Fourth Quarter 2025 Supplemental Disclaimers Forward-Looking Statements Certain statements contained in this supplemental, filed in conjunction with the Fourth Quarter 2025 Earnings Press Release, including statements relating to American Healthcare REIT, Inc.'s (the "Company") expectations regarding its performance, interest expense savings, balance sheet, net income or loss attributable to common stockholders and per diluted share, NAREIT FFO attributable to common stockholders and per diluted share, NFFO ...

Financial Data and Key Metrics Changes - For the year ended 2025, cash NOI was $169.9 million, a 0.8% increase from $168.6 million in 2024, driven by acquisition activity and a 0.9% increase in same-store cash NOI [17] - FFO per share for 2025 was $2.16, a 3.6% increase from the previous year, while AFFO per share was $2.18, a 5.8% decrease from the previous year [18] - The portfolio-wide EBITDARM rent coverage ratio improved to 5.9x in 2025 from 5.3x in 2024 [20] Business Line Data and Key Metrics Changes - The company acquired 6 healthcare facilities for approximately $150 million, totaling 241,000 sq ft, and closed on an additional facility for $43.1 million after year-end [5] - The company completed over $7 million in redevelopment opportunities, indicating a focus on enhancing existing properties [6] Market Data and Key Metrics Changes - The company reported a significant improvement in tenant credit quality, with investment-grade rated tenant guarantor and affiliate percentage increasing by 2.3% year-over-year to 40.6% [11] - The company retained 90% of scheduled expiring tenancy on a square footage basis, with only 0.5% of ABR represented by non-renewing tenants [9] Company Strategy and Development Direction - The company aims to grow its healthcare real estate portfolio, focusing on high-quality, necessity-based assets that provide predictable income streams [4] - The company is poised for growth, with a strong balance sheet and a commitment to capital allocation that maximizes long-term shareholder value [22] Management's Comments on Operating Environment and Future Outlook - Management highlighted the demographic shift of the baby boomer generation, which is expected to increase outpatient healthcare spending to nearly $2 trillion by 2030, driving demand for healthcare services [15] - The company believes it is well-positioned to continue executing its strategy, supported by a strong tenant base and a robust pipeline of opportunities [15] Other Important Information - The company has a total liquidity exceeding $480 million, providing substantial capital for acquisitions and growth initiatives [21] - The company executed purchase and sale agreements for three properties, with the Saginaw Healthcare facility sold for $14.5 million [8] Q&A Session Summary Question: How much rent was collected on the Alexandria building being sold? - The Alexandria property had scheduled rent of $40,000 per month, with holdover rent paid at 125% of the scheduled rent, totaling $120,000 in Q4 [26] Question: Is there a material difference between the leased percentage shown and what's commenced? - The El Segundo property has a free rent period, but is considered leased as of year-end [31] Question: What is the pricing like for similar assets in the market? - Pricing for similar assets generally ranges from the high 6s to mid 7s cap rates, depending on various factors [32][34] Question: What is the company's leverage capacity and buying power for 2026? - The company could invest about $225 million to reach the midpoint of its targeted leverage, with potential for up to $375 million at the high end [42] Question: What is the expected cadence for acquisitions? - The market will drive the cadence, with expectations for acquisition volume to be similar to the previous year [47]

