National Health Investors Acquires Four Senior Housing Properties for $74.3 Million
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National Health Investors Inc. (NYSE:NHI) has acquired four senior housing properties for $74.3 million, totaling 344 units in Oklahoma and Oregon. The properties will be managed by Compass Senior Living and added to NHI’s Senior Housing Operating Portfolio. The acquisition was partially funded by canceling a $9.5 million mortgage loan, with an expected initial yield of approximately 7.5% after routine capital expenditures.
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