National Healthcare Properties Announces Redemption of All Outstanding Preferred Stock
Rhea-AI Summary
National Healthcare Properties (Nasdaq: NHP) will redeem all outstanding preferred stock, including 3,289,061 shares of 7.375% Series A and 2,850,427 shares of 7.125% Series B, at $25.00 per share plus accrued and unpaid dividends to, but not including, each series’ Redemption Date.
The Series A redemption date is September 4, 2026 and Series B is October 6, 2026. The shares currently trade as NHPAP (Series A) and NHPBP (Series B). Notices of redemption will be sent on August 5, 2026 for Series A and August 7, 2026 for Series B. Holders can obtain procedural details and copies of the notices from Computershare Trust Company, N.A. via phone or email.
Positive
- Full preferred redemption announced for Series A and B at $25.00 per share plus accrued dividends
- Specific redemption dates set for Series A on September 4, 2026 and Series B on October 6, 2026
- Clear communication with scheduled redemption notices to holders on August 5 and August 7, 2026
Negative
- Cash obligation to pay $25.00 per preferred share plus accrued and unpaid dividends on redemption dates
News Explained
National Healthcare Properties has scheduled, but not completed, redemptions of all outstanding Series A and Series B preferred shares, creating an obligation to pay preferred holders
Market reaction after preferred stock redemption: NHPAP +7.92% in the Aug 6 session
In the Aug 6 session, NHPAP gained 7.92%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 10 | Earnings release scheduling | Neutral | -0.4% | Company scheduled release of second-quarter 2026 financial results. |
| Jul 07 | Portfolio transaction updates | Positive | -0.1% | Company announced acquisitions, a community sale, loan repayment, and projected asset yields. |
| Jul 01 | Common dividend declaration | Positive | -1.7% | Company declared a third-quarter 2026 common-stock dividend. |
| Jun 22 | Preferred dividend declaration | Positive | +0.1% | Company declared quarterly dividends for Series A and Series B preferred shares. |
| Jun 22 | Preferred tender results | Neutral | +0.1% | Company accepted Series A and Series B shares in concurrent self-tender offers. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The five prior news events showed mixed reactions, with three negative and two positive 24-hour price changes.
Key Terms
cumulative redeemable perpetual preferred stock financial
cusip financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (the “Company”) (Nasdaq: NHP) announced today that it will redeem all of the outstanding (i) 3,289,061 shares of its
Notices of Redemption for the Series A Preferred Stock and the Series B Preferred Stock will be sent to their respective holders on August 5, 2026 and August 7, 2026, respectively. Additional information related to the procedures for the redemptions, including copies of the Notices of Redemption, may be obtained from Computershare Trust Company, N.A. by calling 888-796-2490 or by emailing web.queries@computershare.com.
About National Healthcare Properties
National Healthcare Properties, Inc. (Nasdaq: NHP) is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing to serve a growing elderly population in the United States. Additional information about the Company can be found on its website at nhpreit.com.
Investor & Media Contact
Email: ir@nhpreit.com
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of terminology such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “seek,” “will,” “may,” “should,” “predict,” “project,” “potential,” “continue” or the negatives of these terms or variations of them or similar expressions. Risks and uncertainties, the occurrence of which could adversely affect the Company’s business and cause actual results to differ materially from those expressed or implied in the forward-looking statements, include, but are not limited to, the following: changes in economic cycles generally and in the real estate and healthcare markets specifically; the success of the Company’s growth strategy, including its ability to successfully identify, complete and integrate new acquisitions; the Company’s ability to complete acquisitions or dispositions on the terms and timing the Company expects, or at all; changes to inflation and interest rates; competition in the real estate and healthcare markets; the Company’s ability to retain certain key personnel; legislative and regulatory changes in the healthcare and real estate industries; reductions or changes in reimbursement from third-party payors, including Medicare and Medicaid; discovery of previously undetected environmentally hazardous conditions; the Company’s ability to pay down, refinance, restructure or extend its indebtedness as it becomes due; system failures, cyber incidents or deficiencies in the Company’s cybersecurity systems; the availability of capital on favorable terms, or at all; the Company’s ability to remain qualified as a real estate investment trust for U.S. federal income tax purposes; and other risks and uncertainties described in the section titled Risk Factors of the Company’s most recent Annual Report on Form 10-K and all other filings with the Securities and Exchange Commission. Finally, the Company assumes no obligation to update or revise any forward-looking statements or to update the reasons why actual results could differ from those projected in any forward-looking statements.
