National Healthcare Properties Sells Outpatient Medical Facilities for $531M
National Healthcare Properties (NHP) has agreed to sell 40 outpatient medical facilities in a deal valued at approximately $531 million. The transaction is expected to provide capital that will be used to repay debt and support acquisitions within the company's senior housing operating portfolio. The sale features nominal cap rates of 6.9% and economic cap rates of 6.5%, reflecting strong returns on investment for buyers in this sector. This move aligns with NHP’s strategy to optimize its real estate holdings while focusing resources on high-growth areas like senior living.
Tickers: $NHP
Topics: cap rate outpatient facilities real estate senior housing