American Healthcare REIT Seeking $700 Million in NYSE IPO
- Property vehicle could kick off listing as soon as next week
- REIT has nearly 300 properties in Indiana, Ohio, elsewhere
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American Healthcare REIT Inc. is seeking to raise about $700 million in an initial public offering, according to people familiar with the situation.
The Irvine, California-based senior housing and assisted living property owner could start gauging investor interest in the listing as soon as next week, the people said, asking not to be identified as the information is private. The company is a non-traded REIT, which is required to make regular filings and only infrequently trades over the counter.