secwatch.observer — SEC 8-K summary
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Issuer:     American Healthcare REIT, Inc. (AHR)
CIK:        0001632970
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001632970-24-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Healthcare REIT Q4 NFFO $0.38/sh, FY24 guidance $1.18-$1.24; completed IPO, paid down $721M debt
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- GAAP net loss $(0.42) per share Q4, $(1.08) FY2023; NFFO $0.38 Q4, $1.40 FY2023.
- Total portfolio same-store NOI growth 9.5% Q4, 8.6% FY2023; SHOP NOI up 44.9% Q4.
- Disposed $195M non-core properties in 2023; subsequent IPO of 64.4M shares at $12.
- Used IPO proceeds to pay down ~$721M debt at 7.53% avg rate, improving leverage.
- FY2024 guidance: NAREIT FFO $1.13-$1.19/sh, NFFO $1.18-$1.24/sh, SS NOI growth 5-7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/ahr-20240321.htm
  HTML page:      https://secwatch.observer/filing/0001632970-24-000036

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