<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
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  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001371918</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001632970</issuerCik>
      <issuerName>American Healthcare REIT, Inc.</issuerName>
      <secFileNumber>001-41951</secFileNumber>
      <issuerAddress>
        <com:street1>18191 VON KARMAN AVENUE</com:street1>
        <com:street2>SUITE 300</com:street2>
        <com:city>IRVINE</com:city>
        <com:stateOrCountry>CA</com:stateOrCountry>
        <com:zipCode>92612</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>949-270-9200</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Jeffrey Hanson</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Merrill</name>
        <address>
          <com:street1>8890 Lyra Drive, 5th Floor</com:street1>
          <com:city>Columbus</com:city>
          <com:stateOrCountry>OH</com:stateOrCountry>
          <com:zipCode>43240</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>54778</noOfUnitsSold>
      <aggregateMarketValue>2649904</aggregateMarketValue>
      <noOfUnitsOutstanding>176908238</noOfUnitsOutstanding>
      <approxSaleDate>12/22/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>728</amountOfSecuritiesAcquired>
      <paymentDate>05/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>243</amountOfSecuritiesAcquired>
      <paymentDate>06/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>258</amountOfSecuritiesAcquired>
      <paymentDate>07/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>193</amountOfSecuritiesAcquired>
      <paymentDate>08/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>09/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>577</amountOfSecuritiesAcquired>
      <paymentDate>09/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>10/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>357</amountOfSecuritiesAcquired>
      <paymentDate>10/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>11/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>200</amountOfSecuritiesAcquired>
      <paymentDate>11/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/15/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4227</amountOfSecuritiesAcquired>
      <paymentDate>12/15/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/15/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>20661</amountOfSecuritiesAcquired>
      <paymentDate>01/15/2015</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>04/20/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>264</amountOfSecuritiesAcquired>
      <paymentDate>04/20/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>528</amountOfSecuritiesAcquired>
      <paymentDate>05/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>528</amountOfSecuritiesAcquired>
      <paymentDate>06/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>528</amountOfSecuritiesAcquired>
      <paymentDate>07/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>528</amountOfSecuritiesAcquired>
      <paymentDate>08/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>09/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>606</amountOfSecuritiesAcquired>
      <paymentDate>09/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>10/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>607</amountOfSecuritiesAcquired>
      <paymentDate>10/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>11/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>607</amountOfSecuritiesAcquired>
      <paymentDate>11/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/15/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>607</amountOfSecuritiesAcquired>
      <paymentDate>12/15/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>507</amountOfSecuritiesAcquired>
      <paymentDate>01/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>02/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>518</amountOfSecuritiesAcquired>
      <paymentDate>02/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>520</amountOfSecuritiesAcquired>
      <paymentDate>03/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>04/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>588</amountOfSecuritiesAcquired>
      <paymentDate>04/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>595</amountOfSecuritiesAcquired>
      <paymentDate>05/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>612</amountOfSecuritiesAcquired>
      <paymentDate>06/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>630</amountOfSecuritiesAcquired>
      <paymentDate>07/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>630</amountOfSecuritiesAcquired>
      <paymentDate>08/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>09/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>630</amountOfSecuritiesAcquired>
      <paymentDate>09/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>10/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>630</amountOfSecuritiesAcquired>
      <paymentDate>10/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>11/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>630</amountOfSecuritiesAcquired>
      <paymentDate>11/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/15/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>630</amountOfSecuritiesAcquired>
      <paymentDate>12/15/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2004</amountOfSecuritiesAcquired>
      <paymentDate>01/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>02/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>599</amountOfSecuritiesAcquired>
      <paymentDate>02/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>594</amountOfSecuritiesAcquired>
      <paymentDate>03/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>04/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>615</amountOfSecuritiesAcquired>
      <paymentDate>04/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>608</amountOfSecuritiesAcquired>
      <paymentDate>05/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>608</amountOfSecuritiesAcquired>
      <paymentDate>06/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>608</amountOfSecuritiesAcquired>
      <paymentDate>07/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/15/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Executive Stock Purchase Plan</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>American Healthcare REIT Inc</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4013</amountOfSecuritiesAcquired>
      <paymentDate>08/15/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/09/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Gift</natureOfAcquisitionTransaction>
      <isGiftTransaction>Y</isGiftTransaction>
      <donarAcquiredDate>08/09/2023</donarAcquiredDate>
      <amountOfSecuritiesAcquired>5762</amountOfSecuritiesAcquired>
      <natureOfPayment>NA</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Jeffrey T Hanson</name>
        <address>
          <com:street1>18191 Von Karman Ave Suite 300</com:street1>
          <com:city>Irvine</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>92612</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>11/10/2025</saleDate>
      <amountOfSecuritiesSold>20010</amountOfSecuritiesSold>
      <grossProceeds>994105</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>12/22/2025</noticeDate>
      <signature>Jeffrey Hanson</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
