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Global Medical REIT Inc. Closes Common Stock Offering

Published: 03-18-2019

Vinson & Elkins advised Global Medical REIT Inc. in connection with its underwritten public offering of 7,250,000 shares of its common stock, par value $0.001 per share, at a price to the public of $9.75 per share for gross proceeds of $70,687,500 million, before deducting underwriting discounts and commissions and offering expenses payable by the company.

The offering closed March 18, 2019.

Global Medical REIT Inc. is a net-lease medical office REIT that acquires purpose-built healthcare facilities and leases those properties to strong healthcare systems and groups with leading market share.

The V&E corporate team was led by partner Daniel LeBey, with assistance from senior associate Doug Boyle and associates Caroline Bailey and Erin Walsh. The tax team included partner Chris Mangin, senior associate Paige Anderson and associate Virginia Blanton.

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