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ARLINGTON, GALVESTON, PORT ARTHUR AND TEXAS CITY, TEXAS — Grubb & Ellis Healthcare REIT has acquired the four Texas properties in the six-property Senior Care Portfolio 1. Three of the four properties house Gulf Health Care Center nursing facilities in Texas City, Port Arthur and Galveston, while the fourth property is home to Meadow View Assisted Living in Arlington. The other two properties in the portfolio are located in California. Constructed in 1993 and 1994, the four Texas properties comprise approximately 155,000 square feet of space all leased to Southwest LTC. Grubb & Ellis Healthcare REIT acquired the four properties from an unaffiliated institutional investor with financing primarily provided by Red Mortgage Capital Inc.

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