IRVINE, Calif., Nov. 12, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company," "we," "our," "management," or "us") (NYSE: AHR) announced today its third quarter 2024 results and updated its full year 2024 guidance, which includes the impact of the Company's recent acquisition to become the sole owner of Trilogy (as defined below). 

Key Highlights:

Reported GAAP net loss of $(3.1) million and GAAP net loss attributable to common stockholders of $(0.03) per diluted share for the three months ended September 30, 2024.Reported Normalized Funds from Operations attributable to common stockholders ("NFFO") of $0.36 per diluted share for the three months ended September 30, 2024.Achieved total portfolio Same-Store Net Operating Income ("NOI") growth of 17.0% for the three months ended September 30, 2024 compared to the same period in 2023, highlighted by 61.8% and 22.6% Same-Store NOI growth from its senior housing operating properties ("SHOP") and integrated senior health campuses ("ISHC"), respectively.The Company is increasing total portfolio Same-Store NOI growth guidance from a range of 12.0% to 14.0% to a revised range of 15.0% to 17.0%, for the year ending December 31, 2024.Acquired a senior housing portfolio in Washington for a total consideration of approximately $36.2 million of assumed debt, plus closing costs. The portfolio is now managed by two of the Company's existing SHOP operators.Completed a follow-on equity offering for approximately 20.0 million shares of its common stock, raising gross proceeds of approximately $471.2 million.Acquired its joint venture partner's remaining 24% minority membership interest in Trilogy REIT Holdings ("Trilogy Holdings") and became Trilogy's sole owner for a consideration of approximately $258.0 million of cash, which included the pre-negotiated "base" purchase price of $247 million and the approximate $11 million pro-rata distributions owed to the Company's joint venture partner.The Company is increasing NFFO guidance from a range of $1.23 to $1.27 to a revised range of $1.40 to $1.43 for the year ending December 31, 2024, to reflect improved portfolio performance expectations, the Company's recent transaction activity and its capital markets activity.Reported a 0.8x improvement in the Company's Net-Debt-to-Annualized Adjusted EBITDA from 5.9x as of June 30, 2024, to 5.1x as of September 30, 2024.

IRVINE, Calif., Oct. 3, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company") (NYSE: AHR) announced today that it will issue its third quarter 2024 earnings release on Tuesday, November 12, 2024, after the close of trading.

A public conference call with a simultaneous webcast will be held on Wednesday, November 13, 2024, at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time. During the conference call, company executives will review third quarter 2024 results, discuss recent events and conduct a question-and-answer period.

IRVINE, Calif., Sept. 24, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR; the "Company") has now exercised its purchase option to acquire the remaining 24% minority membership interest in Trilogy REIT Holdings, LLC ("Trilogy Holdings") that had been held by the Company's joint venture partner, an affiliate of NorthStar Healthcare Income, Inc. Upon the closing of the acquisition, the Company became the sole owner of Trilogy Holdings and the Company's Integrated Senior Health Campuses ("ISHC"). Details of the transactions are as follows: 

IRVINE, Calif., Sept. 18, 2024 /PRNewswire/ -- American Healthcare REIT, Inc., (NYSE: AHR; the "Company"), announced today the pricing of an underwritten public offering of 17,400,000 shares of its common stock at a public offering price of $23.55 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 2,610,000 shares of common stock.

The Company expects to use the net proceeds from the offering to exercise its option to purchase its joint venture partner's 24% minority membership interest in Trilogy Holdings, LLC and to repay certain amounts of debt outstanding under its lines of credit. All of the shares are being offered by the Company, and the offering is expected to close on September 20, 2024, subject to customary closing conditions.

IRVINE, Calif., Sept. 18, 2024 /PRNewswire/ -- American Healthcare REIT, Inc., (NYSE: AHR; the "Company"), announced today that it has commenced an underwritten public offering of 14,500,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 2,175,000 shares of common stock.

The Company expects to use the net proceeds from the offering to exercise its option to purchase its joint venture partner's 24% minority membership interest in Trilogy Holdings, LLC and to repay certain amounts of debt outstanding under its lines of credit. All of the shares are being offered by the Company.

IRVINE, Calif., Sept. 6, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that its board of directors has declared a quarterly distribution of $0.25 per share for the quarter ending September 30, 2024. The distribution will be payable in cash on or about October 18, 2024 to all holders of record of its common stock as of the close of business on September 20, 2024.

IRVINE, Calif., Sept. 5, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) ("Company") announced today that Brian Peay, the Company's Chief Financial Officer, Gabe Willhite, the Company's Chief Operating Officer, Stefan Oh, the Company's Chief Investment Officer, and Alan Peterson, the Company's Vice President of Investor Relations & Finance will participate in a roundtable presentation at BofA Securities Global Real Estate Conference on Thursday, September 12, 2024, at 10:20 a.m. to 10:55 a.m. Eastern Time. A live webcast of the presentation will be available at the following link. A replay will be available at the same link following the completion of the conference on September 12, 2024 for up to one year.

