secwatch.observer — SEC 8-K summary
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Issuer:     American Healthcare REIT, Inc. (AHR)
CIK:        0001632970
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001632970-24-000022
Event type: other_material
Sentiment:  positive
Materiality: 0.82
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AHR amends credit facility to $1.15B, repays $721M debt, updates occupancy and acquisition
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- Credit facility: $600M revolver (matures Feb 2028) and $550M term loan (matures Jan 2027), replacing 2022 facility.
- Repaid ~$721M debt at 7.53% weighted avg rate, reducing line-of-credit balance to $747M at 5.91% effective rate.
- Annual interest expense savings of ~$54M from debt paydown; leverage metrics improved.
- Same-store SHOP occupancy rose to 82.6% (from 78.8% Q3 2023); Integrated Senior Health Campuses at 87.6% (up from 86.6%).
- Acquired 856-bed Oregon senior housing portfolio with $94.5M assumed debt at 4.54% fixed rate, managed by Compass Senior Living.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1632970/000163297024000022/0001632970-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1632970/000163297024000022/ahr-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001632970-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer