IRVINE, Calif. — American Healthcare REIT Inc., a self-managed, publicly registered REIT based in Irvine, has appointed Scott Estes to the company’s board of directors.
Estes will serve as one of the company’s independent directors and as a member of the audit committee. Following the appointment of Estes, the company’s board of directors will comprise 10 directors, seven of whom are independent.
Estes served as chief financial officer of Welltower Inc., the largest owner of seniors housing in the country, from March 2006 to October 2017. His 14-year tenure with the company began in 2003 as vice president of finance. Estes was significantly involved in the management of capital allocation in support of Welltower’s rapid growth, with direct oversight of capital markets transactions that raised more than $14 billion of equity capital and $10 billion of unsecured debt capital.
Prior to joining Welltower, Estes served as a senior equity research analyst and vice president with Deutsche Bank Securities, a leading financial services firm, with primary coverage of the healthcare REIT and healthcare services industry sub-sectors.
Additionally, Estes served as a vice president in Bank of America Securities’ equity research department from January 1998 through December 1999, covering the healthcare REIT and seniors housing sectors. He was also an associate analyst and assistant vice president in Morgan Stanley’s equity research department from March 1994 through December 1997, covering the healthcare REIT and healthcare services industry sub-sectors.
Since July 2017, Estes has served as a member of the board of trustees and audit committee chairman of JBG SMITH Properties. Additionally, since June 2018, he has served as an independent director and audit committee chairman of Essential Properties Realty Trust.