Griffin-American REIT Paid $48.5MM for NorCal Health-Care Assets

By Jon Peterson Irvine, Calif.-based Griffin-American Healthcare REIT IV has paid $48.5 million to acquire a portfolio of senior housing properties in Belmont/Redwood City, Fairfield, Menlo Park and Sacramento, according to a public filing with the company. The addresses of the properties are 800 Roble Avenue in Menlo Park, 900 6th Avenue in Redwood City/Belmont, […]