Recent Updates — AHR
American Healthcare REIT announced the retirement of Chief Financial Officer Brian S. Peay, effective September 30, 2026, and appointed Aric Chang as his successor, effective October 1, 2026. Chang joins from Public Storage, where he served as CFO for Real Estate. His compensation package includes a $500,000 annual base salary, a target bonus of 100% of base, and a $1,000,000 long-term incentive award starting in 2027. As an inducement to join, Chang will receive a one-time cash payment of $310,000. Peay will serve as a non-employee consultant through April 15, 2027, receiving accelerated vesting of 18,159 restricted stock shares and other separation benefits. The company operates in the real estate investment trust sector, focusing on acquiring, owning, and operating clinical healthcare properties such as senior housing and skilled nursing facilities.
American Healthcare REIT acquired six senior housing communities from Kensington Senior Living for approximately $572 million, comprising 464 units dedicated primarily to assisted living and memory care. This transaction is part of an eight-community portfolio with a total contract price of $873 million; the remaining two communities are expected to close in Q4 2026 subject to conditions. Kensington will continue operating the properties under a long-term strategic partnership. The deal advances AHR's higher-acuity senior housing strategy and brings its year-to-date investments above $2 billion. American Healthcare REIT is a real estate investment trust that acquires, owns, and operates clinical healthcare real estate, focusing on senior housing, skilled nursing facilities, and outpatient medical buildings.
American Healthcare REIT exercised its underwriters' option to purchase an additional 1,987,500 shares of common stock in connection with a public offering initially closed on August 12, 2026. The company entered into forward sale agreements with Morgan Stanley, Citigroup, and KeyBanc to deliver these Additional Shares by no later than August 10, 2028. Net proceeds from the settlement will be contributed to the Operating Partnership to fund a pending acquisition of senior housing properties, potential future investments, and general corporate purposes. American Healthcare REIT operates in the real estate investment trust sector, focusing on healthcare-related properties.
American Healthcare REIT closed a public offering on August 12, 2026, selling 13,250,000 shares of common stock. The underwriters included Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., and KeyBanc Capital Markets Inc., with an option to purchase up to 1,987,500 additional shares. Proceeds from the offering are intended for a pending acquisition of senior housing properties, future investments, and general corporate purposes. American Healthcare REIT operates in the real estate investment trust sector, focusing on healthcare-related properties.
American Healthcare REIT, Inc. entered into purchase agreements to acquire the Kensington Portfolio, comprising eight senior housing communities in California, Maryland, New York, and Virginia totaling 745 units, for an aggregate price of $873 million. The transaction involves initial closing on September 1, 2026, with additional closings contingent on lender consent or stabilization conditions by year-end 2026. The company intends to finance the acquisition through equity offerings, credit agreement borrowings, assumed debt, and cash on hand. American Healthcare REIT operates in the real estate investment trust sector, focusing on acquiring and managing senior housing properties.