other_material
confidence high
sentiment negative
materiality 0.75
NHI gives default notice to NHC affiliate over non-monetary lease violations covering 35 properties
NATIONAL HEALTH INVESTORS INC
- Default notice sent Sept 8, 2025 for non-compliance with Master Lease on 32 skilled nursing and 3 independent living facilities.
- NHI notified Tenant of non-monetary breaches on July 29; cure deadline was Aug 29, 2025, but Tenant did not remedy.
- Tenant has up to 30 days (subject to exceptions) to cure before NHI may declare an Event of Default and pursue remedies.
- Properties are leased from NHI to NHC/OP, L.P., an affiliate of National HealthCare Corporation (NHC).