Financial Data and Key Metrics Changes - For the year ended 2025, cash NOI was $169.9 million, a 0.8% increase from $168.6 million in 2024, driven by acquisition activity and a 0.9% increase in same-store cash NOI [17] - FFO per share for 2025 was $2.16, representing a 3.6% increase from the previous year, while AFFO per share was $2.18, a 5.8% decrease from the previous year [18] - The portfolio-wide EBITDARM rent coverage ratio improved to 5.9x in 2025 from 5.3x in 2024 [20] Business Line Data and Key Metrics Changes - The company acquired 6 healthcare facilities for approximately $150 million, totaling 241,000 sq ft, and closed on an additional facility for $43.1 million after year-end [5] - The company completed over $7 million in redevelopment opportunities, indicating a focus on enhancing existing properties [6] Market Data and Key Metrics Changes - The company reported a significant improvement in tenant credit quality, with investment-grade rated tenant guarantor and affiliate percentage increasing by 2.3% year-over-year to 40.6% [11] - The company retained 90% of scheduled expiring tenancy on a square footage basis, with only 0.5% of ABR represented by non-renewing tenants [9] Company Strategy and Development Direction - The company aims to continue executing its strategy of growing a high-quality, necessity-based healthcare real estate portfolio designed to deliver predictable income streams [4] - The company is focused on optimizing its portfolio construction through planned dispositions and capital allocation to existing properties [8] Management's Comments on Operating Environment and Future Outlook - Management highlighted the demographic shift of the baby boomer generation reaching 65 or older by 2030, which is expected to increase outpatient healthcare spending to nearly $2 trillion [15] - The company believes it is well-positioned to capitalize on market opportunities and maintain strong financial performance [15] Other Important Information - The company has a total liquidity exceeding $480 million, providing substantial capital for acquisitions and growth initiatives [21] - The company executed purchase and sale agreements on three properties, with the Saginaw healthcare facility sold for gross proceeds of $14.5 million [8] Q&A Session Summary Question: How much rent was collected on the Alexandria building being sold? - The Alexandria property had scheduled rent of $40,000 per month, with holdover rent paid at 125% of the scheduled rent, totaling $120,000 in the fourth quarter [26] Question: Is there a material difference between the leased percentage shown and what's commenced? - The El Segundo property has a free rent period, but is considered leased as of year-end [31] Question: What is the pricing like for similar assets in the market? - Pricing for similar assets generally ranges from the high 6s to mid 7s cap rates, depending on various factors [32] Question: What is the company's leverage capacity and buying power for 2026? - The company could invest about $225 million to reach the midpoint of its targeted leverage, with potential for up to $375 million at the high end [42] Question: What is the expected cadence for acquisitions? - The market will drive the cadence, with expectations for acquisition volume to be similar to the previous year [47]

Financial Data and Key Metrics Changes - For the year ended 2025, cash NOI was $169.9 million, a 0.8% increase from $168.6 million in 2024, driven by acquisition activity and a 0.9% increase in same-store cash NOI [18] - FFO per share for 2025 was $2.16, a 3.6% increase from the previous year, while AFFO per share was $2.18, a 5.8% decrease from the previous year [19] - The portfolio-wide EBITDARM rent coverage ratio improved to 5.9x in 2025 from 5.3x in 2024 [21] Business Line Data and Key Metrics Changes - The company acquired 6 healthcare facilities for approximately $150 million, totaling 241,000 sq ft, and closed on an additional facility for $43.1 million after year-end [5] - The company completed over $7 million in redevelopment opportunities, indicating a focus on enhancing existing properties [6] Market Data and Key Metrics Changes - The company reported a significant improvement in tenant credit quality, with investment grade rated tenant guarantor and affiliate percentage increasing by 2.3% year-over-year to 40.6% [12] - The company retained 90% of scheduled expiring tenancy on a square footage basis, with only 0.5% of ABR represented by non-renewing tenants [10] Company Strategy and Development Direction - The company aims to continue executing its strategy of growing a high-quality, necessity-based healthcare real estate portfolio designed to deliver predictable income streams [4] - The company is focused on capital allocation that creates long-term value, including acquisitions and investments in existing properties [23] Management's Comments on Operating Environment and Future Outlook - Management highlighted the demographic shift with the baby boomer generation reaching 65 or older by 2030, which is expected to increase outpatient healthcare spending to nearly $2 trillion [16] - The company believes it is well-positioned to capitalize on market opportunities and maintain strong operational performance [15] Other Important Information - The company has a total liquidity exceeding $480 million, providing substantial capital for acquisitions and growth initiatives [22] - The company executed purchase and sale agreements on three properties, with the Saginaw healthcare facility sold for gross proceeds of $14.5 million [9] Q&A Session Summary Question: How much rent was collected on the Alexandria building being sold? - The Alexandria property had scheduled rent of $40,000 per month, with holdover rent paid at 125% of scheduled rent, totaling $120,000 in the fourth quarter [27] Question: Is there a material difference between the leased percentage shown and what's commenced? - The El Segundo property has a free rent period, but is considered leased as of year-end [32] Question: What is the pricing like for similar assets in the market? - Pricing for similar assets generally ranges from the high 6s to mid 7s cap rates, depending on various factors [33][34] Question: What is the company's leverage capacity and buying power for 2026? - The company could invest about $225 million to reach the midpoint of its targeted leverage, with potential for up to $375 million at the high end [43] Question: What is the expected cadence for acquisitions? - The market will drive the cadence, with expectations for acquisition volume to be similar to the previous year [47]

Sila Realty Trust, Inc. Q4 2025 Earnings Call Summary - Moby Strategic Execution and Portfolio Resilience Transitioned shareholder base to approximately 70% institutional ownership following the first full year as a publicly traded company. Acquired six healthcare facilities in 2025 for $150 million, focusing on modern construction and high-quality tenant sponsorship in the 'Sila mold'. Achieved a 90% retention rate on expiring leases, with non-renewals representing only 0.5% of Annual Base Rent (AB ...

