ASSET PURCHASE AGREEMENT BETWEEN GAHC3 PENNSYLVANIA SENIOR HOUSING PORTFOLIO, LLC (“Purchaser”) ABEKING ASSOCIATES, L.P. (“Powder Mill Partnership”), WESTRUM HANOVER LP (“Hanover Partnership”), And ONE BOYERTOWN PROPERTIES LP (“Chestnut Knoll...Asset Purchase Agreement • March 2nd, 2015 • Griffin-American Healthcare REIT III, Inc. • Real estate investment trusts • Pennsylvania
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of this 24th day of February, 2015 (the “Date of Execution”), is made and entered into by and among GAHC3 Pennsylvania Senior Housing Portfolio, LLC, a Delaware limited liability company (“Purchaser”), Abeking Associates, L.P., a limited partnership organized under the laws of the Commonwealth of Pennsylvania (the “Powder Mill Partnership”), Westrum Hanover LP, a limited partnership organized under the laws of the state of Delaware (the “Hanover Partnership”), One Boyertown Properties LP, a limited partnership organized under the laws of the Commonwealth of Pennsylvania (the “Chestnut Knoll Partnership” and, together with the Powder Mill Partnership and the Hanover Partnership, individually and collectively, “Seller” or “Sellers”).
