---
schema_version: "secwatch.filing_event.v1"
accession: "0001561032-26-000027"
form_type: "8-K"
ticker: "NHP"
cik: "0001561032"
company_name: "National Healthcare Properties, Inc."
filed_at: "2026-05-13T21:17:02+00:00"
generated_at: "2026-05-13T21:18:24.137955+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001561032-26-000027
- form_type: 8-K
- ticker: NHP
- cik: 0001561032
- company_name: National Healthcare Properties, Inc.
- filed_at: 2026-05-13T21:17:02+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561032/000156103226000027/0001561032-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561032/000156103226000027/hct-20260513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561032-26-000027
- JSON: https://secwatch.observer/filing/0001561032-26-000027.json
- Plain text: https://secwatch.observer/filing/0001561032-26-000027.txt

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