American Healthcare REIT, Inc.

American Healthcare REIT is a self-managed real estate investment trust headquartered in Irvine, California, that owns and operates clinical healthcare properties across the United States, United Kingdom, and Isle of Man. The company's primary focus is acquiring, developing, and operating income-producing healthcare real estate, including senior housing communities, skilled nursing facilities, and outpatient medical office buildings. The REIT operates senior housing properties under the RIDEA (Revenue and Income Driven by Engaged Operators) structure, which allows for direct operational involvement. Beyond property ownership, the company originates and acquires secured loans collateralized by healthcare real estate and evaluates opportunistic real estate-related investments.

The company's revenue streams derive from rental income on owned properties, operator revenues from directly operated senior housing communities, and interest income from secured loans. Its diversified property portfolio spans multiple healthcare real estate categories, reducing concentration risk within a single property type or geographic market. The company maintains a fully integrated management platform, enabling direct operational control and asset management across its holdings. As a Maryland-incorporated REIT, American Healthcare REIT is taxed as a pass-through entity and distributes substantially all of its taxable income to shareholders.