National Health Investors, Inc. (NYSE:NHI) has invested $105.5 million, including transaction costs, to acquire nine senior housing properties with 460 units located in Kentucky, South Carolina, and Tennessee. An additional investment of $3.3 million is expected during the first year. The properties will be managed by Allegro Living Management and included in NHI's Senior Housing Operating Portfolio $(SHOP)$ segment. The communities are projected to generate an initial net operating income (NOI) yield of approximately 8.0%, and 7.6% after routine capital expenditures. NHI currently has about $108.5 million in signed letters of intent for additional SHOP investments and is evaluating a further investment pipeline of approximately $250 million in senior housing assets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Health Investors Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1132200) on February 02, 2026, and is solely responsible for the information contained therein.