National Health Investors, Inc. (NYSE:NHI) announces that it has invested $89.2 million, including transaction costs, in four separate transactions at an average initial yield of 8.20%. The investments include the following: $52.1 million, including transaction costs, for the acquisition of a 107-unit assisted living and memory care community in Jamison, PA, $7.0 million, including transaction costs, for the acquisition of a 56-unit assisted living and memory care community in Anniston, AL, $18.8 million funded for a mortgage note receivable secured by a 94-unit assisted living and memory care community in Mount Pleasant, SC, and $11.3 million funded for a mortgage note receivable secured by a 141-unit independent living facility in Wichita Falls, TX.
Read the full article: NHI Announces $89.2M in Investments and Updates Pipeline //
Source: https://www.accessnewswire.com/newsroom/en/healthcare-and-pharmaceutical/nhi-announces-89.2-million-in-investments-and-updates-pipeline-1119271