American Healthcare REIT Announces Full-Year 2025 Acquisition Activity of Over $950 Million Across its Operating Portfolio
American Healthcare REIT (NYSE: AHR) announced it closed over $950 million of acquisitions in 2025, with no further deals expected to close before year-end.
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Rhea-AI Summary
American Healthcare REIT (NYSE: AHR) announced it closed over $950 million of acquisitions in 2025, with no further deals expected to close before year-end.
Acquisitions were concentrated in its operating portfolio: about $370 million in Integrated Senior Health Campuses (ISHC) and about $590 million in Senior Housing Operating Properties (SHOP). December activity included a 14-property long-term care portfolio for ISHC totaling over 1,400 beds and units. SHOP additions comprised over 1,700 units across 14 properties. Management said the deals align with disciplined capital allocation and aim to be accretive to growth in 2026.
Positive
- Total acquisitions closed: $950M+ in 2025
- ISHC acquisitions: $370M
- SHOP acquisitions: $590M
- 14-property long-term care purchase adding 1,400+ beds/units
- SHOP expansion added 1,700+ units across 14 properties
Negative
- None.
Details
News Market Reaction – AHR
On Dec 19, the first trading day after this news, AHR closed 0.96% above the previous close. That session’s volume was 2.1x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Dec 19 session.
Key Figures
- 2025 acquisitions
- Over $950 million
- New acquisitions year-to-date 2025 across operating portfolio
- ISHC acquisitions 2025
- Approximately $370 million
- New acquisitions within Integrated Senior Health Campuses segment
- SHOP acquisitions 2025
- Approximately $590 million
- New acquisitions within Senior Housing Operating Properties segment
- ISHC portfolio properties
- 14 properties
- Long-term care asset portfolio acquired in December
- ISHC beds and units
- Over 1,400 beds and units
- Capacity in acquired long-term care portfolio
- SHOP added units
- Over 1,700 units
- Units added across 14 properties in SHOP segment
Historical Context
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Priced 8.1M-share public offering with expected gross proceeds of $388.8M.
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Announced underwritten forward common stock offering with 30-day upsize option.
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Strong Q3 results, double-digit same-store NOI growth, and raised 2025 guidance.
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Set dates for Q3 release and conference call with webcast details.
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Declared Q3 2025 cash distribution of $0.25 per share.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
long-term care medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
All of the Company's new acquisitions are concentrated within its operating portfolio, which consists of the Integrated Senior Health Campuses ("ISHC") and Senior Housing Operating Properties ("SHOP") segments that have driven AHR's strong operating momentum and growth in 2025. Entering the new year, these segments remain the Company's main focus for new external growth as it looks to further expand with its trusted operating partners while maintaining its commitment to exceptional care and outcomes for its residents.
Full-Year 2025 Investment Highlights
- Over
of new acquisitions completed across AHR's operating portfolio, including approximately$950 million within its ISHC segment, and approximately$370 million within its SHOP segment.$590 million - Continued growth of the ISHC segment with Trilogy Management Services as operator, including the acquisition in December of a 14-property portfolio of long-term care assets containing over 1,400 beds and units located in key regional markets.
- Significant expansion of the SHOP segment adding over 1,700 units across 14 properties, supported by the Company's highly curated, trusted regional operating partners that are providing the highest standard of care and outcomes for the aging population across the
U.S. - Disciplined capital allocation consistent with the Company's strategy to prioritize premier assets and invest in acquisitions that are expected to be accretive to growth in 2026 and beyond.
"We continue to execute on our strategy of investing in high-quality properties to add to our operating portfolio segments where we continue to see strong secular demand amidst a growing need for long-term care for the country's aging population," said Danny Prosky, the Company's President and Chief Executive Officer. "We expect that the acquisitions completed this year across our operating portfolio will drive strong risk-adjusted returns as our operating partners execute and deliver best-in-class care and healthcare outcomes. I am pleased that AHR is executing on its growth plans by adding nearly
About American Healthcare REIT, Inc.
American Healthcare REIT, Inc. (NYSE: AHR) is a real estate investment trust that acquires, owns and operates a diversified portfolio of clinical healthcare real estate, focusing primarily on senior housing communities, skilled nursing facilities, and outpatient medical buildings across
Forward-Looking Statements
Certain statements contained in this press release, including statements relating to the Company's expectations regarding its portfolio performance, ability to continue to expand with existing operators, acquire properties that are accretive and drive risk adjusted returns, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may," "will," "can," "expect," "intend," "anticipate," "estimate," "believe," "continue," "possible," "initiatives," "focus," "seek," "objective," "goal," "strategy," "plan," "potential," "potentially," "preparing," "projected," "future," "long-term," "once," "should," "could," "would," "might," "uncertainty" or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Any such forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which the Company operates, and beliefs of, and assumptions made by, the Company's management and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied therein, including, without limitation, risks disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statements contained in this release.
Investor Contact:
Alan Peterson
VP, Investor Relations & Finance
(949) 270-9200
investorrelations@ahcreit.com
Media Contact:
Damon Elder
Spotlight Marketing Communications
(949) 427-1377
damon@spotlightmarcom.com
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SOURCE American Healthcare REIT, Inc.
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