ITEM 7.01 REGULATION FD DISCLOSURE

On December 31, 2020, Global Healthcare REIT, Inc., d/b/a Selectis Health (the "Company") through its newly formed wholly-owned subsidiary Global Fairland Property, LLC, completed the purchase of a skilled nursing facility, including the real estate and all furniture, fixtures, machinery and equipment, located at 12 East Conner, Fairland, Oklahoma 74343 consisting of 29 licensed beds and commonly known as "Family Care Center of Fairland" (the "Facility"). The purchase price of the Facility was SEVEN HUNDRED NINETY-SIX THOUSAND SIX HUNDRED FIFTY AND NO/100 DOLLARS ($796,650.00). With all broker, loan origination fees, and closing costs included, the total purchase price was $849,546.25.

The Fairland facility will be operated by another wholly-owned subsidiary, Global Fairland, LLC, under an operating lease as a result of the concurrent completion of an Operations Transfer Agreement with the former operator.

On January 4, 2021, the Company issued a press release announcing the completion of the acquisition. A copy of the Press Release is filed herewith as Exhibit 99.1

The information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, the Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.

ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBGLIATION UNDER AN


          OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT

In connection with the acquisition of the Fairland Facility, the Company partially financed the acquisition with a conventional mortgage loan and executed a promissory note in favor of Simmons Bank in the principal amount of $784,000 (the "Note"). The Note accrues interest at the rates described in the Note and matures on December 30, 2025. The Note is secured by a Mortgage ("Mortgage") covering the Fairland Facility and a UCC Security Interest covering the personal property and other non-real estate assets. The forms of Note and Mortgage are filed herewith as Exhibits 10.1 and 10.2 respectively.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS






(a)    Financial Statements

       The Company believes that the acquisition of the Fairland Facility did
       involve the purchase of a "significant" business within the meaning of 17
       CFR 210.11-01 et.seq. If it is determined that the acquisition was
       "significant", the Registrant declares that it is impracticable to provide
       the required audited financial statements relative to the acquired business
       at the time of this Report. Such audited financial statements required by
       Item 9.02(a) shall be filed not later than seventy-one (71) days after the
       due date of this Current Report on Form 8-K.

(b)    Pro Forma Financial Information

       The Company believes that the acquisition of the Fairland Facility did
       involve the purchase of a "significant" business within the meaning of 17
       CFR 210.11-01 et.seq. If it is determined that the acquisition was
       "significant", pursuant to Item 9.02(b) and Item 9.02(a)(4), the Registrant
       declares it is impracticable to provide the required pro forma financial
       information relative to the acquired business at the time of this Report.
       Such pro forma financial information required by Item 9.02(b) shall be filed
       not later than seventy-one (71) days after the due date of this Current
       Report on Form 8-K.

(c)    Exhibits
       Item       Title

       10.1         Promissory Note
       10.2         Mortgage
       99.1         Press Release

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