In the latest quarterly filing dated May 22, 2026, Selectis Health announced the resignation of its CEO and CFO, replaced by Krystal Eckhart, a seasoned healthcare finance executive. Concurrently, the company completed the sale of two skilled nursing facilities in Georgia, signaling a strategic portfolio recalibration. Since 2019, Selectis shifted from leasing to an integrated owner-operator model in senior housing and post-acute care, balancing control over operations with increased execution risks. Its diversified portfolio across the southern U.S., combined with conservative financing policies, underpins a cautious but growth-oriented approach amid competitive pressures from larger REITs and regulatory complexities. Key risks include occupancy volatility, regulatory reimbursement changes, and tenant financial stability. The near-term focus lies on governance stabilization and effective deployment of proceeds from recent dispositions.