{"id":1004080090,"date":"2013-07-12T06:00:02","date_gmt":"2013-07-12T14:00:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004080090"},"modified":"2022-12-08T10:36:45","modified_gmt":"2022-12-08T18:36:45","slug":"griffin-american-expands-internationally-with-448m-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/","title":{"rendered":"Griffin-American Expands Internationally with $448M Acquisition"},"content":{"rendered":"<p><em>By Gail Kalinoski, Contributing Editor<\/em><\/p>\n<div id=\"attachment_100408\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-100408\" data-attachment-id=\"1004080093\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/walstead1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg\" data-orig-size=\"800,533\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Walstead1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg?w=800\" class=\" wp-image-1004080093\" alt=\"Walstead1\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg?resize=768,512 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-100408\" class=\"wp-caption-text\">Walstead Place, Walstead, England.<\/p><\/div>\n<p>Griffin-American Healthcare REIT II, Inc. has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $447.8 million.<\/p>\n<p>The Newport Beach, Calif., REIT has agreed to purchase the properties in England, Scotland and the Channel Island of Jersey from Myriad Healthcare Limited, a provider of high-quality residential care facilities to the elderly in the U.K. in a sale-leaseback transaction. The majority of the portfolio is located in counties surrounding greater London with additional locations in Birmingham, Bristol and Oxford. There are six facilities in Scotland in areas north of Edinburgh and two in Jersey.<\/p>\n<p>The transaction will add 2,163 beds and approximately 962,000 square feet to the REIT\u2019s portfolio, which will have an aggregate purchase price worth more than $2 billion. The deal is expected to close in the third quarter.<\/p>\n<p>\u201cSince the launch of Griffin-American Healthcare REIT II in 2009, we have consistently stated that our goal is to build a diverse portfolio of healthcare real estate and to establish one of the best REITs in the market on behalf of stockholders,\u201d Jeff Hanson, REIT chairman &amp; CEO, said in a news release. \u201cUpon completion of this acquisition, Griffin-American will add a significant international\u00a0presence to an already extensive national footprint, creating one of the largest and best diversified healthcare REITs in the world in terms of geography, revenue sources and asset types.\u201d<\/p>\n<p>The portfolio will be leased to Myriad, operating as Caring Homes, under 35-year absolute net leases with annual rent increases. Griffin-American is also providing construction financing for future senior housing developments that it would acquire once the current facilities reach minimum required occupancy and rent coverage ratios. Those developments would be acquired by the REIT at construction cost and leased back to Myriad.<\/p>\n<p>Myriad, founded in 1994, is one of the largest operators of senior residential care homes in the U.K. with 136 care homes and 3,382 beds. The firm\u2019s elderly care division focuses primarily on the private pay market and has a significantly higher percentage of private pay income residents than other U.K. operators, according to the REIT news release.<\/p>\n<p>\u201cAs in the United States, the population of the United Kingdom is rapidly aging, creating greater demand for senior care. We are pleased to partner with one of the U.K.\u2019s premier operators in the field and to further expand our portfolio in this attractive sector and market,\u201d Danny Prosky, Griffin-American president &amp; chief operating officer, said in the release.<\/p>\n<p>Paul Jeffery, CEO of Myriad, called the transaction a \u201ctransformational event\u201d for his company.<br \/>\n\u201cWe have built our success by providing high-quality care for elderly residents in the U.K. in first-rate facilties and locations,\u201d he said. \u201cThis partnership allows us to execute this strategy and expand our footprint in the U.K.\u2019s growing private pay elderly care sector.\u201d<\/p>\n<p>Myriad was advised by Jones Lang LaSalle Corporate Finance.<\/p>\n<p>&#8220;This transaction represents a great success for all stakeholders to the business. It is an important transaction for the care sector and demonstrates the weight of foreign investor interest,\u201d\u00a0Tim Edghill, European director of JLL Corporate Finance, told <em>Commercial Property Executive<\/em>.<\/p>\n<p>Since Jan. 2012, the REIT\u2019s portfolio of medical office buildings, hospitals, skilled nursing and seniors housing facilities has grown by approximately 255 percent and includes 174 buildings in 28 states. As of March 31, the portfolio was 96 percent leased with weighted average remaining lease terms of about 9 years.<\/p>\n<p>The U.K. acquisitions will be the first for Griffin-American since June, when it announced it had acquired 21 healthcare-related buildings in five states for $141.3 million. The acquisitions included 17 medical office buildings and four skilled nursing facilities in Georgia, Illinois, Indiana, Oregon, Pennsylvania and Texas.<br \/>\nIn 2012, the REIT more than tripled its portfolio with acquisitions totaling $866 million, including 14 properties purchased in December for $183.6 million.