GFH Financial Group acquired a second US Medical Clinics portfolio in a transaction valued at $400 million. The income-yielding portfolio is comprised of 11 geographically diversified assets spread across four US states – California, Texas, Maryland and Louisiana, Zawya reports. The portfolio is anchored by investment-grade credit tenancy through Baylor Scott & White (Moody’s Aa3), Texas A&M Health Science Center (Fitch: AAA), Texas Tech University (Fitch AA+), Memorial Hermann (S&P: A+) and Tidal Health (Moody’s:Aa3). Read more.
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