Welcome to our dedicated page for National Health Investors news (Ticker: NHI), a resource for investors and traders seeking the latest updates and insights on National Health Investors stock.
National Health Investors, Inc. (NYSE: NHI) is a self-managed real estate investment trust focused on senior housing and medical facility investments, and its news flow reflects this specialized role in healthcare real estate finance. Incorporated in 1991, the company concentrates on sale-leasebacks, joint ventures, senior housing operating partnerships, and mortgage and mezzanine financing for need-driven and discretionary senior housing and medical properties.
The NHI news stream frequently covers investment activity and pipeline updates, including acquisitions of assisted living and memory care communities, independent living facilities, and retirement communities, as well as mortgage loans secured by senior housing properties. Press releases often detail transaction structures, such as triple-net master leases, SHOP segment acquisitions, and loans with purchase options, along with initial yields or interest rates and lease terms.
Investors can also expect earnings announcements and guidance updates, where NHI reports net income attributable to common stockholders, NAREIT FFO, normalized FFO, and normalized FAD, and provides annual guidance ranges with underlying assumptions about investment volume, SHOP performance, rent collections, and capital deployment. These releases may describe changes in rental income, resident fees and services, interest income, and credit loss reserves, as well as updates on at-the-market equity programs and leverage metrics.
Additional NHI news items include dividend declarations, investor presentations and webcasts, pricing and completion of senior notes offerings, and selected tenant and lease developments, such as transitions of properties into the SHOP segment or notices of non-compliance under master leases. For readers tracking NHI stock and the senior housing REIT space, this page offers a centralized view of the company’s operational, financing, and portfolio developments over time.
National Health Investors (NYSE:NHI) has invested $63.5 million to acquire a portfolio of six memory care communities in Nebraska, operated by Agemark Senior Living under the CountryHouse brand. The acquisition includes 205 units and features a master lease with a 15-year maturity and two five-year renewal options at an initial yield of 8.0% plus annual fixed escalators.
The CountryHouse communities, established in 1997, specialize in providing personalized memory care services. Both companies expressed enthusiasm about the partnership, with NHI's CEO Eric Mendelsohn highlighting Agemark's leadership in memory care, while Agemark's Managing Partner Michael Pittore emphasized the strategic alignment between both organizations.
National Health Investors (NYSE:NHI) has appointed Robert W. Chapin, Jr. to its Board of Directors, effective immediately. Chapin will serve on the Board's special committee of disinterested directors to negotiate potential lease agreements with NHC and explore alternatives.
Chapin brings over three decades of experience in private equity and real estate investment. He currently serves as executive chairman of Channel Marker Advisors and is a voting member of Bridge Investment Group's senior housing funds investment committee. His previous roles include founder and CEO of Bridge Seniors Housing Fund Manager (2013-2023) and founding member of CNL Retirement Properties.
He serves on the board of Apollo Diversified Real Estate Funds and various healthcare and senior housing industry organizations. Chapin holds a BBA from Appalachian State University and completed MBA coursework at Crummer Graduate School of Business, Rollins College.
National Health Investors (NYSE:NHI) has announced a $46.3 million investment to acquire Juniper Village at Paramus, a senior housing community in Bergen County, NJ. The property features 98 assisted living units and 22 memory care units, operated by Juniper Communities since February 2021.
The acquisition agreement includes a 15-year lease with two five-year renewal options at an initial yield of 7.95% plus annual fixed escalators. The facility is operated by Juniper Communities, which manages 28 senior housing communities across five states.
National Health Investors (NYSE:NHI) has declared its first quarter dividend for 2025. The company will distribute $0.90 per common share to stockholders of record as of March 31, 2025, with the payment scheduled for May 2, 2025.
National Health Investors (NYSE:NHI) announced the release of an investor update on February 25, 2025. The company has made the update available through their investor relations website under the Presentations and Webcasts section at nhireit.com.
National Health Investors (NYSE:NHI) reported strong Q4 2024 results with net income per diluted share of $0.95, up from $0.74 year-over-year. The company's NAREIT FFO reached $1.24 per share, while Normalized FFO was $1.12 per share.
Key Q4 highlights include:
- Rental income increased 8.3% ($5.1 million)
- SHOP segment NOI grew 12.5% to $3.2 million
- Completed $237.5 million in new investments during 2024
- Acquired 10 assisted living facilities in North Carolina for $121 million
For 2025, NHI provides guidance of:
- NAREIT FFO: $4.59-$4.66 per share
- Normalized FFO: $4.59-$4.66 per share
- Normalized FAD: $219.8-$223.6 million
The company maintains a strong balance sheet with $1.1 billion in net debt and $331.2 million outstanding on its $700 million revolving credit facility.
National Health Investors (NYSE:NHI) announced the retirement of Robert Webb from its Board of Directors, effective immediately. Webb served on the board for over 34 years since the company's inception in 1991. During his tenure, NHI expanded its healthcare real estate investment and senior housing operating portfolios to exceed $3.0 billion in total gross investments, spanning more than 200 healthcare real estate properties, mortgages, and other notes receivable.
Eric Mendelsohn, NHI President and CEO, acknowledged Webb's instrumental role in the company's growth and extended well wishes for his retirement.
National Health Investors (NYSE:NHI) has announced its schedule for the release of fourth quarter 2024 financial results. The company will release its earnings report after market close on Tuesday, February 25, 2025. Following the release, NHI will host a conference call on Wednesday, February 26, 2025, at 11:00 a.m. Eastern Time to discuss the results.
Investors can join the interactive teleconference by calling (888) 506-0062 with access code 664117. A live broadcast of the conference call will be available online at www.nhireit.com and through a dedicated webcast link. An online replay will be accessible shortly after the call and remain available for one year.
National Health Investors (NYSE:NHI) announced the passing of Joe Wakham, Jr., a 16-year veteran of the company. Wakham served as Controller and Vice President, having joined NHI as an accountant in 2009. Throughout his tenure, he made significant contributions, including developing NHI's supplemental report and leading early IT projects. He was promoted to Assistant Controller in November 2019 and became Controller and Vice President in June 2020.
Beyond his professional role, Wakham was actively involved in community service, serving as an Elder at the North Boulevard Church of Christ and President of BoroDash, a Murfreesboro charitable event.
National Health Investors (NYSE:NHI) announced significant corporate governance changes. Robert A. McCabe, Jr. was appointed as Board Chair following W. Andrew Adams' retirement, while Candice W. Todd joined the Board and will chair the Audit Committee. CEO D. Eric Mendelsohn was named Vice-Chair of the Board.
The company implemented several measures to enhance accountability and transparency, including: appointing Tracy M.J. Colden as Chair of the Nominating Committee, planning to propose removal of the classified board structure at the 2025 annual meeting, creating a Special Committee for master lease negotiations, and establishing an ESG Committee with plans to publish its first sustainability report in Q1 2025.
Since 2020, the Board has expanded from four to eight directors, increasing female representation from 0% to 37.5%. The average Board tenure decreased from 21 to 11 years, while maintaining an average age of approximately 70 years.