NHI Provides $42.5 Million Senior Loan and Exercises Purchase Option to Acquire a 60-Unit Community in Virginia

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Nov 21, 2022

MURFREESBORO, TN / ACCESSWIRE / November 21, 2022 / National Health Investors, Inc. (NYSE:NHI, Financial) today announced that it funded a $42.5 million senior loan to refinance a portfolio of skilled nursing facilities located in Texas. The loan is being made to an affiliate of Capital Funding Group and the properties are leased by subsidiaries of The Ensign Group, Inc. (ENSG). The five-year loan has an annual interest rate of 7.25% with two one-year extensions.