Global Medical REIT Announces Fourth Quarter and Year-End 2020 Financial Results
BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, today announced financial results for the three and twelve months ended December 31, 2020 and other data.
Fourth Quarter 2020 Summary
- Net income attributable to common stockholders was $1.1 million, or $0.02 per diluted share, as compared to $1.2 million, or $0.03 per diluted share, in the prior year period.
- Funds from Operations (“FFO”) of $0.22 per share and unit, as compared to $0.21 per share and…