<\/p>\n<p>The REIT, formerly known as the Grubb &amp; Ellis Healthcare REIT II, is co-sponsored by American Healthcare Investors and Griffin Capital Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.<\/p>\n","protected":false},"author":1068,"featured_media":1004080093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37774,21808,37775,16,21783,21754,21742,37776,37777,37778],"tags":[],"class_list":["post-1004080090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-dividend-yield","category-featured","category-rc-forward-affo-payout-ratios","category-international","category-investment","category-medical-office","category-latest","category-rc-premium-discount-to-nav","category-rc-price-ltm-ffo","category-rc-total-return"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Griffin-American Expands Internationally with $448M Acquisition - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Griffin-American Expands Internationally with $448M Acquisition\" \/>\n<meta property=\"og:description\" content=\"Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-12T14:00:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T18:36:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/\"},\"author\":{\"name\":\"Gail Kalinoski\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"headline\":\"Griffin-American Expands Internationally with $448M Acquisition\",\"datePublished\":\"2013-07-12T14:00:02+00:00\",\"dateModified\":\"2022-12-08T18:36:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/\"},\"wordCount\":676,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Walstead1.jpg\",\"articleSection\":[\"Dividend Yield\",\"Featured\",\"Forward AFFO Payout Ratios\",\"International\",\"Investment\",\"Medical Office\",\"News\",\"Premium\\\/Discount to NAV\",\"Price\\\/LTM FFO\",\"Total Return\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/\",\"name\":\"Griffin-American Expands Internationally with $448M Acquisition - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Walstead1.jpg\",\"datePublished\":\"2013-07-12T14:00:02+00:00\",\"dateModified\":\"2022-12-08T18:36:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Walstead1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Walstead1.jpg\",\"width\":800,\"height\":533},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/griffin-american-expands-internationally-with-448m-acquisition\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Griffin-American Expands Internationally with $448M Acquisition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\",\"name\":\"Gail Kalinoski\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"caption\":\"Gail Kalinoski\"},\"description\":\"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/gail-kalinoski\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Griffin-American Expands Internationally with $448M Acquisition - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/","og_locale":"en_US","og_type":"article","og_title":"Griffin-American Expands Internationally with $448M Acquisition","og_description":"Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-07-12T14:00:02+00:00","article_modified_time":"2022-12-08T18:36:45+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg","type":"image\/jpeg"}],"author":"Gail Kalinoski","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/"},"author":{"name":"Gail Kalinoski","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"headline":"Griffin-American Expands Internationally with $448M Acquisition","datePublished":"2013-07-12T14:00:02+00:00","dateModified":"2022-12-08T18:36:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/"},"wordCount":676,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg","articleSection":["Dividend Yield","Featured","Forward AFFO Payout Ratios","International","Investment","Medical Office","News","Premium\/Discount to NAV","Price\/LTM FFO","Total Return"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/","url":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/","name":"Griffin-American Expands Internationally with $448M Acquisition - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg","datePublished":"2013-07-12T14:00:02+00:00","dateModified":"2022-12-08T18:36:45+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg","width":800,"height":533},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/griffin-american-expands-internationally-with-448m-acquisition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Griffin-American Expands Internationally with $448M Acquisition"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57","name":"Gail Kalinoski","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","caption":"Gail Kalinoski"},"description":"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/gail-kalinoski\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/07\/Walstead1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004080090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1068"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004080090"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004080090\/revisions"}],"predecessor-version":[{"id":1004614197,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004080090\/revisions\/1004614197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004080093"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004080090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004080090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004080090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}