As Share Price Falls, Filing A Broker Fraud Claim May Be Best Chance For Financial Recovery

HOUSTON, Aug. 13, 2024 /PRNewswire/ -- Shepherd Smith Edwards and Kantas (investorlawyers.com) is offering free, no obligation case consultations to American Healthcare REIT (NYSE:AHR) investors. The real estate investment trust saw its shares drop almost 3% on August 6, 2024 as the lock-up period for legacy non-traded REIT shareholders concluded. A product of the merger between Griffin-American Healthcare REIT III, Griffin-American Healthcare REIT IV, and American Healthcare Investors, in February 2024, AHR arrived on the New York Stock Exchange with a 56 million share/IPO at $12/share. Meanwhile, legacy investors had purchased their 66 million shares for $40/share. (American Healthcare REIT's estimated net asset value (NAV) for Class I and Class T common stock in March 2023 following a 4-1 reverse stock split was $31.40/share. )

IRVINE, Calif., Aug. 5, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company," "we," "our," "management," or "us") (NYSE: AHR) announced today its second quarter 2024 results and updated its full year 2024 guidance.

Key Highlights:

Reported GAAP net income attributable to common stockholders of $0.01 per diluted share for the three months ended June 30, 2024.Reported Normalized Funds from Operations attributable to common stockholders ("NFFO") of $0.33 per diluted share for the three months ended June 30, 2024.Reported GAAP net income of $2.9 million for the three months ended June 30, 2024, compared to GAAP net loss of $(11.9) million for the same period in 2023.Achieved total portfolio Same-Store Net Operating Income ("NOI") growth of 15.7% for the three months ended June 30, 2024 compared to the same period in 2023, highlighted by 49.1% and 24.1% Same-Store NOI growth from its senior housing operating properties ("SHOP") and integrated senior health campuses ("ISHC"), respectively.Increased total portfolio Same-Store NOI growth guidance for the year ending December 31, 2024 by 700 basis points at the midpoint from a range of 5.0% to 7.0% to a revised range of 12.0% to 14.0%, due to better-than-expected operations across all of its property segments for the year ending December 31, 2024.Increased NFFO guidance for the year ending December 31, 2024 by $0.04 at the midpoint from a range of $1.18 to $1.24 to a revised range of $1.23 to $1.27, primarily due to increased expectations for NOI growth for its Same-Store portfolio. The increase to NFFO guidance for the year ending December 31, 2024, is partially offset by the increase in interest expense expectations.Reported a 0.5x improvement in the Company's Net-Debt-to-Annualized Adjusted EBITDA from 6.4x as of March 31, 2024 to 5.9x as of June 30, 2024.

IRVINE, Calif., July 10, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company") (NYSE: AHR) announced today that it will issue its second quarter 2024 earnings release on Monday, August 5, 2024, after the close of trading.

A public conference call with a simultaneous webcast will be held on Tuesday, August 6, 2024, at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time. During the conference call, company executives will review second quarter 2024 results, discuss recent events and conduct a question-and-answer period.

IRVINE, Calif., June 12, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that its board of directors has declared a quarterly distribution of $0.25 per share for the quarter ending June 30, 2024. The distribution will be payable in cash on or about July 19, 2024 to all holders of record of its common stock, Class T common stock and Class I common stock as of the close of business on June 27, 2024.

IRVINE, Calif., May 31, 2024 /PRNewswire/ --  American Healthcare REIT, Inc. (NYSE: AHR) announced today that Chief Executive Officer and President Danny Prosky, Chief Financial Officer Brian S. Peay, and Chief Operating Officer Gabe M. Willhite will deliver a company presentation at Nareit's REITweek: 2024 Investor Conference on Tuesday, June 4, 2024, from 11:00 a.m. to 11:30 a.m. Eastern Time. A live webcast of the presentation will be available at the following link.  A replay will be available at the same link following the completion of the conference on June 4, 2024 for up to 30 days.

IRVINE, Calif., May 13, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company," "we," "our," or "us") (NYSE: AHR) announced today its first quarter 2024 results.

