Announced
Synopsis
American Healthcare REIT, a specialist in the investment of healthcare real estate properties, agreed to acquire the remaining minority stake in Trilogy REIT, a company that operates in real estate healthcare sector, from NorthStar Healthcare Income, a specialist in acquisitions, equity management, and securities investments in healthcare real estate, for $260m. "Trilogy has been strategically built over the course of nearly three decades in select markets that have experienced growing demand for long-term care services and in which Trilogy has established an industry-leading presence. Trilogy constitutes more than a third of American Healthcare REIT's $4.4bn portfolio and is the strongest performing component. Trilogy is one of the nation's finest senior care operators, as evidenced by its remarkable recovery from the COVID pandemic, which battered the senior care industry," Danny Prosky, AHR President and CEO.
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