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BRIEF-Global Medical REIT to buy Great Bend Regional Hospital for $24.5 mln
January 4, 2017 / 1:46 PM / in 10 months

BRIEF-Global Medical REIT to buy Great Bend Regional Hospital for $24.5 mln

Jan 4 (Reuters) - Global Medical REIT Inc :

* Global Medical REIT Inc provides acquisition update

* Dec 30 entered purchase contract to acquire Great Bend Regional Hospital for a purchase price of $24.500 million

* Great Bend Regional Hospital LLC, is expected to enter into a 15-year triple net lease with GMR

* GMR expects to fund this acquisition using borrowings from company’s credit facility or other available cash Source text for Eikon: Further company coverage:

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