--- title: "National Healthcare Pref Share HTIBP 7.125 Perp 10/06/26 B | 8-K: FY2026 Q1 Revenue: USD 86.29 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286319480.md" datetime: "2026-05-13T21:18:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286319480.md) - [en](https://longbridge.com/en/news/286319480.md) - [zh-HK](https://longbridge.com/zh-HK/news/286319480.md) --- # National Healthcare Pref Share HTIBP 7.125 Perp 10/06/26 B | 8-K: FY2026 Q1 Revenue: USD 86.29 M Revenue: As of FY2026 Q1, the actual value is USD 86.29 M. EPS: As of FY2026 Q1, the actual value is USD -0.27. EBIT: As of FY2026 Q1, the actual value is USD 10.47 M. ### Financial Performance and Other Highlights - National Healthcare Properties, Inc. reported a net loss attributable to common stockholders of - $0.27 per basic and diluted share for the first quarter of 2026 . - Nareit defined Funds From Operations (FFO) was $0.31 per diluted share, representing a 121.4% increase year-over-year . - Normalized FFO was $0.26 per diluted share, which is a 100.0% increase year-over-year . - The first quarter portfolio Same Store Cash Net Operating Income (NOI) growth was 12.0% year-over-year . #### Senior Housing Operating Property (SHOP) Segment - SHOP segment Same Store Cash NOI growth was 24.0% year-over-year . - Same Store average occupancy reached 83.8%, an increase of 2.8% year-over-year . - Same Store revenue increased 8.4% year-over-year . - The Same Store Cash NOI Margin totaled 22.1%, expanding by 2.7% year-over-year . - Revenue from tenants for Q1 2026 was $57,631 thousand . - Property operating and maintenance expenses were - $44,868 thousand . - SHOP segment NOI was $12,763 thousand for Q1 2026 . - SHOP segment Cash NOI was $12,757 thousand for Q1 2026 . - Same Store Cash NOI for the SHOP segment was $12,753 thousand for Q1 2026 . #### Outpatient Medical Facility (OMF) Segment - OMF segment Same Store Cash NOI growth was 5.5% year-over-year . - Same Store ending occupancy was 94.0%, an increase of 0.5% year-over-year . - Revenue from tenants for Q1 2026 was $28,654 thousand . - Property operating and maintenance expenses were - $8,050 thousand . - OMF segment NOI was $20,604 thousand for Q1 2026 . - OMF segment Cash NOI was $20,195 thousand for Q1 2026 . - Same Store Cash NOI for the OMF segment was $20,305 thousand for Q1 2026 . ### Transactional Activity - National Healthcare Properties, Inc. entered into an agreement to purchase 13 senior living communities for $64.0 million through a joint venture, expecting to own approximately 98.5% . - The company also agreed to acquire a $26.5 million SHOP in Oregon and a $35.0 million SHOP in Florida . - An agreement was made to sell a portfolio of 86 outpatient medical facilities for approximately $528.2 million, which includes about $278.0 million of secured debt . ### Balance Sheet and Capital - As of March 31, 2026, total debt outstanding, net of discounts and unamortized debt issuance costs, was approximately $1.0 billion . - The weighted average economic interest rate was 5.69%, with an average remaining term of 3.6 years . - Net Leverage improved to 8.6x as of March 31, 2026, from 9.6x as of March 31, 2025 . - A public offering of 44,275,000 shares of Class A common stock raised gross proceeds of $531.3 million, with $186.0 million used to repay outstanding debt on the revolving credit facility . ### Preferred Stock Dividends - Dividends of $0.4609375 per share on 7.375% Series A Preferred Stock and $0.4453125 per share on 7.125% Series B Preferred Stock were declared on March 26, 2026, and paid on April 15, 2026 . ### Full Year 2026 Guidance National Healthcare Properties, Inc. anticipates SHOP Same Store Cash NOI growth of 13.0% to 16.0% and OMF Same Store Cash NOI growth of 2.5% to 3.5% for the full year 2026 . The company expects acquisitions to range from $375 million to $425 million and dispositions to be approximately $528 million . General and administrative expenses are projected to be between $26 million and $27 million, including $5 million to $6 million in equity-based compensation, with Recurring Capital Expenditures estimated at $22 million to $25 million . ### Related Stocks - [NHPBP.US](https://longbridge.com/en/quote/NHPBP.US.md) ## Related News & Research - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md) - [Auburn National Bancorporation declares $0.27 quarterly dividend payable June 25](https://longbridge.com/en/news/286281680.md) - [Lipocine to Present at A.G.P. Virtual Healthcare Showcase May 20](https://longbridge.com/en/news/286776630.md) - [Capital City Bank Group posts Q1 2026 investor presentation on website](https://longbridge.com/en/news/286599786.md) - [Richards Group Inc. Announces May 2026 Dividend | RPKIF Stock News](https://longbridge.com/en/news/286925142.md)