8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 11, 2007 (July 11, 2007)
National Health Investors, Inc.
(Exact name of Registrant as specified in its charter)
Maryland
(State or Other Jurisdiction of Incorporation)
001-10822	62-1470956
(Commission File No.)	(IRS Employer
	Identification Number)
100 Vine Street, Suite 1202
Murfreesboro, TN 37130
(Address of principal executive offices, including zip code)
(615) 890-9100
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)

Item 8.01.   Other Events.

On July 11, 2007,  National Health Investors, Inc. (the “Company”) issued a press release regarding a $44,500,000 payoff of a mortgage loan.  The press release is attached hereto as Exhibit 99, which is incorporated herein by reference.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	National Health Investors, Inc.
	By:  /s/W. Andrew Adams
	Name: W. Andrew Adams
	Title: Chief Executive Officer
Date: July 11, 2007

Exhibit Index

Number	Exhibit
99	Press release, dated July 11, 2007

EX-99

EXHIBIT 99

For Release: July 11, 2007

Contact: Kenneth D. DenBesten, Senior VP, Finance and Secretary

Phone: (615) 890-9100

NHI Receives Loan Payoff

National Health Investors, Inc. (NHI) announced today that it has received payoff at par of a mortgage loan investment in the amount of $44,500,000.  The recovery of amounts previously written down related to this loan will have a positive impact on earnings during the third quarter of 2007 in the amount of $21,300,000.  The funds received from this customer are expected to decrease interest income in 2007 by an estimated $1,000,000 as NHI plans to invest the funds in short-term investments until the Company can identify longer-term investments.

NHI specializes in the financing of health care real estate by first mortgage and by purchase and leaseback transactions.  The common stock of National Health Investors trades on the New York Stock Exchange with the symbol NHI.  Additional information, including NHI’s most recent press releases, may be obtained on our web site at www.nhinvestors.com.

Statements in this press release that are not historical facts are forward-looking statements. NHI cautions investors that any forward-looking statements made involve risks and uncertainties and are not guarantees of future performance. All forward-looking statements represent NHI’s judgment as of the date of this release.

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