Dana Hamley
Host, Investor Relations
Replay available
National Health Investors, Inc. (NYSE: NHI) Q1 2026 earnings conference call, held 2026-05-05. Replay captured from the company's public earnings webcast.

Host, Investor Relations
President and CEO
Chief Investment Officer
Chief Financial Officer
Analyst, Bank of America
Analyst, BMO Capital Markets
Analyst, KeyBank Capital Markets
Analyst, Cantor Fitzgerald
Analyst, Deutsche Bank
Good day, everyone. Welcome to the NHI First Quarter 2026 Earnings Webcast and Conference Call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Dana Hamley. The floor is yours. Thank you, and welcome to the National Health Investors Conference Call to review results for the first quarter of 2026. On the call today are Eric Mendelson, President and CEO, Kevin Pascoe, Chief Investment Officer, John Spade, Chief Financial Officer, and David Travis, Chief Accounting Officer. The results, as well as notice of the accessibility of this conference call, were released after the market closed yesterday in a press release that's been covered by the financial media. Any statements in this conference call which are not historical facts are forward-looking statements. NHI cautions investors that any forward-looking statement may involve risks or uncertainties and are not guarantees of future performance. All forward-looking statements represent NHI's judgment as of the date of this conference call. Investors are urged to carefully review various disclosures made by NHI and its periodic reports filed with the Securities and Exchange Commission, including the risk factors and other information disclosed in NHI's Form 10-K for the year ended December 31, 2025, and Form 10-Q for the quarter ended March 31, 2026. Copies of these filings are available on the SEC's website at sec.gov or on NHI's website at nhireet.com. In addition, certain terms used in this call are non-GAAP financial measures, reconciliations of which are provided in NHI's earnings release and related tables and schedules, which have been furnished on Form...