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Four of the facilities have primary debt financing by HUD. The NHI loans totaling $24.5 million exist under a master credit agreement maturing in August 2021, and bear interest at 8.25% annually. The financing expands NHI’s relationship with SLM to 15 communities in Florida, Georgia and Louisiana, including 10 communities leased to SLM. SLM operates 23 licensed senior housing communities, including many that are purpose-built to offer specialized Alzheimer’s and dementia care, on-site skilled nursing and rehabilitative services. Eric Mendelsohn, NHI’s President and CEO, stated, Really interesting “We are very pleased to expand our business relationship with a valued operator like Senior Living Management and to design a flexible financing structure that meets their needs as they continue to grow.” About NHI Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI’s portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals. For more information, visit www.nhireit.com . This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company’s, tenants’, operators’, borrowers’ or managers’ expected future financial position, results of operations, cash flows, funds from operations, dividend and dividend plans, financing opportunities and plans, capital market transactions, business strategy, budgets, projected costs, operating metrics, capital expenditures, competitive positions, acquisitions, investment opportunities, dispositions, acquisition integration, growth opportunities, expected lease income, continued qualification as a real estate investment trust (“REIT”), plans and objectives of management for future operations, continued performance improvements, ability to service and refinance our debt obligations, ability to finance growth opportunities, and similar statements including, without limitation, those containing words such as “may,” “will,” “believes,” “anticipates,” “expects,” “intends,” “estimates,” “plans,” latest medicine news Shared this and other similar expressions are forward-looking statements. Liked this Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from those projected or contemplated in the forward-looking statements.
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