National Healthcare Properties Reports Third Quarter 2026 Results
Globe Newswire•04/11/2026•16:35 ET
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Key Highlights
- ➤SHOP Same Store Cash NOI grew 13.6% year-over-year.
- ➤Normalized FFO per share fell 29.6% year-over-year to $0.19.
- ➤2026 SHOP Same Store Cash NOI guidance raised to 16.5% to 18.5%.
- ➤2026 SHOP acquisitions reached $664 million completed or under definitive agreement.
- ➤Net leverage improved to 5.5x from 8.8x year-over-year.
Expert Statements
Michael Anderson, Chief Executive Officer and President of National Healthcare Properties
“2026 continues to be a transformational year for the Company, and the third quarter included important milestones in our pursuit of a SHOP-only portfolio and an investment grade balance sheet. During the quarter, we succeeded in strategically increasing our same-store SHOP occupancy to improve our operating position into the fourth quarter, closed on more than $300 million of SHOP acquisitions at attractive yields, and utilized proceeds from our new unsecured term loan and the first tranche of our OMF exit to significantly reduce our secured debt. We enter the fourth quarter with a stronger platform and clear momentum, focused on delivering long-term value for our shareholders.”
SHOP Same Store Cash NOI increased 13.6% year-over-year $664 million of 2026 SHOP acquisitions completed or under definitive agreement SHOP Same Store Cash NOI growth guidance increased by 100bps at its mid-point
NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (Nasdaq: NHP) (the “Company”), a self-managed real estate investment trust focused on providing needs-based senior housing to serve a growing elderly population in the United States, today announced results for the quarter ended September 30, 2026.
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