American Healthcare REIT Acquires Remaining 24% Membership Interest in Trilogy REIT Holdings For Purchase Price Of ~$258M
Portfolio Pulse from Benzinga Newsdesk
American Healthcare REIT has acquired the remaining 24% membership interest in Trilogy REIT Holdings for approximately $258 million. This acquisition consolidates AHR's ownership in Trilogy REIT Holdings.
September 24, 2024 | 8:18 pm
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American Healthcare REIT has completed the acquisition of the remaining 24% interest in Trilogy REIT Holdings for $258 million, consolidating its ownership.
The acquisition of the remaining interest in Trilogy REIT Holdings by AHR is a significant move that consolidates its ownership, potentially leading to greater control and synergies. This is likely to be viewed positively by investors, hence a short-term positive impact on AHR's stock price.
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