American Healthcare REIT Completes $4.2B M&A, Eyes IPO Next

American Healthcare REIT late last week announced its completed merger with Griffin-American Healthcare REIT III, creating a combined $4.2 billion in healthcare real estate assets. Danny Prosky, CEO and president of the newly combined company, said in a statement the real estate investment trust (REIT) is “strategically positioned” to go public. During an investor presentation […]

Trilogy Owner Griffin-American Creating $4.2B Portfolio with Merger, Plans IPO

Griffin-American Healthcare REIT III (GAHR III) and Griffin-American Healthcare REIT IV (GAHR IV) on Thursday announced a merger agreement — as well as the acquisition of American Healthcare Investors — to become American Healthcare REIT, Inc. In a $1.125 billion joint venture transaction that closed in 2015, GAHR III acquired a majority stake in Louisville, […]

Reliant’s $88M Portfolio Play; $28M HUD Loan for Illinois Facility

Reliant Named as Seller, Operator in $88M Griffin Deal Affiliates of Reliant Care Management Group sold a portfolio of eight skilled nursing facilities in Missouri to Griffin-American Healthcare REIT IV, Inc., and will stay on as operators going forward. Griffin-American first announced the $88.2 million deal in June, with the deal closing during the first week […]

AHI’s Prosky on Skilled Nursing Optimism, M&A Strategies

Danny Prosky, one of the co-founders of American Healthcare Investors, Inc., has spent more than 20 years in the field of health care real estate investment — and he remains upbeat about the future of skilled nursing. Skilled Nursing News spoke to Prosky about the state of skilled nursing industry in his capacity as managing […]