National Healthcare Properties, Inc. (Nasdaq: NHP) announced it will redeem all outstanding shares of its two series of preferred stock, according to a press release statement.

The company will redeem 3,289,061 shares of its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (Nasdaq: NHPAP) at a redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, September 4, 2026.

Additionally, 2,850,427 shares of its 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock (Nasdaq: NHPBP) will be redeemed at the same $25.00 per share price, plus accrued and unpaid dividends up to, but not including, October 6, 2026.

Notices of Redemption for the Series A and Series B Preferred Stock are scheduled to be sent to holders on August 5, 2026 and August 7, 2026, respectively.

National Healthcare Properties is a self-managed real estate investment trust focused on healthcare real estate, with an emphasis on senior housing in the United States.