American Realty Capital Healthcare Trust II Makes First Acquisition
NEW YORK, May 16, 2013
NEW YORK, May 16, 2013 /PRNewswire/ --American Realty Capital Healthcare
Trust II, Inc. ("ARC HT II") announced today that it closed on its first
acquisition – a Fresenius dialysis center located in Winfield, Alabama. The
purchase price of the property was $1.9 million, exclusive of closing costs.
The Fresenius dialysis center contain 5,564 rentable square feet and is net
leased to a subsidiary of Fresenius Medical Care Holdings, Inc., which
guarantees the lease. The guarantor is a subsidiary of Fresenius Medical Care
AG & Co. KGaA ("Fresenius").
Fresenius is a German-based holding and kidney dialysis company, operating in
the fields of dialysis products and dialysis services. Its dialysis business
is vertically integrated, providing dialysis treatment at its own dialysis
clinics and supplying these clinics with a range of products. In addition, the
tenant sells dialysis products to other dialysis service providers. The tenant
operates in North America and internationally.
ARC HT II is a publicly registered, non-traded real estate investment trust
("REIT") that intends to qualify as a REIT for tax purposes with the taxable
year ending December 31, 2013.
The statements in this press release that are not historical facts may be
forward-looking statements. These forward-looking statements involve risks and
uncertainties that could cause the outcome to be materially different. In
addition, words such as "anticipate," "believe," "expect" and "intend"
indicate a forward-looking statement, although not all forward-looking
statements include these words.
SOURCE American Realty Capital Healthcare Trust II, Inc.
Contact: Anthony J. DeFazio, Diccicco Battista Communications,
firstname.lastname@example.org, Ph: (484-342-3600); or Brian S. Block, EVP & CFO,
American Realty Capital Healthcare Trust II, Inc., email@example.com, Ph:
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