MoFo Advises Carter Validus Mission Critical REIT II, Inc. on Its Merger With Carter Validus Mission Critical REIT, Inc.

04/12/2019

Heath D. Linsky, Mary Katherine Rawls, Ryan M. Farha, and Jay Blaivas

Corporate, Mergers + Acquisitions, and REITs

MoFo News Item

Morrison & Foerster LLP is representing Carter Validus Mission Critical REIT II, Inc. (CVMC REIT II) in its proposed merger with Carter Validus Mission Critical REIT, Inc. (CVMC REIT I). Both CVMC REIT II and CVMC REIT I are registered, non-traded real estate investment trusts focused on investing in income producing commercial real estate. The merger will result in a combined company with an enterprise value of approximately $3.2 billion. The transaction is expected to close in the second half of 2019.

CVMC REIT I invests in mission critical healthcare real estate assets located throughout the United States. CVMC REIT II engages in acquisition of quality income-producing commercial real estate with a focus on data centers and healthcare facilities. As of December 31, 2018, CVMC REIT I owned 61 real estate properties, and CVMC REIT II owned 85 real estate properties.

The MoFo deal team was led by corporate and REIT partner Heath Linsky, corporate and REIT associate Mary Katherine Rawls and corporate associate Ryan Farha. Tax guidance was led by partner Jay Blaivas. Support was provided by corporate and REIT associate Andrew Ko.

For more information, see the related press release.

Email Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

©1996-2019 Morrison & Foerster LLP. All rights reserved.