During the six months ended June 30, 2026, we sold three senior housing communities in our SHOP segment, two properties in our OM&R segment and 10 properties in our NNN segment for aggregate consideration of $52.6 million and recognized $15.2 million in Gain on real estate dispositions in our Consolidated Statements of Income.

In June 2025, an existing tenant exercised a legally binding and non-cancellable option to purchase 12 OM&R properties. This transaction is accounted for as a lease modification resulting in a sales-type lease receivable of $38.5 million and a $20.8 million gain on real estate disposition. The transaction closed and the lease receivable was settled in December 2025.


	As of June 30, 2026					As of December 31, 2025
	Segment Properties Held for Sale	Assets Held for Sale		Liabilities Related to Assets Held for Sale		Segment Properties Held for Sale	Assets Held for Sale		Liabilities Related to Assets Held for Sale
SHOP	7	$	22,802	$	2,127	6	$	20,337	$	2,786
OM&R (1)	1	2,211		365		—	468		130
NNN	1	3,731		92		10	22,188		1,116
Total	9	$	28,744	$	2,584	16	$	42,993	$	4,032

For the three months ended June 30, 2026, we recognized impairments of $32.0 million comprising $28.3 million, $3.3 million and $0.4 million in our SHOP, OM&R and NNN segments, respectively. For the six months ended June 30, 2026, we recognized impairments of $60.3 million comprising $30.7 million, $25.5 million and $4.1 million in our SHOP, OM&R and NNN segments, respectively. For the three months ended June 30, 2025, we recognized impairments of $34.9 million comprising $18.4 million and $16.5 million in our SHOP and OM&R segments, respectively. For the six months ended June 30, 2025, we recognized impairments of $57.2 million comprising $26.0 million, $31.1 million and $0.1 million in our SHOP, OM&R and NNN segments, respectively. The impairments were recorded primarily as a component of Depreciation and amortization in our Consolidated Statements of Income. The impairments were primarily a result of a change in our intent to hold or a change in the expected future cash flows of the impaired assets.