121
RUSTON, LA. — Griffin-American Healthcare REIT II has acquired five medical office buildings in Ruston, Greeley, Colo., and Abilene, Texas, for $47 million. Currently, the REIT's portfolio totals 148 buildings valued at $1.4 billion. The portfolio is 96.8 percent leased with a weighted average remaining lease term of approximately 9.4 years. American Healthcare Investors and Griffin Capital Corp. are the REIT's co-sponsors.