Wednesday, March 20, 2013

Griffin-American Healthcare REIT II Reports Fourth Quarter and Year End 2012 Results


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Jeff Hanson
NEWPORT BEACH, CA– Griffin-American Healthcare REIT II, Inc. today announced operating results for the company’s fourth quarter and year ended Dec. 31, 2012. 

 “Griffin-American Healthcare REIT II enjoyed another year of tremendous growth and impressive accomplishments in 2012,” said Jeff Hanson, chairman and chief executive officer.

 “Not only did our nationwide portfolio of healthcare-related real estate more than triple in size based on aggregate purchase price compared to 2011, but as a result, important financial metrics also grew exponentially.

“ Normalized modified funds from operations and net operating income, for example, experienced growth of approximately 180 percent and 148 percent, respectively, as compared to 2011 due to our significant acquisition activity.

“ In addition, the company increased its investor distribution rate twice during 2012, from an annualized $0.65 per share to an annualized $0.66 per share in January and to an annualized $0.68 per share in November.”

For a complete copy of the company’s news release, please contact:

Damon Elder
Senior VP, Marketing & Communications
American Healthcare Investors
4000 MacArthur Boulevard
West Tower, Suite 200
Newport Beach, CA 92660
(949) 270-9207 direct
(714) 356-1460 cell

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