secwatch.observer — SEC 8-K summary
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Issuer:     National Healthcare Properties, Inc. (NHP)
CIK:        0001561032
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001104659-24-044303
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Trust 2023 MOB NOI $97.5M (+2.1%), SHOP NOI $30.6M (+36.6%)
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- MOB portfolio NOI rose 2.1% to $97.5M in 2023; SHOP Adjusted NOI up 36.6% to $30.6M.
- Q4 lease renewals: 71k SF at 11.1% spread over 5.2-yr WALT; forward pipeline 26.6k SF.
- Acquired 11 MOB properties in 2023/2024 for $47.6M at 7.0% weighted avg cap rate.
- MOB occupancy 90.6%, SHOP occupancy 74.1%; collected ~100% of MOB cash rent in Q4.
- Net leverage 43.7%, cash $46M; Fannie Mae facilities capped at 3.5% SOFR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1561032/000110465924044303/0001104659-24-044303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1561032/000110465924044303/tm2411219d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-044303

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer