American Healthcare REIT Inc., a non-traded real estate investment trust formerly known as Griffin-American Healthcare REIT IV Inc., has promoted Gabriel Willhite to chief operating officer.
Willhite replaces Mathieu Streiff, a co-founder of American Healthcare Investors, will continue with the company as an executive vice president for the remainder of 2022 before stepping down as an executive of American Healthcare REIT on January 1, 2023. He will continue as a member of the company’s board of directors.
Willhite has been involved with the company since its inception, having joined American Healthcare Investors, the company’s former sponsor and one of the entities that comprised the tri-party transaction that formed American Healthcare REIT.
In 2016, Willhite served as senior vice president, assistant general counsel before being named executive vice president, general counsel in 2020, and was subsequently appointed to executive vice president, general counsel of the newly formed American Healthcare REIT in 2021.
He has been involved in the management and oversight of the company’s largest investments and transactions, including serving on the board of Trilogy Investors since 2020 and negotiating the transaction that formed American Healthcare REIT in 2021, the company said in a statement.
Prior to his involvement with the company, Willhite served as legal counsel for Sabal Financial Group L.P., where he was responsible for overseeing portfolio acquisitions, financings, joint ventures, dispositions and strategic workout transactions. He previously worked as an associate in the transactional practice group of Greenberg Traurig, LLP.
“Over the past six years, Gabe has consistently displayed a keen acumen for navigating complex transactional and operational matters for the company, making him an invaluable member of our executive management team,” said Danny Prosky, president and chief executive officer. “He combines a skill set that encompasses healthcare real estate operations, real estate transactions and legal judgment that makes him an important member of our management team and central to our effort to drive ever-greater value to our stockholders and other key partners.”
Willhite holds a bachelor’s degree in political science and communication from the University of Southern California, and a juris doctorate from the University of Minnesota Law School. He is a member of the California State Bar Association.
American Healthcare REIT, Inc., a self-managed, publicly registered, healthcare real estate investment trust, owns and manages a portfolio of healthcare real estate assets totaling approximately 19.5 million square feet as of March 31, 2022, with a gross investment value of approximately $4.2 billion.
As of March 31, 2022, the REIT’s portfolio includes 313 buildings comprised of medical office buildings, senior housing communities, skilled nursing facilities, and other real estate-related investments across 36 states and the United Kingdom.
In October 2021, the company completed a merger with affiliated REIT, Griffin-American Healthcare REIT III Inc. In conjunction with the merger, American Healthcare REIT became self-managed following the acquisition of American Healthcare Investors, the co-sponsor of both REITs.