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Global Medical REIT Prices Common Stock Offering

Published: 06-28-2017

(RESULTS DEPEND ON A VARIETY OF FACTORS UNIQUE TO EACH MATTER. PRIOR RESULTS DO NOT GUARANTEE OR PREDICT A SIMILAR OUTCOME.)

Vinson & Elkins advised Global Medical REIT Inc. in its underwritten public offering of 3,500,000 shares of its common stock at a price to the public of $9.00 per share for gross proceeds of $31.5 million. The offering priced on June 28, 2017.

Global Medical REIT Inc. is a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share.

The V&E corporate team was led by partner Daniel LeBey with assistance from associates Doug Boyle and Caroline Lamberti. Also advising were partner Chris Mangin and associate Sam Guthrie.


Lawyer Contact

+1.804.327.6310
dlebey@velaw.com

Media Contact

Melissa Anderson Senior Communications Manager

T +1.713.758.2030
manderson@velaw.com

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