National Health Investors (NHI) 80.67 $NHI
NHI Announces $36.6 Million Purchase of Two Senior Living Facilities in Oregon
BusinessWire - Thu Sep 01, 3:05PM CDT
National Health Investors, Inc. (NYSE:NHI) announced today it has purchased two senior living facilities totaling 134 units in McMinnville, Oregon for $36.6 million and leased the facilities to Chancellor Health Care, LLC ("Chancellor"
. The lease term is 15 years with an annual lease rate of 7.5% plus annual fixed escalators. The acquisition was funded with borrowings from NHI's revolving credit facility.
NHI: 80.67 (+0.88)
NHI Announces Third Quarter Dividend
BusinessWire - Fri Aug 05, 5:10AM CDT
National Health Investors, Inc. (NYSE:NHI) announced today that it will pay a third quarter dividend of $.90 per common share on November 10, 2016 to shareholders of record as of September 30, 2016.
NHI: 80.67 (+0.88)
NHI Announces Second Quarter 2016 Results
BusinessWire - Fri Aug 05, 5:00AM CDT
National Health Investors, Inc. (NYSE:NHI) announced today its Funds From Operations ("FFO", its Normalized Funds From Operations, its Normalized Adjusted Funds From Operations ("AFFO", its Normalized Funds Available for Distribution ("FAD" and net income attributable to common stockholders for the three months and six months ended June 30, 2016.
NHI: 80.67 (+0.88)
NHI And Bickford to Convert Joint Venture to Triple-Net Lease
BusinessWire - Thu Aug 04, 4:25PM CDT
National Health Investors, Inc. (NYSE:NHI) announced today that it has signed an agreement with its joint venture partner, an affiliate of Bickford Senior Living ("Bickford", to convert NHI's RIDEA joint venture to a triple-net lease. The agreement is subject to certain conditions including final approval by secured lenders, legal and tax review, and the execution of final legal documents. According to the agreement, NHI has agreed to purchase Bickford's 15% interest in the real estate underlying the joint venture for a payment to Bickford of $25.1 million, and Bickford is to pay NHI $8.1 million to purchase its non-controlling 85% interest in the senior housing operations.
NHI: 80.67 (+0.88)
REITs in Queue for Q2 Earnings: SNH, NHI, NYRT, DRH, XHR
Zacks Equity Research - Zacks Investment Research - Thu Aug 04, 9:37AM CDT
Aug 5 will see a deluge of earnings releases, with Senior Housing Properties Trust (SNH), National Health Investors Inc. (NHI) and others queued to report their quarterly figures.
VNO: 103.74 (+0.79), CBG: 30.17 (+0.28), SPG: 216.69 (+0.67), BXP: 142.30 (+1.24), XHR: 16.75 (+0.14), PSA: 226.79 (+0.68), SLG: 116.77 (+1.24), NHI: 80.67 (+0.88), NYRT: 9.64 (+0.05), PLD: 53.98 (+0.96), SNH: 22.92 (+0.45), DRH: 10.12 (unch)
What's in Store for QuickLogic (QUIK) in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:10AM CDT
QuickLogic Corporation (QUIK) is scheduled to report second-quarter 2016 earnings results after the closing bell on Aug 3.
CDK: 58.99 (+0.70), SUI: 77.06 (+0.56), QUIK: 0.87 (+0.02), NHI: 80.67 (+0.88)
Will RE/MAX Holdings (RMAX) Disappoint in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 5:50AM CDT
RE/MAX Holdings, Inc. (RMAX) is expected to report second-quarter 2016 results on Aug 4, 2016, after the market closes.
RMAX: 42.67 (+0.76), NHI: 80.67 (+0.88), AHP: 15.43 (-0.10), EPR: 79.58 (+1.14)
Will EPR Properties (EPR) Pull a Surprise in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 5:40PM CDT
Our proven model shows that EPR Properties (EPR) is likely to beat estimates because it has the right combination of two key ingredients.
ARR: 22.36 (+0.15), NHI: 80.67 (+0.88), AHP: 15.43 (-0.10), EPR: 79.58 (+1.14)
Will Kforce (KFRC) Disappoint Yet Again in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:29AM CDT
Kforce Inc. (KFRC) is scheduled to report second-quarter 2016 results after the market closes on Aug 2.
