NorthStar to Buy Griffin-American REIT for $3.4 Billion “NorthStar Realty Finance Corp. agreed to buy Griffin-American Healthcare REIT II, for about $3.4 billion, expanding its holdings of medical-office buildings and senior housing. Stockholders of Griffin-American, a real estate investment trust that isn’t traded on exchanges, will receive $11.50 a share, comprising $7.75 in cash and the rest in NorthStar common stock, the companies said today in a statement. ...
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