National Health Investors Commits $89.2 Million to Portfolio Expansion, Securing 8.20% Initial Yield on New Senior Housing Assets
National Health Investors, Inc. (NYSE:NHI), a real estate investment trust specializing in healthcare properties, announced on December 18, 2025, that it has deployed $89.2 million in capital across four distinct transactions. This significant investment, which includes all associated transaction costs, was executed at an attractive average initial yield of 8.20%.
Key Acquisition Targets Assisted Living and Memory Care
The centerpiece of the announced investments is the acquisition of a 107-unit assisted living and memory care community located in Jamison, Pennsylvania. NHI committed $52.1 million, including transaction costs, specifically for this facility.
This acquisition is strategically important as it introduces a new operating partner to the NHI portfolio: Priority Life Care ("PLC"). Establishing new relationships with experienced operators is a common strategy for healthcare REITs seeking to diversify operational risk and enhance asset performance.
- The total capital deployed across all four transactions was $89.2 million.
- The average initial yield secured on these investments stands at 8.20%.
- The Jamison, PA, facility acquisition accounted for $52.1 million of the total investment.
- The Pennsylvania community offers 107 units dedicated to assisted living and memory care.
NHI Expands Footprint in Specialized Senior Housing
The investment in the Jamison, PA, facility underscores NHI’s commitment to expanding its presence in the specialized senior housing market. Assisted living and memory care facilities cater to a growing demographic, providing stable, long-term revenue streams for healthcare real estate owners.
While the announcement detailed the $52.1 million acquisition, the remaining portion of the $89.2 million investment was allocated across three other transactions. The disclosure of the 8.20% initial yield provides investors with a clear metric of the expected return on the newly acquired assets, positioning the company favorably within the competitive healthcare REIT landscape.
The successful execution of these four transactions demonstrates NHI's active pipeline management and ability to source and close deals that meet its financial targets, particularly regarding yield generation in the highly sought-after senior housing sector.
