NATIONAL HEALTH INVESTORS, INC. (NYSE:NHI) Files An 8-K Other Events
Item 8.01 Other Events.
On December 21, 2018, National Health Investors issued a press release announcing it has agreed to lend up to $180 million to recapitalize and finance the expansion of Sagewood, a 567-unit Continuing Care Retirement Community (“CCRC”) in Phoenix, Arizona. The borrower is LCS-Westminster Partnership IV, LLP, a joint venture between Westminster Capital and LCS. At closing, NHI funded $86.8 million of this commitment. The Press Release is attached in its entirety as Exhibit 99.1 to this Current Report on Form 8-K and is also incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
NATIONAL HEALTH INVESTORS INC Exhibit
EX-99.1 2 ex99-8kx1218x01.htm EXHIBIT 99.1 PRESS RELEASE Exhibit Exhibit 99.1Contact: Roger Hopkins,…
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About NATIONAL HEALTH INVESTORS, INC. (NYSE:NHI)
National Health Investors, Inc. is a self-managed real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company is engaged in the business of owning and financing healthcare properties. Its portfolio consists of real estate investments in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities, specialty hospitals and medical office buildings. Its other investments include mortgages and notes, and marketable securities. It has investments in real estate and mortgage, and other notes receivable involving approximately 190 facilities located in over 30 states. These investments involve approximately 120 senior housing properties, over 70 skilled nursing facilities, approximately three hospitals, over two medical office buildings and other notes receivable.