Business
NHI Announces $105.5 Million SHOP Investment
MURFREESBORO, TN / ACCESS Newswire / February 2, 2026 / National Health Investors, Inc. (NYSE:NHI) announced today that it invested $105.5 million, including transaction costs, for the acquisition of nine properties with 460 units in Kentucky, South ...
About this update from National Health Investors, Inc.
[{"type":"text","content":"MURFREESBORO, TN / ACCESS Newswire / February 2, 2026 / National Health Investors, Inc. (NYSE:NHI) announced today that it invested $105.5 million, including transaction costs, for the acquisition of nine properties with 460 units in Kentucky, South Carolina and Tennessee. NHI expects to make an additional investment of $3.3 million during the first year.","length":357,"tagName":"p"},{"type":"text","content":"The properties and healthcare operations will be included in NHI's Senior Housing Operating Portfolio ("SHOP") segment and will be managed by Allegro Living Management, an affiliate of Spring Arbor Management which is an existing relationship for NHI with a total investment of approximately $227 million. The communities are expected to generate an initial NOI yield of approximately 8.0% and 7.6% after routine capital expenditures.","length":448,"tagName":"p"},{"type":"text","content":"Investment Activity and Pipeline","length":32,"tagName":"p"},{"type":"text","content":"NHI currently has approximately $108.5 million in signed letters of intent at an average expected NOI yield of approximately 7.5% and primarily structured as SHOP investments. In addition, NHI is evaluating an incremental investment pipeline of approximately $250 million in senior housing investments excluding large portfolio deals.","length":334,"tagName":"p"},{"type":"text","content":"About National Health Investors, Inc.","length":37,"tagName":"p"},{"type":"text","content":"National Health Investors, Inc. (NYSE:NHI), established in 1991, is a self-managed real estate investment trust specializing in sale-leaseback, joint venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical facility investments. NHI operates in two reportable segments: Real Estate Investments and Senior Housing Operating Portfolio ("SHOP"). NHI's portfolio consists of independent living facilities, assisted living and memory care communities, entrance-fee retirement communities, senior living campuses, skilled nursing facilities and specialty hospitals. For more information, visit www.nhireit.com.","length":663,"tagName":"p"},{"type":"text","content":"This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities...