NHI Snatches Up 25 Facilities for Almost $500M

Source:  Business Journals

Murfreesboro-based National Health Investors Inc. has reached a deal to buy 25 independent living facilities from subsidiaries of Holiday Acquisition Holdings LLC for $491 million, according to a news release. The deal is expected to close by the end of the year. According to a news release, the 25 facilities will continue to be operated by affiliates of Holiday Retirement on a 17-year master lease. "This investment is in line with our stated goals of partnering with strong operators, ...

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