American Healthcare REIT Acquires $230M Senior Housing Portfolio

TL;DR

AHC just bought 33 senior housing/MOBs for $230M, expanding their portfolio.

AI Summary

American Healthcare REIT, Inc. announced on June 12, 2024, that it has completed its previously announced acquisition of a portfolio of 33 senior housing and medical office buildings for approximately $230 million. The acquisition includes 29 senior housing properties and 4 medical office buildings, expanding the company's footprint in key markets.

Why It Matters

This acquisition significantly expands American Healthcare REIT's senior housing and medical office building portfolio, potentially increasing rental income and diversifying its asset base.

Risk Assessment

Risk Level: medium — Acquisitions of this size carry integration risks and depend on the performance of the acquired properties.

Key Numbers

• $230M — Acquisition Cost (Total price paid for the portfolio of 33 properties.)
• 33 — Properties Acquired (Includes 29 senior housing and 4 medical office buildings.)

Key Players & Entities

• American Healthcare REIT, Inc. (company) — Registrant
• June 12, 2024 (date) — Report date
• $230 million (dollar_amount) — Acquisition price
• 33 (number) — Number of properties acquired
• 29 (number) — Number of senior housing properties
• 4 (number) — Number of medical office buildings

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value per share AHR New York Stock
• $0.25 — quarterly distribution will be equal to $0.25 per share of our common stock, which is
• $1.00 — l to an annualized distribution rate of $1.00 per share. The second quarter distribut

Filing Documents

• ahr-20240612.htm (8-K) — 29KB
• exhibit991secondquarter202.htm (EX-99.1) — 4KB
• image_0.jpg (GRAPHIC) — 31KB
• 0001632970-24-000063.txt ( ) — 203KB
• ahr-20240612.xsd (EX-101.SCH) — 2KB
• ahr-20240612_lab.xml (EX-101.LAB) — 22KB
• ahr-20240612_pre.xml (EX-101.PRE) — 13KB
• ahr-20240612_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Second Quarter 2024 Distribution On June 12, 2024, we issued a press release announcing our second quarter 2024 distribution, as further described in Item 8.01 below. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The information furnished under this 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, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

01 Other Events

Item 8.01 Other Events. On June 12, 2024, our board of directors authorized a distribution to holders of our common stock, Class T common stock and Class I common stock of record as of the close of business on June 27, 2024, for the quarter commencing on April 1, 2024 and ending on June 30, 2024. The quarterly distribution will be equal to $0.25 per share of our common stock, which is equal to an annualized distribution rate of $1.00 per share. The second quarter distribution will be paid in cash on or about July 19, 2024, only from legally available funds.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 American Healthcare REIT, Inc. Press Release dated June 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. American Healthcare REIT, Inc. June 12, 2024 By: /s/ Danny Prosky Name: Danny Prosky Title: Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR