Global Medical REIT Announces That Pipeline Health Will Assume its Leases at White Rock Hospital in Dallas, Texas

Jan 17, 2023

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 that the Company’s leases with Pipeline Health (“Pipeline”), the tenant at GMRE’s White Rock Medical Center in Dallas, Texas (“White Rock”), will be assumed by Pipeline as part of its approved bankruptcy reorganization plan. Under its approved plan, Pipeline will assume its leases at White Rock subject to amendments to help facilitate Pipeline’s exit from bankruptcy and its new business plan that reiterates Pipeline’s commitment to the Dallas, Texas market.

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