NHI Invests $106.9 Million in Senior Housing Properties in Colorado
National Health Investors, Inc. (NHI) has invested $106.9 million in the acquisition of seven senior housing properties in Colorado, which will be included in its Senior Housing Operating Portfolio (SHOP). The investment is expected to generate an initial net operating income (NOI) yield of approximately 8.3% and 7.8% after routine capital expenditures. NHI also plans to invest an additional $3.6 million in the first year.
Tickers: $NHI
Topics: acquisition portfolio expansion real estate investment senior housing