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Medical Illo

Global Medical REIT Building Portfolio of Medical Facilities

The company has focused on transactions in the range of $10 million to $50 million, and CEO David Young now sees a steady flow of acquisition opportunities coming from smaller cities and rural locations.

When Global Medical REIT Inc. (NYSE: GMRE) went public last summer, the company set its sights on a specific niche within the health care real estate sector: licensed medical treatment facilities. The company has focused on transactions in the range of $10 million to $50 million, and CEO David Young now sees a steady flow of acquisition opportunities coming from smaller cities and rural locations.

“The universe of opportunity seems to be in that layer,” Young said in an interview with REIT.com.

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