Skilled Nursing News October 11, 2024
NHI acquired a $121.3 million long-term care portfolio, while a regional operator received $59.25M in financing for three skilled nursing facilities (SNFs) in Illinois.
NHI Acquires $121.3M Portfolio
National Health Investors (NYSE: NHI) announced Thursday that it is purchasing a portfolio of 10 assisted living and memory care communities in North Carolina for $121.3 million. This acquisition is being touted by the real estate investment trust (REIT) as its largest since 2020.
At one time, NHI’s entire investment exposure consisted of skilled nursing, which comprises 30% of NHI’s holdings today.
The Murfreesboro, TN-based REIT portfolio is currently made up of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.
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