NHI issues investor update

MURFREESBORO, TN / ACCESSWIRE / August 6, 2024 / National Health Investors, Inc. (NYSE:NHI) has issued the following investor update, which can be found at:

NHI | Presentations and Webcasts (nhireit.com)

Founded in 1991, National Health Investors, Inc. (NYSE:NHI) is a real estate investment trust specializing in senior housing sales, leasebacks, joint ventures, operating partnerships, and mortgage and mezzanine financing for senior housing and needs-based and discretionary healthcare investments. NHI’s portfolio includes independent living facilities, assisted living and memory care facilities, fee-for-service retirement communities, skilled nursing facilities, and specialty hospitals. For more information, visit www.nhireit.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the expected future financial position of the Company, its tenants, operators, borrowers or managers, results of operations, cash flows, funds from operations, dividend plans, financing opportunities and plans, capital markets transactions, business strategy, budgets, projected costs, operating metrics, capital expenditures, competitive positions, acquisitions, investment opportunities, dispositions, integration of acquisitions, growth opportunities, anticipated lease income, continued qualification as a real estate investment trust (“REIT”), management’s plans and objectives for future operations, continued improvement in results, ability to service and refinance our debt obligations, ability to finance growth opportunities and similar statements, including, without limitation, those containing words such as “may,” “will,” “believe,” “anticipate,” “expect,” “intend,” “estimate,” “plan” and other similar expressions are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that could cause our actual results in future periods to differ materially from those projected or contemplated in the forward-looking statements. Such risks and uncertainties include, among others: the impact of COVID-19 on our tenants, borrowers, the economy and the Company; our ability to retain our management team and other personnel and to attract suitable replacements in the event of the departure of such personnel; the operational success of our tenants and borrowers in collecting rental and interest income; the success of our development and construction businesses, which may not achieve the operating results we expect; the risk that our tenants and borrowers may become subject to bankruptcy or insolvency proceedings; risks related to the concentration of a significant percentage of our portfolio in the hands of a small number of tenants; risks related to governmental regulations and payers, primarily Medicare and Medicaid, and the impact that lower reimbursement rates would have on the operations of our tenants and borrowers; the risk that the cash flows of our tenants and borrowers will be adversely affected by increased liability claims and liability insurance costs; risks related to environmental regulations and hazardous substances liability costs; the risk of damage from weather-related and other natural or man-made disasters and the physical effects of climate change; the risk that we will not be fully indemnified by our tenants and borrowers against future litigation; the success of our future acquisitions and investments; our ability to reinvest cash in our real estate investments in a timely manner and on acceptable terms; the potential need to incur greater debt in the future, which may not be available on terms acceptable to us; our ability to meet the covenants under our indebtedness, which impose certain operating restrictions, a breach of which could have a material adverse effect on our financial condition and results of operations; the risk that the illiquidity of our real estate investments could impede our ability to respond to adverse changes in the performance of our properties; risks associated with our investments in unconsolidated entities, including our lack of sole decision-making authority and our dependence on the financial condition of other interests; operational risks associated with our senior housing (“SHOP”) operating portfolio of organized communities; our reliance on revenues derived primarily from fixed-rate investments in real estate assets, while a portion of our debt bears interest at variable rates; the risk that our assets may be subject to impairment charges; risks related to our ability to maintain the privacy and security of the Company’s information; and our dependence on our ability to continue to qualify for taxation as a real estate investment trust. Many of these factors are beyond the control of the Company and its management. The Company assumes no obligation to update any of these or any other forward-looking statements, except as required by law, and these statements speak only as of the date hereof. Investors are urged to carefully review and consider the various disclosures made by NHI in its periodic reports filed with the Securities and Exchange Commission, including the risk factors and other information disclosed in NHI’s Annual Report on Form 10-K for the most recently ended fiscal year and Quarterly Report on Form 10-Q for the most recently ended quarter. Copies of these filings are available free of charge on the SEC’s website at https://www.sec.gov or on the NHI website at https://www.nhireit.com.

Contact:
Dana Hambly, Vice President, Finance and Investor Relations
Phone: (615) 890-9100

SOURCE: Domestic investors in the health sector

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