Skilled Nursing News May 7, 2024
Executives for National Health Investors, Inc. (NYSE: NHI) said Tuesday that they are starting to see more deal activity and an increased volume of new inquiries in the last several months.
“We’re looking at opportunities across the continuum of senior housing and skilled nursing, and across multiple products including loan, lease, and joint venture opportunities,” Chief Investment Officer Kevin Pascoe said during the company’s first quarter earnings call. “We currently have submitted LOIs on deals valued at more than $100 million, with yields of more than 8% on average.
Though most opportunities are primarily senior housing focused, there were some updates to the skilled nursing portfolio.
“We had another strong quarter with positive year-over-year adjusted NOI growth in the...