National Healthcare Properties (NHP) reported a Q4 2025 net loss attributable to common stockholders of USD 0.92 per basic and diluted share, with Nareit FFO of USD 0.07 per diluted share (-49.1% YoY) and Normalized FFO of USD 0.20 per diluted share (-12.8% YoY). Q4 revenue from tenants was USD 84.48 million. Same Store Cash NOI grew 9.8% YoY in Q4, led by the SHOP segment at 26.5% and the OMF segment at 1.9%. NHP completed USD 11 million of Q4 dispositions, selling three Non-Core SHOPs and three Non-Core OMFs. For FY 2025, NHP posted a net loss attributable to common stockholders of USD 2.51 per basic and diluted share, while FFO was USD 0.64 per diluted share (up 116.7% YoY) and Normalized FFO was USD 0.83 per diluted share (up 162.7% YoY). FY revenue from tenants was USD 342.28 million. FY Same Store Cash NOI increased 9% YoY, with SHOP up 21.8% and OMF up 2.9%. Full-year dispositions totaled USD 202.5 million, including seven Non-Core SHOPs and 18 Non-Core OMFs. NHP said it saw “exceptional internal growth” in senior housing and steady outpatient medical performance. As of Dec. 31, 2025, total debt outstanding was about USD 1 billion with a weighted average economic interest rate of 5.75% and an average remaining term of 3.9 years; net leverage was 9.2x, improving from 10.3x a year earlier. The company also entered a USD 400 million revolving credit facility and a USD 150 million term loan maturing in December 2028 and used borrowings to pay off a prior USD 330 million secured term loan due in December 2026. NHP declared preferred dividends of USD 0.4609375 per Series A share and USD 0.4453125 per Series B share (paid Jan. 15, 2026).

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 Healthcare Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9658210-en) on February 20, 2026, and is solely responsible for the information contained therein.