SEC Filing Summary: Griffin-American Healthcare REIT IV, Inc.
Business Context and Reporting Period
This Form 8-K was filed on February 14, 2018, by Griffin-American Healthcare REIT IV, Inc., an emerging growth company incorporated in Maryland. The filing reports a corporate governance event under Item 8.01 (Other Events) regarding the renewal of an advisory agreement.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a contractual agreement and contains no financial performance data.
Material Changes
The material change reported is the execution of an additional Mutual Consent to Renew Advisory Agreement on February 14, 2018. This agreement involves the registrant, its operating partnership (Griffin-American Healthcare REIT IV Holdings, LP), and its advisor (Griffin-American Healthcare REIT IV Advisor, LLC). This renewal extends the existing advisory relationship, which was originally established on February 16, 2016, and previously renewed on February 13, 2017.
Outlook, Risks, and Management Commentary
Under the renewed terms, the advisory agreement will terminate on February 16, 2019, unless earlier terminated in accordance with its terms. The agreement may be renewed for an additional one-year term upon written mutual consent of the parties. No specific risks, contingencies, or unusual items were disclosed in this filing beyond the standard terms of the advisory contract.
Key Facts for Investor Verification
- The advisory agreement has been renewed for a one-year term ending February 16, 2019.
- The registrant is classified as an emerging growth company and has elected not to use the extended transition period for new accounting standards.
- Future renewal beyond 2019 requires written mutual consent from all parties.
- No financial results or operational metrics are included in this specific filing.