Leaders with American Healthcare REIT (NYSE: AHR) plan to further invest in and grow the company’s senior housing operating portfolios in 2025. The Irvine, California-based company is under contract to acquire two senior living communities assets in 2025 for $70.5 million, with plans to add the communities to its SHOP segment and assign a current […]
American Healthcare REIT
This story is part of your SHN+ subscription In 2020, senior living operator Cogir had about a dozen communities in the U.S. Five years and one merger later, the company is nearing the 100-community mark with its next chapter of growth in sight. To Cogir USA CEO David Eskenazy, the senior living arm of Montreal-based […]
Heritage Communities is accelerating its growth plans for the coming year with a particular focus on expanding by taking on new management contracts with partners. The Omaha, Nebraska-based company in 2024 acquired its first set of management contracts after 20 years of both owning and operating its communities. Now, it is seeking new partners to […]
This story is part of your SHN+ subscription In 2024, the senior living industry sits at the crossroads of excitement and uncertainty. That was on full display during panel discussions at the recent Senior Housing News reBUILD conference. On the one hand, the senior living industry is gearing up for a big year in new […]
Leaders at American Healthcare REIT (NYSE: AHR) believe the company’s recent acquisition of the remaining ownership stake of Trilogy Health Services could fuel future development and capital allocation. The Irvine, California-based REIT real estate investment trust (REIT) announced the purchase of an additional 24% interest in Trilogy for $258 million in September, making it the […]
American Healthcare REIT (NYSE: AHR) on Tuesday announced it has exercised a purchase option to acquire the remaining 24% ownership stake of Trilogy Health Services. Trilogy acquired the minority stake from its joint-venture partner, an affiliate of NorthStar Healthcare Income. The amount that changed hands with the transaction was $258 million, according to a press […]
The senior housing industry is engaged in a “Goldilocks” period of growing rates and margins, according to leaders with American Healthcare REIT (NYSE: AHR). The industry is seeing a period of historically low construction starts and high demand according to Brian Peay, chief financial officer of American Healthcare REIT. For the company’s operating partners, including […]
Transactions American Healthcare REIT acquires four communities Cogir Management and American Healthcare REIT have expanded their relationship with the acquisition of four more communities in Washington. According to a press release, the portfolio consists of 207 assisted living and memory care units and allows Cogir to operate in Washington, California, Utah and North Carolina for […]
Leaders with American Healthcare REIT (NYSE: AHR) see a variety of avenues ahead for margin growth beyond simply growing occupancy. Much of that is to do with the “unique business” of Trilogy Health Services, executives from the Irvine, California-based real estate investment trust (REIT) told investors and analysts during an earnings call Aug. 6. Trilogy […]
Senior housing remains an important part of American Healthcare REIT’s (NYSE: AHR) overall opportunities to grow, according to the company’s management. On a call with investors and analysts Tuesday, CEO Danny Prosky noted that the company’s current best risk-adjusted returns are “within Trilogy [Senior Living], both exercising the purchase option and growing the existing portfolio.” […]