Skilled Nursing News October 4, 2021
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 in June leadership said this is expected to happen by the end of 2022.
“We are pleased to have completed this merger and are excited about the future prospects of American Healthcare REIT,” Prosky said in an Oct. 1 statement. “As a large, diverse and self-managed healthcare REIT, we believe we are strategically positioned to pursue a future listing or IPO on a national stock...
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