National Healthcare Corporation (NYSE American: NHC), a national leader in senior care, announces that it has completed the acquisition of the real estate of thirty-two skilled nursing facilities and three independent living facilities from National Health Investors, Inc. and its affiliates (“NHI”) for a $560 million purchase price. NHC, through affiliates, had been leasing and operating these facilities under a Master Agreement to Lease with NHI originally entered into in 1991. The real estate where these facilities are located is in Alabama, Florida, Kentucky, Missouri, South Carolina, Tennessee, and Virginia. NHC currently operates and will continue to operate all of these facilities, except four Florida skilled nursing facilities.
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Source: https://www.businesswire.com/news/home/20260701143198/en/NHC-Completes-Acquisition-of-Thirty-Five-NHI-Facilities