Toronto, Ontario--(Newsfile Corp. - February 24, 2026) - Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the "REIT" or "Northwest"), a global investor and operator of healthcare infrastructure assets in North America, Australia, Brazil, and Europe, announced its results for the three months and year ended December 31, 2025. The REIT also provided updates on its portfolio repositioning strategy and capital initiatives, and announced a corporate name change to Vital Infrastructure ...

Financial Results and Supplemental Information FOURTH QUARTER 2025 February 23, 2026 Diversified Healthcare Trust Announces Fourth Quarter 2025 Financial Results "DHC finished an active 2025 on a strong note and is carrying significant positive momentum into 2026. Fourth quarter and full year results came in at the high end of our expectations, with fourth quarter same property SHOP NOI improving 27.6% over last year to $38.3 million, and full year SHOP NOI improving 31.3% to $139.3 million. Same property S ...

Investor Presentation February 2026 1 1 Overture at Plano 500 Coit Road Plano, TX Warning Concerning Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws that are subject to risks and uncertainties. These statements may include words such as "believe", "expect", "anticipate", "intend", "plan", "estimate", "will", "may" and negatives or derivatives of these or similar expressions. ...

Core Viewpoint - Welltower Inc. is recognized as one of the best real estate stocks to buy, reflecting strong confidence from hedge funds and analysts regarding its growth potential [1][9]. Financial Performance - In the fourth quarter, Welltower reported a revenue increase of 36%, EBITDA growth of 32%, and FFO per share rising by 22% [3]. - The company has strengthened its balance sheet by reducing leverage while investing in technology and personnel to support long-term growth [3]. Strategic Initiatives - Welltower launched its private funds management business and updated incentive programs for teams and operating partners [4]. - The company introduced the Tech Quad initiative to enhance technology capabilities and operational efficiency [4]. Investment Activity - Welltower completed nearly $11 billion in net investments, primarily focused on senior housing in high-growth markets [5]. - The company funded these investments largely through the $7.2 billion sale of its outpatient medical business, allowing a greater focus on senior housing [5]. - As of early 2026, Welltower has already completed or contracted $5.7 billion in acquisitions, with an additional $2.5 billion in potential deals [6]. Company Overview - Welltower Inc. is a healthcare real estate company specializing in senior housing and wellness communities across the U.S., U.K., and Canada, with a portfolio of over 2,000 properties [7].

Core Insights - The company reported a gain of approximately $11.5 million from the sale of an inpatient rehab facility at a cap rate of 7.9%, with net proceeds reinvested into a new facility for $28.5 million, expected to yield an annual return of about 9.3% [1] - Total revenue for the fourth quarter increased to $30.9 million, reflecting a 5.6% annual growth, although it showed a slight decrease of $140,000 quarter-over-quarter [8][9] - The company is actively engaged in capital recycling, with plans for further acquisitions and dispositions, maintaining a focus on selective investment opportunities [5][19] Financial Performance - Funds from operations (FFO) for 2025 reached $13.3 million, a 4.6% increase year-over-year, while adjusted funds from operations (AFFO) totaled $14.9 million, a 2.1% increase from 2024 [10][11] - The company declared a fourth-quarter dividend of $0.4775 per share, marking a consistent increase in dividends since its IPO [6][7] Portfolio Management - Occupancy rates slightly decreased from 90.1% to 90% during the quarter, with an increase in the weighted average lease term from 6.7 to 7 years [2] - The company is undergoing redevelopment on three properties, with the largest project expected to be completed in 2026 [2] Acquisition and Disposition Strategy - The company has signed definitive purchase and sale agreements for five properties, with an expected total investment of $122.5 million [5] - The company anticipates closing on one property in the first quarter, with two more expected to close in 2026 and the remaining two in 2027 [6] Market Conditions - The company noted a high level of demand for its assets, with a cap rate of 7.9% achieved on recent dispositions, and expects similar pricing for future sales [22] - The company is seeing opportunities for acquisitions in the 9% to 10% cap rate range, while being cautious about raising capital through stock issuance at current price levels [22][30]