CDK: 58.99 (+0.70), SUI: 77.06 (+0.56), KFRC: 19.51 (+0.16), NHI: 80.67 (+0.88)
Can Qorvo (QRVO) Beat Earnings Estimates Yet Again in Q1?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:26AM CDT
Qorvo, Inc. (QRVO) is scheduled to report first-quarter fiscal 2017 results after the closing bell on Aug 2.
QRVO: 57.60 (-0.15), CDK: 58.99 (+0.70), SUI: 77.06 (+0.56), NHI: 80.67 (+0.88)
What to Expect from Rayonier (RYN) this Earnings Season?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:23AM CDT
Our proven model does not conclusively show that Rayonier (RYN) will beat earnings this quarter.
RYN: 27.90 (+0.26), NHI: 80.67 (+0.88), AHP: 15.43 (-0.10), EPR: 79.58 (+1.14)
General Growth (GGP) Q2 Earnings: What's in the Cards?
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:49AM CDT
Our proven model does not conclusively show that General Growth Properties will beat on earnings this quarter.
GGP: 29.29 (+0.29), SUI: 77.06 (+0.56), REG: 81.08 (+0.95), NHI: 80.67 (+0.88)
What's in the Cards for Welltower (HCN) in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:47AM CDT
Our proven model does not conclusively show that Welltower will beat earnings this quarter.
SUI: 77.06 (+0.56), HCN: 76.70 (+0.27), REG: 81.08 (+0.95), NHI: 80.67 (+0.88)
Vornado (VNO) Q2 Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:11AM CDT
Our proven model does not conclusively show that Vornado will beat earnings this quarter.
VNO: 103.74 (+0.79), SUI: 77.06 (+0.56), REG: 81.08 (+0.95), NHI: 80.67 (+0.88)
NHI Announces Acquisition and Lease of 2 CCRCs in Connecticut and Payoff of Mezzanine Loan
BusinessWire - Thu Jun 02, 5:00AM CDT
National Health Investors, Inc. (NYSE:NHI) announced today that it has acquired two entrance fee continuing care retirement communities ("CCRCs" from funds managed by certain affiliates of East Lake Capital Management ("East Lake" for $56.3 million and entered into a lease transaction with other affiliates of East Lake. The CCRCs have 460 units and are located in Bridgeport, Connecticut and Southbury, Connecticut. The communities are sub-leased to affiliates of Watermark Retirement Communities ("Watermark", the current manager. The lease has a term of 15 years, with an initial lease rate to East Lake of 7% with annual escalators of 3.5% in years 2 through 4, and 3% annually thereafter. The communities have a 2.30 (EBITDARM) average lease coverage ratio based on the initial NHI lease payment for the past two years. NHI has committed up to an additional $10 million for capital improvements and potential expansion of the communities over the next two years. The acquisition was funded with available cash and borrowings on NHI's revolving credit facility, and was anticipated as part of NHI's most recent 2016 financial guidance to the market contained in its press release dated May 6, 2016.
NHI: 80.67 (+0.88)
NHI to Present at REITWeek 2016
BusinessWire - Thu May 26, 5:00AM CDT
National Health Investors, Inc. (NYSE: NHI) announced that its President and CEO, Eric Mendelsohn, and its Chief Accounting Officer, Roger Hopkins, will make a presentation to the investment community at REITWeek 2016. NAREIT's Investor Forum will be held at the Waldorf Astoria New York in New York, NY. The presentation will take place on Tuesday, June 7, 2016, from 9:30 a.m. to 10:00 a.m. ET.
