Global Medical REIT Inc.’s $70.6 Million Common Stock Offering


Vinson & Elkins advised Global Medical REIT Inc. on the offering

Global Medical REIT Inc. executed its underwritten public offering of 7,250,000 shares of its common stock, par value $0.001 per share, at a price to the public of $9.75 per share for gross proceeds of $70,687,500 million, before deducting underwriting discounts and commissions and offering expenses payable by the company.

The offering closed March 18, 2019.

Global Medical REIT Inc. is a net-lease medical office REIT that acquires purpose-built healthcare facilities and leases those properties to strong healthcare systems and groups with leading market share.

The V&E corporate team was led by partner Daniel LeBey (Picture), with assistance from senior associate Doug Boyle and associates Caroline Bailey and Erin Walsh. The tax team included partner Chris Mangin, senior associate Paige Anderson and associate Virginia Blanton.

Involved fees earner: Paige Anderson – Vinson & Elkins LLP; Douglas Boyle Jr. – Vinson & Elkins LLP; Caroline Lamberti Bailey – Vinson & Elkins LLP; Daniel LeBey – Vinson & Elkins LLP; Christopher Mangin Jr. – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Global Medical REIT Inc.;