreements from Grubb & Ellis Co. and its affiliates to co-sponsorship by American Healthcare Investors and Griffin Capital Corp. Just last week the company crucial approval in the form of a “no objections” letter from federal regulators to change the sponsorship, as GlobeSt.com reported, and final approval from the US Securities & Exchange Commission was the final piece of the puzzle.

The U.S. Securities and Exchange Commission declared the REIT’s post-effective amendment to its registration statement, which includes a new prospectus, effective on Jan. 6, 2012. Griffin Capital Securities has assumed its responsibilities as the new dealer manager for the REIT’s uninterrupted public offering.