National Healthcare Properties, Inc. (NHPAP) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the fourth quarter and full year 2025 webcast for National Healthcare Properties, Inc. All participants will be in listen-only mode. Please note this event is being recorded. Also note that certain statements and assumptions in this webcast presentation, which are not historical facts, will be forward-looking and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain assumptions and risk factors, which could cause the company's actual results to differ materially from the forward-looking statement. The company refers you to its SEC filings, including its most recent form 10-K, for a detailed discussion of the risk factors that could cause these differences and impacts in its business. During today's call, the company will also discuss certain non-GAAP financial measures. These measures should not be considered in isolation or as a substitution for the financial results prepared in accordance with GAAP. The company will provide a reconciliation of these measures to the most directly comparable GAAP measure as part of its fourth quarter 2025 earnings supplemental on its website at www.nhpreit.com. You may submit questions during today's webcast by typing them in the box on the screen and a member of the company's investor relations team will follow up upon the conclusion of this presentation. Please note that a copy of this presentation and replay of the webcast will be available on the company's website later today. I would now like to turn the call over to Michael Anderson, Chief Executive Officer and President, and Drew Babin, Chief Financial Officer and Treasurer. Please go ahead, Michael. Good afternoon, and thank you for joining us today. 202...