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Health Care REIT Global Medical files for a $100 million IPO

April 1, 2016
GMR

Global Medical, a healthcare facilities REIT with a current portfolio of 12 facilities, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Bethesda, MD-based company was founded in 2011 and booked $2 million in sales for the 12 months ended December 31, 2015. It plans to list on the NYSE under the symbol GMR. Wunderlich Securities is the sole bookrunner on the deal. No pricing terms were disclosed.