American Healthcare REIT buys six Kensington Senior Living communities for $572 million
AHR•Two remaining communities and portfolio impact
Two remaining communities are under definitive purchase agreements, with closings expected in Q4 2026, subject to conditions.
The transaction lifts year-to-date investments above $2 billion, expanding exposure to supply-constrained coastal and gateway metro markets.
American Healthcare REIT acquires six Kensington Senior Living communities
American Healthcare REIT acquired six Kensington Senior Living communities for about $572 million, covering 464 units.
The assets form part of an eight-community, 745-unit portfolio priced at about $873 million, described as below replacement cost.
Kensington will continue operating the properties; about 93% of units are assisted living or memory care.
