Skilled Nursing News August 7, 2024
Looking ahead, leaders at National Health Investors Inc. (NYSE: NHI) are excited about recent investment activity and a growing pipeline of $270 million. The real estate investment trust (REIT) is pursuing several large portfolio deals, along with fee-simple real estate, loans with purchase options and seniors housing opportunities.
The Murfreesboro, Tenn.-based company has spent multiple years positioning itself to return to the level of acquisition growth it experienced prior to the pandemic, NHI CEO Eric Mendelsohn said during an earnings conference call on Wednesday.
“With ample dry powder and improved cost of capital and more realistic seller expectations, we expect that external investment activity will be a significant driver of cash flow growth in the foreseeable future,” he said.
NHI...
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