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

April 18, 2013 4:33 PM EDT Send to a Friend
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.


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