Q1 FFO $0.31/sh (+121% YoY); $528M OMF sale, $125.5M SHOP buys, FY26 outlook

National Healthcare Properties, Inc.

Net loss per share $(0.27), Nareit FFO $0.31, Normalized FFO $0.26 (up 100% YoY).
Same-store cash NOI growth 12.0% overall; SHOP +24%, OMF +5.5%.
Agreed to sell 86 OMFs for $528.2M (incl. ~$278M debt) and buy $64M JV + $61.5M SHOPs.
Post-quarter IPO raised $531.3M; used $186M to cut revolver; net leverage improved to 8.6x.
FY26 guidance: SHOP same-store NOI growth 13-16%, OMF 2.5-3.5%, acquisitions $375-425M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

National Healthcare Properties, Inc. reported the quarter ended March 31, 2026 results: net income $(0.27) per basic and diluted share. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Net income: $(0.27) per basic and diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

National Healthcare Properties, Inc. (the “Company”) issued a press release on May 13, 2026 announcing its financial results for the quarter ended March 31, 2026.

View on SEC.gov

Browse all earnings releases →

National Healthcare Properties, Inc. filing history →

Source: SEC EDGAR

accession 0001561032-26-000027

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.