National Health Investors Grapples With Lingering Operator Issues, With $350M Investment Pipeline Ahead

National Health Investors (NYSE: NHI) is working through lingering trouble with one of its operating partners as it keeps its eye on future investments.  In October, the Murfreesboro, Tennessee-based real estate investment trust (REIT) transitioned four communities from Senior Living Management (SLM) to other operators after SLM “raised doubts about [its] ability to sustain its […]

NHI to Acquire 10 Spring Arbor Communities for $121M in Largest Deal Since 2020

In its largest transaction in four years, National Health Investors (NYSE: NHI) has acquired a portfolio of communities in North Carolina for $121 million. The portfolio of communities includes 10 assisted living and memory care communities totaling 522 units. The communities are on a 15-year master lease with two five-year renewal options built in. Current […]

NHI CEO: Our Growing Investment Pipeline Will Fuel Years of ‘Exceptional Growth’

A more favorable cost of capital and a more narrow bid-ask spread in deals has National Health Investors (NYSE: NHI) preparing to ramp up investments this year. NHI has spent much of 2024 preparing for new growth, and CEO Eric Mendelsohn said the Murfreesboro, Tennessee-based company expects that “external investment activity will be a significant […]

NHI Continues SHOP Momentum With ‘Plenty of Dry Powder’ for New Investments in 2024

National Health Investors (NYSE: NHI) is continuing to build on momentum gained through stronger results for its senior housing operating portfolio, with an eye toward more growth in 2024.  Occupancy for the Murfreesboro, Tennessee-based real estate investment trust’s (REIT’s) 15-property SHOP segment has ticked up in recent quarters, ending March at an average rate of […]

NHI Expects to Accelerate Growth in 2024, Investment Outlook Remains ‘Very Favorable’

It’s shaping up to be an active investment year in 2024 for companies like National Health Investors (NYSE: NHI), according to CEO Eric Mendelsohn. Though the company did not announce sizable new investments or outline a granular strategy for the year ahead, Mendelsohn noted that the company’s leaders are growing “more optimistic” about its investment […]

Top Senior Housing Trends for 2024

A new year always brings new challenges and opportunities. In 2024, the senior living industry will have plenty of both. The senior living sector endured a hard year in 2023, starting with multiple stories of operators shutting down or in distress, and ending with assisted living being slammed in the recent Washington Post series. But […]

Why Senior Living Market Conditions Put REITs in the Driver’s Seat for 2024

This content is available as part of your SHN+ subscription We might be entering a golden age for senior housing REITs, judging by what the top leaders of Welltower (NYSE: WELL) and Ventas (NYSE: VTR) had to say during their companies’ most recent earnings calls. The senior living industry is entering a new period of […]

NHI Amends Discovery Lease in Quest to Maximize Senior Living Performance 

National Health Investors (NYSE: NHI) is continuing to tweak its relationships with operating partners to better maximize its senior housing results, and the company’s top leader said he is “gaining confidence” that a runway for new growth is within reach. The senior living operators in Murfreesboro, Tennessee-based NHI’s senior housing operating portfolio (SHOP) have had […]

NHI Grapples With Lingering Tenant Troubles With Eye on Future SHOP Growth

National Health Investors (NHI) is capitalizing on timely transactions, even as persistent challenges with some tenants continue to weigh on the company’s balance sheet. That said, management of the Murfreesboro, Tenn.-based real estate investment trust (REIT) said they see plenty of future upside in senior living, even with a potentially bumpy road ahead still left […]

NHI Off to ‘Great Start’ in Q1 Despite Tempered Expectations for New SHOP Segment

National Health Investors (NYSE: NHI) started the year strong with a relatively muted rate of new rent deferrals and limited rent concessions and deferral payments, according to CEO Eric Mendelsohn. That said, the company still has some soft spots in need of improvement, namely its burgeoning senior housing operating (SHOP) segment, which saw continued pressure […]