American Healthcare REIT, Inc. (AHR), based in Irvine, has recently announced its plans to acquire the minority membership interest held by NorthStar Healthcare Income in Trilogy REIT Holdings, LLC. This strategic purchase agreement grants AHR the option to exercise its purchase at any time before Sept. 30, 2025 for an all-cash price ranging from $240.5 million to $260 million.
Trilogy was established in 1997 and is a leading owner-operator of purpose-built integrated senior health campuses across Indiana, Ohio, Michigan and Kentucky. With a portfolio of over 123 properties and more than 13,000 beds as of June 30th , Trilogy continues to be a top performer within AHR’s $4.4 billion portfolio.
According to Danny Prosky , President and CEO of AHR,”Trilogy is our strongest performing component representing more than one-third of our total portfolio.” He further added that “As one of the nation’s finest senior care operators with exceptional recovery from the COVID pandemic which greatly impacted the industry.”
