Announced the acquisition of three luxury senior housing communities for an aggregate $425 million, marking the company's entry into the Seniors Housing Operating Property (SHOP) sector. Secured a $100 million delayed-draw convertible perpetual preferred equity investment from Maewyn Capital Partners to fund growth. Reduced the monthly common stock dividend by approximately 36% to $0.16 per share, effective July 2026, to retain cash for strategic acquisitions. Reported Q1 2026 net loss of $0.7 million, or $0.06 per diluted share, compared to net income of $2.1 million in Q1 2025. Reported Q1 2026 Core FFO of $1.11 per share, unchanged from the prior year period. Withdrew 2026 earnings guidance to focus on portfolio transition and long-term value creation.