Senior Housing News February 26, 2025
National Health Investors (NYSE: NHI) is preparing to further grow its senior housing operating portfolio in 2025 after “good momentum” last year.
The Murfreesboro, Tennessee-based real estate investment trust (REIT) will consider “select opportunities” to transition triple-net lease senior housing assets to its senior housing operating portfolio (SHOP), which currently numbers 15 communities.
Included in the company’s 2025 guidance is $225 million of incremental investments, with a $190 million prospective pipeline of future investments.
The company has letters of intent representing investments totaling $152.3 million, primarily sale-leaseback investments and a senior housing loan with a purchase option. The REIT acquired a 109-unit assisted living and memory care community in Montrose, Colorado, for $21.2 million in January.
“We still have the...