Attached files
file | filename |
---|---|
8-K - AMERICAN REALTY CAPITAL HEALTHCARE TRUST INC | v242486_8-k.htm |
EX-99.1 - AMERICAN REALTY CAPITAL HEALTHCARE TRUST INC | v242486_ex99-1.htm |
GRUBB
& ELLIS HEALTHCARE REIT II, INC.
1551 N. Tustin Avenue, Suite 300
Santa Ana, CA 92705
December 6, 2011
American Realty
Capital Healthcare Trust, Inc.
405 Park Avenue, 12th Floor
New York, NY 10022
Subject:
Letter of December 1, 2011
Ladies and Gentlemen:
In reference to your letter of December 1, 2011, Grubb & Ellis Healthcare REIT II, Inc. (the "Company") is in its capital formation stage and is not for sale.
While we appreciate that your offer is based on your recognition and endorsement of the strength of the Company's strategy, implementation, management and portfolio, the Company is not for sale. After due consideration of your offer, we continue to believe that the long-term interests of our stockholders are best served by maintaining the Company's current direction and strategy. Accordingly, our board of directors has determined to reject your offer.
Thank you again for your interest in the Company.
Sincerely yours,
/s/ Patrick
R. Leardo
Patrick R. Leardo
On behalf of the Board of Directors