0000877860-11-000024.txt : 20110505 0000877860-11-000024.hdr.sgml : 20110505 20110505100056 ACCESSION NUMBER: 0000877860-11-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110505 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110505 DATE AS OF CHANGE: 20110505 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: 11812933 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 f8kselahacq5411.htm FORM 8-K FOR PRESS RELEASE ANNOUNCING ACQUISITION Form 8-K, Item 2.01 Completion of Acquisition of Assets




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): May 5, 2011 (May 5, 2011)

      

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 May 5, 2011, National Health Investors, Inc. (“The Company”) announced the $15 million purchase of four assisted living and memory care communities.  A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.


Item 9.01 Financial Statements and Exhibits.


Exhibit Index


Number

Exhibit

     

     

99.1

Press Release dated May 5, 2011, “NHI Announces $15 Million Purchase of Four Assisted Living and Memory Care Communities.”



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: May 5, 2011

 





 EX-99 2 ex99_selah.htm EXHIBIT 99.1 - PRESS RELEASE DATED MAY 5, 2011 Exhibit 99.1 - Press Release Dated May 5, 2011

    

Exhibit 99.1


Contact: Roger R. Hopkins, Chief Accounting Officer

Phone: (615) 890-9100


NHI Announces $15 Million Purchase

of Four Assisted Living and Memory Care Communities


MURFREESBORO, Tenn. – (May 5, 2011) National Health Investors, Inc. (NYSE:NHI) announced today it has closed a $15 million purchase of four assisted living and memory care communities totaling 183 units in Louisiana and has leased those communities to Selah SeniorCare III and managed by Selah Management Group.  The purchase price was funded from NHI’s revolving credit facility.


The four facilities, which are on average 13 years old and attract private payment for services, are being leased to Selah SeniorCare III and managed by Selah Management Group for 15 years at an initial lease rate of $1,275,000 plus annual fixed escalators.  In addition to the Louisiana facilities, Selah Management Group operates 11 assisted living and memory care communities in Florida, Mississippi and Texas.  


Justin Hutchens, NHI’s CEO and President stated, “The Selah management team has experience operating high quality assisted living communities for years, and has a strong track record.  NHI is pleased to work with them to expand their operations into Louisiana with such well-located and stabilized communities.”


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, an acute care hospital and a transitional rehabilitation center.  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 website 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 website at http://www.sec.gov or on NHI’s website at http://www.nhinvestors.com.



-END-