On, October 12, 2021 Elliott Investment Management LP urged the Healthcare Real Estate Investment Trust's board to conduct a strategic review to maximize shareholder value, following the departure of CEO and chairman Scott Peters. Further, Elliott Investment stated that, the strategic review must be done to assess all alternative options, which includes the active solicitation of buyout offers, before the REIT appoints a new CEO to lead the business. In Addition, Elliott Investment It also added that a strategic review is needed to address the company's long-term underperformance and an untenable status quo due to its cost-of-capital that makes it uncompetitive.