secwatch.observer — SEC 8-K summary ====================================== Issuer: NATIONAL HEALTH INVESTORS INC (NHI) CIK: 0000877860 Form: 8-K/A Filed at: 2026-04-22T23:59:59+00:00 Accession: 0000877860-26-000117 Event type: m_and_a Sentiment: positive Materiality: 0.85 Item codes: 1.01, 1.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 NHI sells 35 SNF/IL properties to NHC/OP for $560M; strengthens balance sheet ----------------------------------------------------------------------------- - Purchase price $560M; 32 skilled nursing + 3 independent living facilities in 7 states. - Net proceeds used to repay debt and fund private-pay senior housing investments. - Pro forma net debt-to-annualized EBITDA ~2.3x; SHOP segment to be ~22% of total investments. - Transaction reviewed and approved by Special Committee of independent directors. - Expected to close July 1, 2026, subject to HSR and other customary conditions. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/877860/000087786026000117/0000877860-26-000117-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/877860/000087786026000117/nhi-20260420.htm HTML page: https://secwatch.observer/filing/0000877860-26-000117 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer