secwatch.observer — SEC 8-K summary
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Issuer:     National Healthcare Properties, Inc. (NHP)
CIK:        0001561032
Form:       8-K
Filed at:   2026-05-13T21:17:02+00:00
Accession:  0001561032-26-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1561032/000156103226000027/0001561032-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1561032/000156103226000027/hct-20260513.htm
  HTML page:      https://secwatch.observer/filing/0001561032-26-000027

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