National HealthCare Corporation (NYSE American: NHC), a national leader in senior care, announces that its affiliates successfully closed the $50,500,000 purchase of five high-performing skilled nursing facilities. The transaction marks a seamless transition for the portfolio, which has been successfully managed by NHC subsidiaries since 1988. The acquisition gives the Murfreesboro, Tennessee-based company full ownership of the operations and real estate, replacing previous management agreements. The acquisition consists of four facilities located in Tennessee and one in South Carolina with a total capacity of 566 operating beds.
Read the full article: National HealthCare Corporation Acquires Five Skilled Nursing Facilities in Strategic $50.5M Transaction //
Source: https://www.businesswire.com/news/home/20260604477907/en/National-HealthCare-Corporation-Acquires-Five-Skilled-Nursing-Facilities-in-Strategic-%2450500000-Transaction