NHI: 80.67 (+0.88)
NHI Exercises Purchase Option on 5 Assisted Living/Memory Care Facilities For $87.5 Million from Bickford Senior Living
BusinessWire - Mon May 23, 5:00AM CDT
National Health Investors, Inc. (NYSE: NHI) announced today it has exercised its purchase option to acquire 5 assisted living and memory care facilities owned and operated by Bickford Senior Living ("Bickford" for $87.5 million. The acquired facilities have a total of 277 units, a combined average occupancy of 92% and have EBITDARM lease coverage of 1.35x based on an initial annual lease rate of 7.25%. NHI has committed $2.4 million for capital expenditures and expansion of the existing facilities, the funding of which will be added to the lease base. The lease has an initial term of 15 years plus two 5-year renewal options. The annual lease escalator is 3%. The facilities are not included in the existing joint venture between the parties, and NHI's purchase option on a sixth Bickford facility was relinquished. The acquisition was funded with available cash and borrowings on NHI's revolving credit facility. The acquisition was anticipated as part of NHI's most recent 2016 financial guidance to the market contained in its press release dated May 6, 2016.
NHI: 80.67 (+0.88)
NHI to Present at Bank of America Merrill Lynch 2016 Health Care Conference
BusinessWire - Wed May 11, 10:31AM CDT
National Health Investors, Inc. (NYSE: NHI) announced that its President and CEO, Eric Mendelsohn, will make a presentation to the investment community at the Bank of America Merrill Lynch 2016 Health Care Conference at the Encore at Wynn Las Vegas, in Las Vegas, Nev. The presentation will take place on Thursday, May 12th, from 10:00 a.m. to 10:30 a.m. PT.
NHI: 80.67 (+0.88)
NHI Announces Second Quarter 2016 Dividend
BusinessWire - Fri May 06, 3:30PM CDT
National Health Investors, Inc. (NYSE: NHI) announced today that it will pay a second quarter dividend of $.90 per common share to shareholders of record on June 30, 2016 and payable on August 10, 2016.
NHI: 80.67 (+0.88)
The Zacks Analyst Blog Highlights: Taubman Centers, Vornado Realty Trust, Brookfield Property Partners, Care Capital Properties and National Health Investors
Zacks Equity Research - Zacks Investment Research - Fri May 06, 8:30AM CDT
The Zacks Analyst Blog Highlights: Taubman Centers, Vornado Realty Trust, Brookfield Property Partners, Care Capital Properties and National Health Investors
VNO: 103.74 (+0.79), BPY: 23.23 (+0.24), CCP: 30.30 (+0.41), NHI: 80.67 (+0.88), TCO: 79.16 (+1.36)
NHI Announces $36.6 Million Purchase of Two Senior Living Facilities in Oregon
BusinessWire - Thu Sep 01, 3:05PM CDT
National Health Investors, Inc. (NYSE:NHI) announced today it has purchased two senior living facilities totaling 134 units in McMinnville, Oregon for $36.6 million and leased the facilities to Chancellor Health Care, LLC ("Chancellor"
. The lease term is 15 years with an annual lease rate of 7.5% plus annual fixed escalators. The acquisition was funded with borrowings from NHI's revolving credit facility. NHI: 80.67 (+0.88)
NHI Announces Third Quarter Dividend
BusinessWire - Fri Aug 05, 5:10AM CDT
National Health Investors, Inc. (NYSE:NHI) announced today that it will pay a third quarter dividend of $.90 per common share on November 10, 2016 to shareholders of record as of September 30, 2016.
NHI: 80.67 (+0.88)
NHI Announces Second Quarter 2016 Results
BusinessWire - Fri Aug 05, 5:00AM CDT
National Health Investors, Inc. (NYSE:NHI) announced today its Funds From Operations ("FFO"
, its Normalized Funds From Operations, its Normalized Adjusted Funds From Operations ("AFFO", its Normalized Funds Available for Distribution ("FAD" and net income attributable to common stockholders for the three months and six months ended June 30, 2016. NHI: 80.67 (+0.88)
NHI And Bickford to Convert Joint Venture to Triple-Net Lease
BusinessWire - Thu Aug 04, 4:25PM CDT
National Health Investors, Inc. (NYSE:NHI) announced today that it has signed an agreement with its joint venture partner, an affiliate of Bickford Senior Living ("Bickford"
, to convert NHI's RIDEA joint venture to a triple-net lease. The agreement is subject to certain conditions including final approval by secured lenders, legal and tax review, and the execution of final legal documents. According to the agreement, NHI has agreed to purchase Bickford's 15% interest in the real estate underlying the joint venture for a payment to Bickford of $25.1 million, and Bickford is to pay NHI $8.1 million to purchase its non-controlling 85% interest in the senior housing operations. NHI: 80.67 (+0.88)
REITs in Queue for Q2 Earnings: SNH, NHI, NYRT, DRH, XHR
Zacks Equity Research - Zacks Investment Research - Thu Aug 04, 9:37AM CDT
Aug 5 will see a deluge of earnings releases, with Senior Housing Properties Trust (SNH), National Health Investors Inc. (NHI) and others queued to report their quarterly figures.
