PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS by and among THE SELLING PARTIES IDENTIFIED ON EXHIBIT A HERETO, WELLINGTON HEALTHCARE SERVICES, L.P. and G&E HC REIT II SOUTHEASTERN SNF PORTFOLIO, LLCPurchase and Sale Agreement • October 5th, 2011 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts • Georgia
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of the 29th day of September, 2011 (the “Effective Date”), by and among the owner selling parties identified on Exhibit A attached hereto (referred to herein as “Owner Seller” or “Owner Sellers”), the operator selling parties identified on Exhibit A attached hereto (referred to herein as “Operator Seller” or “Operator Sellers”), Wellington Healthcare Services, L.P., a Georgia limited partnership (“Seller Guarantor”), and G&E HC REIT II Southeastern SNF Portfolio, LLC, a Delaware limited liability company, and its successors and assigns permitted hereunder (“Purchaser”).
