American Healthcare REIT, Inc.

General Information
Business:

We are a leading internally managed REIT that acquires, owns and operates a diversified portfolio of clinical healthcare real estate properties, focusing primarily on medical office buildings (MOBs), senior housing, skilled nursing facilities (SNFs), hospitals and other healthcare-related facilities. We have built a fully integrated management platform, with approximately 112 employees, that operates clinical healthcare properties throughout the United States, the United Kingdom and the Isle of Man. As of Sept. 30, 2023, we had approximately $4.6 billion of total assets and (we) were the ninth-largest public reporting healthcare REIT (based on total assets). As of Sept. 30, 2023, we owned and/or operated 298 buildings and integrated senior health campuses, representing an aggregate of approximately 18.875 million square feet of gross leasable area (GLA).

We believe that one of the keys to our success is our ability to benefit from a wide range of opinions and experiences. We believe the best way to accomplish this is through promoting racial, gender, and generational diversity across all layers of our organization. As of Sept. 30, 2023, 72.3% of our employees were minorities and 58.0% were females. Generationally, our organization was composed of 8.9% Generation Z, 36.6% Millennials, 48.2% Generation X and 6.3% Baby Boomers.

**Note: Net loss and revenue figures are for the 12 months that ended Sept. 30, 2023. 

(Note: American Healthcare REIT, Inc. priced its IPO on Feb. 6, 2024, at $12.00 – the bottom of its $12.00-to-$15.00 range – to raise $672.0 million. Background: American Healthcare REIT, Inc. filed an S-11/A dated Jan. 29, 2024, and disclosed the terms for its IPO: 56.0 million shares at a price range of $12.00 to $15.00 to raise $756.0 million. Background: American Healthcare REIT, Inc., filed an S-11/A dated Nov. 7, 2023, disclosing that Morgan Stanley has joined the joint book-runners’ team. Terms have not been disclosed. This is American Healthcare REIT’s first listing of its stock on a U.S. exchange – with the goal to list its stock on the NYSE. Background: American Healthcare REIT, Inc. filed its S-11 on Sept. 16, 2022.)

 

Industry: REIT - Real Estate Investment Trust
Employees: 112
Founded: 2014
Contact Information
Address 18191 Von Karman Avenue, Suite 300 Irvine, California 92612
Phone Number (949) 270-9200
Web Address http://www.AmericanHealthcareREIT.com/
View Prospectus: American Healthcare REIT, Inc.
Financial Information
Market Cap $1663.2mil
Revenues $1836.62 mil (last 12 months)
Net Income $-95.23 mil (last 12 months)
IPO Profile
Symbol AHR
Exchange NYSE
Shares (millions): 56.0
Price range $12.00 - $12.00
Est. $ Volume $672.0 mil
Manager / Joint Managers BofA Securities/ Morgan Stanley/ KeyBanc Capital Markets/ Citigroup
CO-Managers JMP Securities/ Regions Bank/ Fifth Third Securities/ Credit Agricole
Expected To Trade: 2/7/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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