Operator

Hello, everyone. Thank you for joining us, and welcome to the American Healthcare REIT Q1 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Alan Peterson, Vice President of Investor Relations and Finance. Alan, please go ahead.

Alan Peterson

Good morning. Thank you for joining us for American Healthcare REIT's First Quarter 2026 Earnings Conference Call. With me today are Jeff Hanson, Chairman and Interim CEO and President; Gabe Willhite, Chief Operating Officer; Stefan Oh, Chief Investment Officer; and Brian Peay, Chief Financial Officer. On today's call Jeff, Gabe, Stefan and Brian will provide high-level commentary discussing our operational results financial position, our increased 2026 guidance and other recent news relating to American Healthcare REIT. Following these remarks, we will conduct a question-and-answer session.

Please be advised that this call will include forward-looking statements. All statements made during this call other than statements of historical fact are forward-looking statements that are subject to numerous risks and uncertainties that could cause actual results to differ materially from those projected in these statements. Therefore, you should exercise caution in interpreting and relying