Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 156

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 156
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 owners or members will be classified
as a partnership, rather than as a corporation, for U.S. federal income tax purposes if it:

| · | is treated as a partnership under the Treasury Regulations relating to entity classification (the “Check-the-Box Regulations”); 
 and                                                                                                                             |

| · | is not a “publicly traded partnership.” |

Under the Check-the-Box Regulations, an unincorporated
entity with at least two owners or members may elect to be classified either as an association taxable as a corporation or as a partnership.
If such an entity does not make an election, it will generally be treated as a partnership (or an entity that is disregarded for U.S.
federal income tax purposes if the entity is treated as having only one owner or member for U.S. federal income tax purposes) for U.S.
federal income tax purposes. Our Operating Partnership intends to be classified as a partnership for U.S. federal income tax purposes
and will not elect to be treated as an association taxable as a corporation under the Check-the-Box Regulations.

| 62 |

A publicly traded partnership is a partnership
whose interests are traded on an established securities market or are readily tradable on a secondary market or the substantial equivalent
thereof. A publicly traded partnership will not, however, be treated as a corporation for any taxable year if, for each taxable year beginning
after December 31, 1987 in which it was classified as a publicly traded partnership, 90% or more of the partnership’s gross income
for such year consists of certain passive-type income, including real property rents, gains from the sale or other disposition of real
property, interest, and dividends. Treasury Regulations provide limited safe harbors from the definition of a publicly traded partnership.
Pursuant to one of those safe harbors (the “Private Placement Exclusion”), interests in a partnership will not be treated
as readily tradable on a secondary market or the substantial equivalent thereof if (1) all interests in the partnership were issued in
a transaction or transactions that were not required to be registered under the Securities Act of 1933, as amended, and (2) the partnership
does not have more than 100 partners at any time during the partnership’s taxable year. In determining the number of partners in
a partnership, a person owning an interest in a partnership, grantor trust, or S corporation that owns an interest in the partnership
is treated as a partner in such partnership only if (1) substantially