Healthcare Trust Q3 MOB NOI up 2.1%; SHOP revenue up 3.4%; adds $12.6M pipeline

National Healthcare Properties, Inc.

MOB NOI rose 2.1% to $24.3M in Q3'23 from $23.8M in Q3'22; SHOP revenue increased 3.4% to $52M from $50M.
YTD lease renewal rental spread of 7.8% across 355,769 SF; Q3 renewal spread 10.7% on 148,269 SF.
Total YTD closed and pipeline acquisitions $47.6M at avg 7.0% cap rate and 11.7-yr WALT.
Terminated SHOP operator contract for 20 assets; new operator transition expected Q4 2023.
Net Leverage 39.4%; total debt $1.17B; cash $51M; nearly 100% MOB cash rent collected.

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.