UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
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FORM 8-K | |
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CURRENT REPORT PURSUANT | |
TO SECTION 13 OR 15(d) OF THE | |
SECURITIES EXCHANGE ACT OF 1934 | |
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Date of Report (Date of earliest event reported): July 5, 2011 (June 30, 2011) | |
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National Health Investors, Inc. | |
(Exact name of Registrant as specified in its charter) | |
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Maryland | |
(State or Other Jurisdiction of Incorporation) | |
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001-10822 | 62-1470956 |
(Commission File No.) | (IRS Employer |
| Identification Number) |
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222 Robert Rose Drive | |
Murfreesboro, TN 37129 | |
(Address of principal executive offices, including zip code) | |
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(615) 890-9100 | |
(Registrants telephone number, including area code) | |
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Not Applicable | |
(Former name or former address, if changed since last report) |
Item 2.01 Completion of Acquisition or Disposition of Assets.
On June 30, 2011, National Health Investors, Inc. (The Company) announced the completion of the funding of a previously announced construction loan of $11,870,000 to Sante Mesa, LLC. 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 |
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99.1 | Press Release dated June 30, 2011, NHI Completes Funding of $11.9 Million Construction Loan for Arizona Transitional Rehabilitation Center. |
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. |
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| By: /s/Roger R. Hopkins |
| Name: Roger R. Hopkins |
| Title: Chief Accounting Officer |
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Date: July 5, 2011 |
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Exhibit 99.1
Contact: Roger R. Hopkins, Chief Accounting Officer
Phone: (615) 890-9100
NHI Completes Funding of $11.9 Million Construction Loan For Arizona Transitional Rehabilitation Center
MURFREESBORO, Tenn. (June 30, 2011) - National Health Investors, Inc. (NYSE:NHI) announced today it has completed funding of the previously announced construction loan of $11,870,000 to Sante Mesa, LLC. The interest rate is 10% and the loan maturity is May 31, 2015. The 70-patient room transitional rehabilitation center is located in Mesa, Arizona. Construction on the facility known as Sante of Mesa began in June 2010 and opened in May of 2011. NHI has the option to purchase and lease back the facility when it reaches a predetermined level of stabilized net operating income.
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. NHIs 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 NHIs 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 NHIs website at http://www.nhinvestors.com.
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