---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-067550"
form_type: "8-K"
ticker: "NHP"
cik: "0001561032"
company_name: "National Healthcare Properties, Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:13:24.184183+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-067550
- form_type: 8-K
- ticker: NHP
- cik: 0001561032
- company_name: National Healthcare Properties, Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561032/000110465923067550/0001104659-23-067550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561032/000110465923067550/tm2317509d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-067550
- JSON: https://secwatch.observer/filing/0001104659-23-067550.json
- Plain text: https://secwatch.observer/filing/0001104659-23-067550.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.