National Healthcare Properties Provides Transaction Updates
National Healthcare Properties (Nasdaq: NHP) said it closed two senior housing “SHOP” acquisitions totaling 211 units for $98M and 14 SHOP communities totaling 722 units for about $99M. Combined, 882 assisted living and 51 memory care units were added, with forecasted 7.8% (year-one) and 9.7% (year-three) yields. It also agreed to sell a non-core California SHOP for ~$42M.