VNO: 103.74 (+0.79), CBG: 30.17 (+0.28), SPG: 216.69 (+0.67), BXP: 142.30 (+1.24), XHR: 16.75 (+0.14), PSA: 226.79 (+0.68), SLG: 116.77 (+1.24), NHI: 80.67 (+0.88), NYRT: 9.64 (+0.05), PLD: 53.98 (+0.96), SNH: 22.92 (+0.45), DRH: 10.12 (unch)
What's in Store for QuickLogic (QUIK) in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:10AM CDT
QuickLogic Corporation (QUIK) is scheduled to report second-quarter 2016 earnings results after the closing bell on Aug 3.
CDK: 58.99 (+0.70), SUI: 77.06 (+0.56), QUIK: 0.87 (+0.02), NHI: 80.67 (+0.88)
Will RE/MAX Holdings (RMAX) Disappoint in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 5:50AM CDT
RE/MAX Holdings, Inc. (RMAX) is expected to report second-quarter 2016 results on Aug 4, 2016, after the market closes.
RMAX: 42.67 (+0.76), NHI: 80.67 (+0.88), AHP: 15.43 (-0.10), EPR: 79.58 (+1.14)
Will EPR Properties (EPR) Pull a Surprise in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 5:40PM CDT
Our proven model shows that EPR Properties (EPR) is likely to beat estimates because it has the right combination of two key ingredients.
ARR: 22.36 (+0.15), NHI: 80.67 (+0.88), AHP: 15.43 (-0.10), EPR: 79.58 (+1.14)
Will Kforce (KFRC) Disappoint Yet Again in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:29AM CDT
Kforce Inc. (KFRC) is scheduled to report second-quarter 2016 results after the market closes on Aug 2.
CDK: 58.99 (+0.70), SUI: 77.06 (+0.56), KFRC: 19.51 (+0.16), NHI: 80.67 (+0.88)
Can Qorvo (QRVO) Beat Earnings Estimates Yet Again in Q1?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:26AM CDT
Qorvo, Inc. (QRVO) is scheduled to report first-quarter fiscal 2017 results after the closing bell on Aug 2.
QRVO: 57.60 (-0.15), CDK: 58.99 (+0.70), SUI: 77.06 (+0.56), NHI: 80.67 (+0.88)
What to Expect from Rayonier (RYN) this Earnings Season?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:23AM CDT
Our proven model does not conclusively show that Rayonier (RYN) will beat earnings this quarter.
RYN: 27.90 (+0.26), NHI: 80.67 (+0.88), AHP: 15.43 (-0.10), EPR: 79.58 (+1.14)
General Growth (GGP) Q2 Earnings: What's in the Cards?
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:49AM CDT
Our proven model does not conclusively show that General Growth Properties will beat on earnings this quarter.
GGP: 29.29 (+0.29), SUI: 77.06 (+0.56), REG: 81.08 (+0.95), NHI: 80.67 (+0.88)
What's in the Cards for Welltower (HCN) in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:47AM CDT
Our proven model does not conclusively show that Welltower will beat earnings this quarter.
SUI: 77.06 (+0.56), HCN: 76.70 (+0.27), REG: 81.08 (+0.95), NHI: 80.67 (+0.88)
Vornado (VNO) Q2 Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:11AM CDT
Our proven model does not conclusively show that Vornado will beat earnings this quarter.
