Senior Housing News August 6, 2024
Leaders with American Healthcare REIT (NYSE: AHR) see a variety of avenues ahead for margin growth beyond simply growing occupancy.
Much of that is to do with the “unique business” of Trilogy Health Services, executives from the Irvine, California-based real estate investment trust (REIT) told investors and analysts during an earnings call Aug. 6.
Trilogy manages 128 communities for American Healthcare REIT, with a unit split of about 45% assisted living, 55% skilled nursing. Given that it is an “operator of choice in its markets,” Trilogy “can focus on [quality] mix and value-based care opportunities to provide for top line growth, completely independent of occupancy growth,” said Gabe Willhite, chief operating officer at American Healthcare REIT.
Overall, the REIT reported...
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