other material
confidence high
sentiment negative
materiality 0.75
Healthcare Trust NAV per share falls to $13.00 as of Dec 31, 2023, from $14.00 prior year
National Healthcare Properties, Inc.
- Estimated per-share NAV of $13.00 for common stock as of Dec 31, 2023, down 7% from $14.00 a year earlier.
- Kroll provided a valuation range of $12.01 - $13.60 per share; Board selected $13.00.
- Shares outstanding increased 6% to 112,034,251, partly due to stock dividends.
- Real estate asset values weighted average cap rate 6.71%, discount rate 8.31%.
- Three properties expected to sell post-valuation date were valued at estimated sale prices.