Form 8-K Item 2.01

0000877860-10-000053.txt : 20100702 0000877860-10-000053.hdr.sgml : 20100702 20100702165240 ACCESSION NUMBER: 0000877860-10-000053 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100701 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20100702 DATE AS OF CHANGE: 20100702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL HEALTH INVESTORS INC CENTRAL INDEX KEY: 0000877860 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621470956 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10822 FILM NUMBER: 10936755 BUSINESS ADDRESS: STREET 1: 222 ROBERT ROSE DRIVE CITY: MURFREESBORO STATE: TN ZIP: 37129 BUSINESS PHONE: 6158909100 MAIL ADDRESS: STREET 1: 222 ROBERT ROSE DRIVE CITY: MURFREESBORO STATE: TN ZIP: 37129 8-K 1 f8k70210.htm FORM 8-K FOR PRESS RELEASES ISSUED JULY 1, 2010 Form 8-K Item 2.01


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 2, 2010 (July 1, 2010)

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)

222 Robert Rose Drive
Murfreesboro, TN 37129
(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 2.01. Completion of Acquisition or Disposition of Assets.

On July 1, 2010, National Health Investors, Inc. issued a press release announcing the sale of two skilled nursing facilities in Texas. See Exhibit 99-1 to this Current Report on Form 8-K.

On July 1, 2010, National Health Investors, Inc. issued a press release announcing an $11.5 million purchase/leaseback of three assisted living facilities. See Exhibit 99-2 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

Exhibit Index


Number	Exhibit
99-1	HTML version of press release issued July 1, 2010, titled “NHI Announces Sale of Two Skilled Nursing Facilities in Texas.”
99-2	HTML version of press release issued July 1, 2010, titled “NHI Announces $11.5 Million Purchase/Leaseback Transaction of Three Assisted Living Facilities.”

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/Roger R. Hopkins
	Name: Roger R. Hopkins
	Title: Chief Accounting Officer



Date: July 2, 2010

EX-99 2 legend_pr7110.htm EXHIBIT 99-1, PRESS RELEASE DATED JULY 1, 2010- SALE OF TWO TEXAS SNF Exhibit 99-1 to Form 8-K filed July 2, 2010

Exhibit 99-1

Contact: Roger R. Hopkins, Chief Accounting Officer

Phone: (615) 890-9100

NHI Announces Sale of Two Skilled Nursing Facilities in Texas

MURFREESBORO, Tenn. – (July 1, 2010) – National Health Investors, Inc. (NYSE:NHI) announced today it has closed a $6.2 million sale of two skilled nursing facilities in Texas to its current lessee Legend Healthcare and affiliates (“Legend”). These facilities were constructed in 1986 and 1990, total 182 beds, and were originally leased to Legend in March 2005 with a purchase option. NHI is deferring the recognition of the gain on the sale of these facilities by utilizing the like-kind exchange rules under Section 1031 of the U.S. Internal Revenue Code.

National Health Investors, Inc. is a healthcare real estate investment trust that specializes in the financing of healthcare real estate by purchase and leaseback transactions and by mortgage loans. NHI’s investments involve skilled nursing facilities, assisted living facilities, independent living facilities, medical office buildings, an acute psychiatric hospital and an acute care hospital. The common stock of the company trades on the New York Stock Exchange with the symbol NHI. Additional information about NHI, including its most recent press releases, may be obtained on NHI's 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 may 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. Investors are urged to carefully review and consider the various disclosures made by NHI in its periodic reports filed with the Securities and Exchange Commission, including the risk factors and other information disclosed in NHI’s Annual Report on Form 10-K for the most recently ended fiscal year. Copies of these filings are available at no cost on the SEC's web site at http://www.sec.gov or on NHI’s web site at http://www.nhinvestors.com

EX-99 3 pressrelease_july12010.htm EXHIBIT 99-2, PRESS RELEASE DATED JULY 1, 2010 - PURCHASE/LEASEBACK TRANSACTION Exhibit 99 to Form 8-k filed July 2, 2010

Exhibit 99-2

Contact: Roger R. Hopkins, Chief Accounting Officer

Phone: (615) 890-9100

NHI Announces $11.5 Million Purchase/Leaseback Transaction of Three Assisted Living Facilities

MURFREESBORO, Tenn. – (July 1, 2010) – National Health Investors, Inc. (NYSE:NHI) announced today it has closed a $11.5 million purchase/leaseback transaction with Bickford Senior Living and its affiliates (“Bickford”) involving two assisted living facilities in Iowa and one in Indiana. The assisted living communities, two of which were built in 1998 and one in 2005, total 102 units and attract 100% private payment for services. The purchase price was funded from NHI’s revolving credit facility. The three facilities are being leased to Bickford over 15 years at an initial lease amount of $1,035,000 plus annual fixed escalators. The purchase of the three facilities brings the master lease with Bickford to a total of eight facilities.

Justin Hutchens, NHI President and COO stated, “NHI is excited to add three more high-quality assisted living facilities to our portfolio while expanding our relationship with Bickford Senior Living."

Bickford Senior Living, headquartered in Olathe, Kansas, operates over 40 assisted living, independent living and memory care facilities in Kansas, Iowa, Illinois, Indiana, Missouri, Nebraska and Michigan.