American Healthcare REIT raises 2026 normalized FFO guidance to $2.23-$2.26 a share
AHR•American Healthcare REIT raised its 2026 normalized FFO guidance to $2.23-$2.26 per share, implying more than 30% growth at the midpoint. It forecast total portfolio same-store NOI growth of 12%-14%, up from 11%-13%.
1. Guidance raised
American Healthcare REIT raised fiscal 2026 normalized FFO guidance to $2.23-$2.26 per share, implying over 30% growth at the midpoint. The company forecast total portfolio same-store net operating income growth of 12%-14%, compared with its prior 11%-13% range.
2. Third-quarter results
Third-quarter same-store net operating income rose 28.2% for SHOP, while Trilogy growth reached 15.7%, supported by revenue gains and margin expansion. Guidance includes $2.1 billion of acquisitions and investments closed through Nov. 5, 2026, but excludes an awarded pipeline exceeding $1 billion.
