Earnings ·
National Healthcare Properties reports Q3 EPS of $0.24 and raises full-year SHOP NOI growth guidance
HLTCNational Healthcare Properties, Inc.
National Healthcare Properties reported third-quarter net income attributable to common stockholders of $0.24 per diluted share, with Same Store Cash NOI for its Senior Housing Operating Portfolio (SHOP) segment increasing 13.6% year-over-year. The company raised its full-year 2026 SHOP Same Store Cash NOI growth guidance mid-point by 100 basis points to 17.5%. During the quarter, NHP acquired 22 SHOP communities for $300 million and completed the sale of 30 Outpatient Medical Facility (OMF) assets for approximately $198 million, using proceeds to repay $119 million in secured debt. The company also amended its credit facilities to increase total lender commitments to $1.2 billion. National Healthcare Properties is a self-managed real estate investment trust focused on providing needs-based senior housing.