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Griffin-American Healthcare REIT IV Sponsors Invest $1 Million, Enter Stock Purchase Agreements

March 8, 2016

American Healthcare Investors, a manager of healthcare real estate and co-sponsor of the Griffin-American Healthcare REITs, announced today that its three founding principals, Jeff Hanson, Danny Prosky and Mathieu Streiff, along with the company’s executive vice presidents, have entered into irrevocable stock purchase plans applicable to the recently launched Griffin-American Healthcare REIT IV.

Under the terms of the plans, Hanson, Prosky and Streiff have agreed to invest 100 percent of the after-tax cash compensation (salary and annual bonus) they receive as executives of American Healthcare Investors, the REIT’s co-sponsor, directly into common stock of the REIT.

Hanson serves as chairman of the board and chief executive officer of Griffin-American Healthcare REIT IV, Prosky serves as the REIT’s president and chief operating officer and Streiff serves as its executive vice president and general counsel.

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Thomas E. Burns, III
July 29, 2015
February 22, 2016

I subscribe to Blue Vault to keep up with the sponsors and their wholesalers! The analysis keeps me up to date with the various portfolios and the way they are managed, including the differences between them.