VNO: 103.74 (+0.79), SUI: 77.06 (+0.56), REG: 81.08 (+0.95), NHI: 80.67 (+0.88)
NHI Announces Acquisition and Lease of 2 CCRCs in Connecticut and Payoff of Mezzanine Loan
BusinessWire - Thu Jun 02, 5:00AM CDT
National Health Investors, Inc. (NYSE:NHI) announced today that it has acquired two entrance fee continuing care retirement communities ("CCRCs"
from funds managed by certain affiliates of East Lake Capital Management ("East Lake" for $56.3 million and entered into a lease transaction with other affiliates of East Lake. The CCRCs have 460 units and are located in Bridgeport, Connecticut and Southbury, Connecticut. The communities are sub-leased to affiliates of Watermark Retirement Communities ("Watermark", the current manager. The lease has a term of 15 years, with an initial lease rate to East Lake of 7% with annual escalators of 3.5% in years 2 through 4, and 3% annually thereafter. The communities have a 2.30 (EBITDARM) average lease coverage ratio based on the initial NHI lease payment for the past two years. NHI has committed up to an additional $10 million for capital improvements and potential expansion of the communities over the next two years. The acquisition was funded with available cash and borrowings on NHI's revolving credit facility, and was anticipated as part of NHI's most recent 2016 financial guidance to the market contained in its press release dated May 6, 2016. NHI: 80.67 (+0.88)
NHI to Present at REITWeek 2016
BusinessWire - Thu May 26, 5:00AM CDT
National Health Investors, Inc. (NYSE: NHI) announced that its President and CEO, Eric Mendelsohn, and its Chief Accounting Officer, Roger Hopkins, will make a presentation to the investment community at REITWeek 2016. NAREIT's Investor Forum will be held at the Waldorf Astoria New York in New York, NY. The presentation will take place on Tuesday, June 7, 2016, from 9:30 a.m. to 10:00 a.m. ET.
NHI: 80.67 (+0.88)
NHI Exercises Purchase Option on 5 Assisted Living/Memory Care Facilities For $87.5 Million from Bickford Senior Living
BusinessWire - Mon May 23, 5:00AM CDT
National Health Investors, Inc. (NYSE: NHI) announced today it has exercised its purchase option to acquire 5 assisted living and memory care facilities owned and operated by Bickford Senior Living ("Bickford"
for $87.5 million. The acquired facilities have a total of 277 units, a combined average occupancy of 92% and have EBITDARM lease coverage of 1.35x based on an initial annual lease rate of 7.25%. NHI has committed $2.4 million for capital expenditures and expansion of the existing facilities, the funding of which will be added to the lease base. The lease has an initial term of 15 years plus two 5-year renewal options. The annual lease escalator is 3%. The facilities are not included in the existing joint venture between the parties, and NHI's purchase option on a sixth Bickford facility was relinquished. The acquisition was funded with available cash and borrowings on NHI's revolving credit facility. The acquisition was anticipated as part of NHI's most recent 2016 financial guidance to the market contained in its press release dated May 6, 2016. NHI: 80.67 (+0.88)
NHI to Present at Bank of America Merrill Lynch 2016 Health Care Conference
BusinessWire - Wed May 11, 10:31AM CDT
National Health Investors, Inc. (NYSE: NHI) announced that its President and CEO, Eric Mendelsohn, will make a presentation to the investment community at the Bank of America Merrill Lynch 2016 Health Care Conference at the Encore at Wynn Las Vegas, in Las Vegas, Nev. The presentation will take place on Thursday, May 12th, from 10:00 a.m. to 10:30 a.m. PT.
NHI: 80.67 (+0.88)
NHI Announces Second Quarter 2016 Dividend
BusinessWire - Fri May 06, 3:30PM CDT
National Health Investors, Inc. (NYSE: NHI) announced today that it will pay a second quarter dividend of $.90 per common share to shareholders of record on June 30, 2016 and payable on August 10, 2016.
NHI: 80.67 (+0.88)
The Zacks Analyst Blog Highlights: Taubman Centers, Vornado Realty Trust, Brookfield Property Partners, Care Capital Properties and National Health Investors
Zacks Equity Research - Zacks Investment Research - Fri May 06, 8:30AM CDT
The Zacks Analyst Blog Highlights: Taubman Centers, Vornado Realty Trust, Brookfield Property Partners, Care Capital Properties and National Health Investors
VNO: 103.74 (+0.79), BPY: 23.23 (+0.24), CCP: 30.30 (+0.41), NHI: 80.67 (+0.88), TCO: 79.16 (+1.36)
