American Healthcare REIT, (formerly Griffin-American Healthcare REIT IV) completed its merger with Griffin-American Healthcare REIT III, in a tax-free, stock-for-stock transaction that created a combined company with a gross investment value of approximately $4.2 billion in healthcare real estate assets.
Each of the more than 100 employees of AHI, including its three founders, have become employees of the newly combined company. As a result, American Healthcare REIT is self-managed with a fully integrated management platform with capabilities across acquisitions, asset management, finance, accounting and tax, that are expected to result in operational cost savings of approximately $21 million annually. Read more.
