National Health Investors Makes $26.3 Million Skilled Nursing Acquisition

National Health Investors, Inc. (NYSE: NHI) announced today that it will acquire a total of 254 skilled nursing beds in two Texas facilities for $26.3 million.  The facilities, each less than two years old, are located in Canton and Corinth, Texas.  “These two newly-constructed, strong-performing assets are a great fit for NHI’s diversified portfolio,” said […]

NHC Buys 6 Senior Care Centers from NHI for $21 Million

National HealthCare Corporation (NYSE MKT:NHC) recently acquired six skilled healthcare centers from National Health Investors (NYSE:NHI) for $21 million in a transaction that closed on Dec. 31, 2012. The senior care centers are located in Columbia, Knoxville, and Springfield, Tenn., Madisonville, Ky., and Rossville, Ga. and have been leased by NHC since 1991. The portfolio […]

NHI and Bickford Senior Living Form 10-Property RIDEA Partnership

Healthcare real estate investment trust National Health Investors, Inc. (NYSE:NHI) has entered an agreement with operator Bickford Senior Living to combine their ownership in the real estate and operating assets of 10 stabilized assisted living and memory care communities. The deal is expected to close by the end of 2012’s third quarter. NHI will contribute […]

Investors Riding Wave of Interest in Senior Housing, REITs Driving M&A

In the wake of Sunrise Senior Living (NYSE:SRZ) agreeing to be bought by Health Care REIT (NYSE:HCN), senior living investors are riding a wave of interest in the industry as boosted stock prices reflect favorable occupancy trends and payment rates along with other factors, according to the Tenneseean.com.  The senior living industry—including independent living, assisted […]

NHI Acquires Wash. Senior Living Community for $25.2 Million, Plans Expansion & Renovation

National Health Investors, Inc. (NYSE:NHI) announced on Wednesday that it had acquired a senior living community in Silverdale, Wash. for $25.2 million. The healthcare real estate investment trust funded the purchase with borrowings on its revolving credit facility. The transaction is expected to close later this week upon final licensing approval.  The 138-unit community provides independent […]

NHI to Purchase Texas Skilled Nursing Facility for $13.4 Million

Healthcare real estate investment trust National Health Investors, Inc. (NYSE:NHI) announced on Tuesday it has exercised an option to purchase and lease a new, stabilized skilled nursing facility located in Texas for a purchase price of $13.4 million. The facility opened at the end of 2010 with 125 beds and is operated by affiliates of […]