American Healthcare REIT has recently released its 10-Q report, providing a detailed insight into the company's financial condition and results of operations. American Healthcare REIT, Inc. is a self-managed real estate investment trust that focuses primarily on senior housing, skilled nursing facilities, outpatient medical buildings, and other healthcare-related facilities. The company operates a diversified portfolio of clinical healthcare real estate properties throughout the United States, the United Kingdom, and the Isle of Man. American Healthcare REIT has elected to be taxed as a REIT for U.S. federal income tax purposes and has built a fully-integrated management platform that operates clinical healthcare properties.
In the Management’s Discussion and Analysis of Financial Condition and Results of Operations, the company provides a comprehensive overview of its financial position as of June 30, 2025, and December 31, 2024, along with the results of operations for the three and six months ended June 30, 2025, and 2024. The report also includes a discussion of the critical accounting estimates and factors which may influence the results of operations, such as inflation and scheduled lease expirations.
As of June 30, 2025, American Healthcare REIT owned and/or operated 309 buildings and integrated senior health campuses, representing approximately 19,228,000 square feet of gross leasable area, for an aggregate contract purchase price of $4,513,420,000. The company also owned a real estate-related debt investment purchased for $60,429,000.
The report highlights that inflation has affected the company's operations, leading to increases in the cost of labor, services, energy, and supplies. American Healthcare REIT has implemented strategies to mitigate the impact of inflation, such as billing higher rent and care fee increases for existing residents and negotiating rental increases in leases.
The company's operating results primarily comprise income derived from its portfolio of properties and expenses related to the acquisition and operation of such properties. American Healthcare REIT operates through four reportable business segments: integrated senior health campuses, outpatient medical buildings, senior housing operating properties, and triple-net leased properties.
The 10-Q report provides a detailed comparison of the company's results of operations for the three and six months ended June 30, 2025, compared to the corresponding periods in 2024. The most significant drivers behind changes in the consolidated results of operations were attributed to an increase in resident occupancies and billing rates, the adverse impact of inflation, and the company's acquisitions and dispositions of investments.
As a result of these announcements, the company's shares have moved 1.63% on the market, and are now trading at a price of $40.51. For more information, read the company's full 10-Q submission here.
