American Healthcare REIT Buys Remaining Ownership Stake of Trilogy for $258M

American Healthcare REIT (NYSE: AHR) has exercised its purchase option to acquire the remaining 24% ownership stake of Trilogy Health Services. The acquisition was made from its joint-venture partner, NorthStar Healthcare Income, for $258 million. Danny Prosky, President and CEO of American Healthcare REIT, expressed excitement over the completion of the acquisition and the positive impact it will have on the company’s financial position. With this transaction, American Healthcare REIT is looking to further expand Trilogy Health Services and capitalize on potential growth opportunities.