Griffin-American Healthcare REIT IV Moves Toward IPO

IRVINE, CA— Griffin-American Healthcare REIT IV’s registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission on Tuesday.

Irvine, CA

IRVINE, CA—Griffin-American Healthcare REIT IV intends to qualify as a real estate investment trust for federal income tax purposes and will offer up to 300 million shares of its common stock for sale at $10.00 per share and up to an additional 15,789,474 shares of its common stock for issuance under its distribution reinvestment plan at $9.50 per share in a publicly registered, non-traded offering. The Fund managers intend to invest in a portfolio of healthcare real estate assets, focusing primarily on medical office buildings, senior housing facilities, skilled nursing facilities and hospitals. A copy of the final prospectus for the offering is available without charge upon written request addressed to Griffin-American Healthcare REIT IV, Inc., c/o Griffin Capital Securities, LLC, 18191 Von Karman Avenue, Suite 300, Irvine, Calif. 92612.