Key Highlights:

Reported GAAP net loss attributable to common stockholders of $(0.04) per basic and diluted share for the three months ended March 31, 2024.Reported Normalized Funds from Operations attributable to common stockholders ("NFFO") of $0.30 per basic and diluted share for the three months ended March 31, 2024.Achieved 7.1% total portfolio Same-Store ("SS") revenue growth for the three months ended March 31, 2024 compared to the same period in 2023, largely driven by improved performance in the Company's RIDEA-operated assets.Achieved total portfolio Same-Store Net Operating Income ("NOI") growth of 13.0% for the three months ended March 31, 2024 compared to the same period in 2023, highlighted by 33.5% and 19.9% Same-Store NOI growth from its senior housing operating properties ("SHOP") and integrated senior health campuses ("ISHC"), respectively.Disposed of approximately $15.6 million of Non-Core Properties across the Company's outpatient medical ("OM") and SHOP segments.Acquired a 14-property portfolio in Oregon for approximately $94.5 million that is managed by Compass Senior Living in a RIDEA structure.Completed a public offering of 64.4 million shares of its common stock priced at a public offering price of $12.00 per share and listed such common stock on the New York Stock Exchange ("NYSE") under the symbol "AHR".Paid down approximately $721.5 million of outstanding debt obligations carrying a weighted average interest rate of approximately 7.5%, substantially improving leverage metrics and providing the Company with additional borrowing capacity and flexibility.

IRVINE, Calif., April 22, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that it will issue its first quarter 2024 earnings release on Monday, May 13, 2024, after the close of trading.

A public conference call with a simultaneous webcast will be held on Tuesday, May 14, 2024, at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time. During the conference call, company executives will review first quarter 2024 results, discuss recent events and conduct a question-and-answer period.

IRVINE, Calif., March 21, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (the "Company") (NYSE: AHR) announced today its fourth quarter and full year 2023 results. Further, the Company reported various subsequent-to-quarter-end items.

Key Highlights:

Reported GAAP net loss attributable to stockholders of $(0.42) and $(1.08) per basic and diluted share for the three and 12 months ended December 31, 2023.Reported Normalized Funds from Operations attributable to stockholders ("NFFO") of $0.38 and $1.40 per basic and diluted share for the three and 12 months ended December 31, 2023, respectively.Achieved 5.2% and 7.7% total portfolio Same-Store ("SS") revenue growth for the three and 12 months ended December 31, 2023, respectively, compared to the same periods in 2022 largely driven by occupancy gains in the Company's RIDEA-operated assets.Achieved year-over-year total portfolio Same-Store Net Operating Income ("NOI") growth of 8.6%, highlighted by 27.2% and 14.0% Same-Store NOI growth from our SHOP and Integrated Senior Health Campuses ("ISHC"), respectively.Disposed of approximately $195 million of Non-Core Properties across the Company's Outpatient Medical and SHOP segments during the 12 months ended December 31, 2023.Subsequent to year end, completed a public offering of 64.4 million shares of our common stock priced at $12.00 per share and listed our common stock on the New York Stock Exchange ("NYSE") under the symbol "AHR".Subsequent to year end, paid down approximately $721 million of outstanding debt obligations carrying a weighted average interest rate of approximately 7.53% using the net proceeds from the public offering, meaningfully improving leverage metrics and providing the Company with additional capacity and flexibility.

IRVINE, Calif., March 15, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that its board of directors has declared a quarterly distribution of $0.25 per share for the quarter ending March 31, 2024. The distribution will be payable in cash on April 19, 2024 to all holders of record of its common stock, Class T common stock and Class I common stock as of the close of business on March 28, 2024.

IRVINE, Calif., March 11, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that it will issue its fourth quarter and full year 2023 earnings release on March 21, 2024, after the close of trading.

A public conference call with a simultaneous webcast will be held on Friday, March 22, 2024, at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time. During the conference call, company executives will review fourth quarter and full year 2023 results, discuss recent events and conduct a question-and-answer period.

IRVINE, Calif., March 1, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR), announced today that President and Chief Executive Officer Danny Prosky, Chief Financial Officer Brian S. Peay and Chief Operating Officer Gabe M. Willhite will participate in a roundtable discussion at the Citi 2024 Global Property CEO Conference on Monday, March 4, 2024 from 4:20 to 4:55 p.m. Eastern Time. A live webcast of the presentation will be available at the following link. A replay will be available for one year utilizing the same link following the completion of the conference on March 5, 2024.

Alan Peterson III joins company as vice president of investor relations and finance

IRVINE, Calif., Feb. 26, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR), announced today that Alan Peterson III has joined the company as vice president of investor relations and finance. Peterson is responsible for leading the company's investor relations efforts and various strategic initiatives.

IRVINE, Calif., Feb. 21, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that it has amended its existing credit facility, extending its maturity date and increasing its size to up to $1,150,000,000. The credit facility consists of an unsecured revolving credit facility in the initial aggregate amount of $600,000,000 and an unsecured term loan facility in the initial aggregate amount of $550,000,000. The revolving portion of the credit facility now matures on February 14, 2028, and may be extended for one 12-month period, subject to certain conditions, and the term loan portion of the facility matures on January 19, 2027. The amended credit facility will allow for increased flexibility as the company evaluates opportunities, while maintaining the strength of its capital structure since its recently completed underwritten public offering of common stock and the listing of its common stock on the New York Stock Exchange.