Brian Peay serves as executive vice president and chief financial officer of American Healthcare REIT. He previously served in the same capacity with American Healthcare Investors, LLC, Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV. The merger of those REITs and the business and operations of American Healthcare Investors formed American Healthcare REIT in October 2021. He oversees all financial matters on behalf of the company, leading a team of approximately 70 experienced accounting professionals, all of whom have specialized experience in healthcare-related commercial real estate investment.
Peay previously served as the chief financial officer of Veritas Investments, Inc., a private real estate investment management company with more than $2 billion of assets under management. Prior to joining Veritas, Peay served in a series of management positions with Glenborough, LLC, a formerly New York Stock Exchange-listed REIT, ultimately as executive vice president and chief financial officer. During his 15-year career with Glenborough, Peay was a member of a four-person executive management committee responsible for the strategic direction of the company, including the raising of approximately $450 million in common stock offerings and another $300 million in a convertible preferred stock issuance, as well as $2.5 billion in new and replacement acquisition financing. He also played an integral role in the sale of the formerly publicly traded real estate investment trust to Morgan Stanley Real Estate Fund. The sale resulted in a compounded annual total return in excess of 16 percent, or more than 5,000 basis points higher than the corresponding REIT index during the same 11-year period during which Glenborough was a public company.Peay began his professional career in 1988 as a manager with accounting firm Kenneth Leventhal & Company, which merged with Ernst & Young in 1995.
He received a bachelor’s degree in business economics from the University of California, Santa Barbara and earned a CPA designation from the state of California, which is currently inactive.