Business
NHI Announces $74.3 Million SHOP Investment
MURFREESBORO, TN / ACCESS Newswire / October 2, 2025 / National Health Investors, Inc. (NYSE:NHI) announced today that it has invested $74.3 million, including transaction costs, for the acquisition of four properties with 344 units in Oklahoma and ...
About this update from National Health Investors, Inc.
[{"type":"text","content":"MURFREESBORO, TN / ACCESS Newswire / October 2, 2025 / National Health Investors, Inc. (NYSE:NHI) announced today that it has invested $74.3 million, including transaction costs, for the acquisition of four properties with 344 units in Oklahoma and Oregon. The properties and healthcare operations will be included in NHI's Senior Housing Operating Portfolio ("SHOP") segment and will continue to be managed by Compass Senior Living which is an existing relationship for NHI. The purchase price was partially funded by the cancellation of a $9.5 million mortgage loan with an 8.5% interest rate. The communities are expected to generate an initial yield of approximately 7.5% after routine capital expenditures.","length":725,"tagName":"p"},{"type":"text","content":"Eric Mendelsohn, President and CEO commented, "We have been exploring avenues to grow with Compass since our first investment with them last year, so we are thrilled to announce the expansion of this relationship which significantly adds to our SHOP portfolio. Our pipeline activity continues to be strong and focused primarily on senior housing assets supporting growth in the SHOP portfolio."","length":404,"tagName":"p"},{"type":"text","content":"Dennis Garboden, President of Compass Senior Living, said "We've appreciated the opportunity to work with NHI on this transaction, and are excited about the road ahead for these excellent four locations."","length":218,"tagName":"p"},{"type":"text","content":"Investment Activity and Pipeline","length":32,"tagName":"p"},{"type":"text","content":"NHI has completed investments of approximately $249.2 million year-to-date in 2025 at an average initial yield of 8.0%. The Company currently has approximately $132.4 million under signed LOIs at an average yield of approximately 8.1%. In addition, NHI is evaluating an incremental investment pipeline of approximately $278 million excluding large portfolio deals.","length":364,"tagName":"p"},{"type":"text","content":"About National Health Investors","length":31,"tagName":"p"},{"type":"text","content":"Incorporated in 1991, National Health Investors, Inc. (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary seni...