National Healthcare completes $560 million acquisition of 35 NHI senior care facilities

National HealthCare Corporation

National HealthCare Corporation

NHC

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  • National Healthcare acquired real estate for 35 NHI senior housing facilities for USD 560 million, shifting from a long-running lease structure.
  • Portfolio includes 32 skilled nursing facilities, three independent living facilities across seven states in the Southeast and Midwest.
  • NHC will keep operating the facilities, except four Florida skilled nursing sites that remain leased to a third-party operator.
  • Management expects the deal to be accretive to earnings and cash flow, citing greater operational control and long-term returns.


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