NYSE:AHRHealth Care REITs
How Investors May Respond To American Healthcare REIT (AHR) Buying Kensington Senior Housing Assets Below Replacement Cost
American Healthcare REIT, Inc. recently acquired six senior housing communities from Kensington Senior Living for approximately US$572 million, the first phase of an eight-community, 745-unit portfolio with a total contract price of about US$873 million, while Kensington continues to operate the properties.
An interesting angle is that these assisted living and memory care communities sit in affluent, hard-to-build infill markets like Los Angeles, the San Francisco Bay Area, Washington,...