American Healthcare REIT Acquires Remaining 24% Stake in Trilogy REIT Holdings

American Healthcare REIT, Inc. (AHR) exercised its purchase option and acquired the remaining 24% minority membership interest in Trilogy REIT Holdings, LLC for approximately $258 million, becoming the sole owner of Trilogy REIT Holdings and its Integrated Senior Health Campuses (ISHC). The acquisition was funded with net proceeds from a concurrent equity offering, with remaining proceeds used to repay roughly $194 million of outstanding credit facility debt.