Global Healthcare REIT, Inc. announced that it has received $0.475 million in funding
January 13, 2017
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On January 13, 2017, Global Healthcare REIT, Inc. (OTCPK:GBCS) closed the transaction. The company has received $175,000 in its second tranche from 3 investors bringing the total raised to $475,000 in the transaction. The company paid no fees or commissions in connection with the transaction.
Selectis Health, Inc. acquires, develops, leases, manages, and disposes of healthcare real estate, provides financing to healthcare providers, and provides healthcare operations through its wholly owned subsidiaries. Its portfolio is comprised of investments in three healthcare segments: senior housing, including independent and assisted living, and post-acute/skilled nursing facilities. The Company owns and operates, through wholly owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the United States. Assisted Living Facilities are licensed care facilities that provide personal care services, support, and housing for those who need help with activities of daily living yet require limited medical care. Independent Living Facilities are designed to meet the needs of seniors who choose to live in an environment surrounded by their peers.