Healthcare Trust Q1 2023 MOB NOI $24.7M; SHOP NOI $8.8M; acquired $25.2M MOB assets at 7.6% cap

National Healthcare Properties, Inc.

MOB segment NOI rose to $24.7M from $23.7M YoY; SHOP segment NOI improved to $8.8M from $6.9M YoY.
Acquired five MOB properties in Q1 for $25.2M at a 7.6% weighted average cap rate with 10.3-year avg lease term.
MOB portfolio occupancy 90.9%; forward leasing pipeline of 64,200 SF expected to lift occupancy to 92.1%.
Net leverage 39.1%; total debt $1.136B; weighted avg interest rate 5.2% (up from 3.5% in Q1'22).
Post-quarter entered $240M CMBS financing at 6.5% interest, repaid credit facility and freed $39M for corporate use.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.