American Healthcare REIT has appointed Aric Chang as Chief Financial Officer, effective October 1, 2026, bringing in a real estate finance executive who has overseen approximately $16 billion of capital deployment at Public Storage.
Chang succeeds Brian Peay, who is retiring following 10 years as CFO. Peay will remain in the role through September 30 to support the transition.
Chang joins American Healthcare REIT from S&P 500 company Public Storage, where he serves as Chief Financial Officer, Real Estate.
At Public Storage, Chang leads real estate and corporate finance, financial planning and analysis, investment underwriting and real estate data analytics.
During his tenure, he has overseen approximately $16 billion across acquisitions, development, lending and M&A.
His real estate career spans more than two decades across public REITs, private equity, investment management and research.
Before Public Storage, Chang held senior roles at Rexford Industrial and Rouse Properties. At Rouse, he managed corporate finance and debt restructuring before the company’s acquisition by Brookfield.
Earlier, he worked in REIT research at Green Street Advisors and Oak Hill REIT Management.
Chang also spent seven years at J.P. Morgan Asset Management, where he was an Executive Director and member of the real estate investment committee for a platform with more than $80 billion of real estate assets under management.
At AHR, Chang will lead a finance organization supporting the REIT’s senior housing, skilled nursing and outpatient medical building portfolio across the U.S., U.K. and Isle of Man.
He will work with an established finance leadership team that includes Kenny Lin, Executive Vice President, Deputy CFO and Chief Accounting Officer; Charlynn H. Diapo, Senior Vice President, Accounting & Finance; and Alan Peterson, Vice President, Investor Relations & Finance.
KEY QUOTES:
“AHR is building a company where disciplined capital allocation, leading senior housing operating capabilities, strategic asset management and a modern data and technology platform reinforce one another to drive better resident care outcomes, leading to sustainable growth and long-term value creation. Aric’s combination of public company finance, investment and operating partner experience makes him exceptionally well suited to advance that strategy, and we are delighted to welcome him to AHR.”
“Brian has played an important role in AHR’s growth and evolution, and he leaves the Company in a position of strength, with a solid financial foundation for the opportunities ahead. On behalf of the Board of Directors and the entire Company, I want to thank Brian for his service, leadership and partnership to AHR, and we wish him and his family the very best in retirement.”
Jeff Hanson, Chairman and Chief Executive Officer of American Healthcare REIT
“The next phase of AHR’s value creation requires continued exceptional capital allocation, a rigorous capital markets strategy and a finance organization poised to support growth across market cycles. Aric brings all of those capabilities, together with a depth of investment and operating partner experience that is particularly relevant to our business model. His appointment reflects the caliber of leadership we are building across AHR as we position the Company for its next decade of growth and performance.”
Gabe Willhite, President and Chief Operating Officer of American Healthcare REIT
“I am excited to join AHR at a pivotal point in the Company’s evolution. AHR has built a differentiated healthcare real estate platform with meaningful scale and a strong operating foundation, positioning the Company for compounding value creation. I look forward to working with Jeff, Gabe, the Board and the broader leadership team to further strengthen the Company’s financial and capital allocation capabilities, support disciplined growth and enable AHR to create durable shareholder value.”
Aric Chang, Incoming Chief Financial Officer of American Healthcare REIT
