National Health (NHI) Acquires Texas Facilities in $26.3M Deal

April 18, 2013 4:33 PM EDT
National Health Investors, Inc. (NYSE: NHI) announced today a $26.3 million acquisition totaling 254 beds. The skilled nursing facilities, each less than two years old, are located in Canton and Corinth, Texas. Indirect affiliates of Fundamental committed to a ten-year initial lease term plus annual fixed escalators. The purchase was funded from borrowings on NHI’s revolving credit facility.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions

Add Your Comment