Cornerstone Cos. Inc. “ Indianapolis has a diversified economy being both the state capital and financial hub of our state,” Taggart Birge, chief executive officer of the company, tells GlobeSt.com. “ Importantly, the asset is located on the northside of Indianapolis with excellent demographics and US 31 has just completed a $100,000,000 plus renovation that will allow the northern counties, and its population base, to reach our site in 5 minutes or less. It used to take 20 minutes before the infrastructure improvements. The asset was acquired well below replacement value which also ensures our ability to provide competitive leases in a healthcare market with pressure on reimbursement rates. ” Griffin-American Healthcare REIT III, Inc. American Healthcare Investors Griffin Capital Corp.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
