NHI Completes Purchase of 25 Holiday Senior Living Properties for $491 Million

National Health Investors (NYSE: NHI) today completed the previously announced purchase of 25 former Holiday Retirement properties from Holiday Acquisition Holdings for a total of $491 million plus transaction costs.  NHI initially announced the acquisition in November, following an announcement by Newcastle Investment Corp. (NYSE: NCT) that it would acquire a 52-property portfolio of senior housing […]

NHI Acquires Two ALFs for $9 Million in Sale/Leaseback Transaction

National Health Investors, Inc. (NYSE:NHI) recently acquired two assisted living communities for $9 million from Milestone Retirement Communities, LLC in a sale/leaseback transaction. The two properties have a total of 101 units and are located in Ontario, Ore. and Weiser, Ida.  Milestone will lease and continue to operate the communities. The lease has an initial […]

NHI Acquires Calif. Senior Living Community for $12 Million

National Health Investors, Inc. (NYSE:NHI) recently announced the $12 million acquisition of a 181-unit senior living campus in Loma Linda, Calif. The community has 98 independent living units and 83 skilled nursing beds. The transaction was funded from available cash and from borrowings on NHI’s revolving credit facility. Chancellor Health Care, LLC, will lease and […]