8-K

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): December 17, 2014

NATIONAL HEALTH INVESTORS, INC.

(Exact name of registrant as specified in its charter)

Maryland	001-10822	62-1470956
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

222 Robert Rose Drive

Murfreesboro, Tennessee 37129

(Address of principal executive offices)

(615) 890-9100

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.01.Completion of Acquisition or Disposition of Assets.

On December 17, 2014, National Health Investors, Inc. (the “Company”) acquired a portfolio of eight retirement communities (the “Senior Living Communities Portfolio”), with a total of 1,671 units, for a cash purchase price of $476 million, pursuant to the Asset Purchase Agreement between the Company and Senior Living Communities, LLC (“Senior Living Communities”) and certain of its affiliates dated December 1, 2014 which was previously announced and disclosed in the Company’s Current Report on Form 8-K that was filed with the Securities and Exchange Commission on December 1, 2014. The Senior Living Communities Portfolio has been leased to Senior Living Communities pursuant to a 15-year master lease and will continue to be managed by an affiliate of Senior Living Communities.

On December 17, 2014, the Company issued a press release announcing the acquisition of the Senior Living Communities Portfolio. The press release is attached to this Current Report as Exhibit 99.1.

Item 9.01.Financial Statements and Exhibits.

(a) Financial Statements of Businesses Acquired. It is impracticable for the Company to provide the required financial statements and pro forma financial information relating to the acquisition of the Senior Living Communities Portfolio at the time this Current Report on Form 8-K is filed. The required financial statements and pro form financial information will be filed as soon as practicable but in no event later than 71 calendar days after the date this Current Report on Form 8-K is required to be filed.

(b) Pro Forma Financial Information. See paragraph (a), above.

(c) Not applicable.

(d) Exhibits.

Exhibit

NumberTitle

99.1Press Release dated December 17, 2014.

SIGNATURE

Pursuant to the requirements of the Securities 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.
Date: December 18, 2014	By:	/s/ J. Justin Hutchens
		J. Justin Hutchens
		President and Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Exhibit Description
99.1	Press Release dated December 17, 2014.

EX-99.1

Exhibit 99.1

NHI Completes Acquisition of Eight Communities for $476 Million

Contact: Roger R. Hopkins, Chief Accounting Officer

Phone: (615) 890-9100

MURFREESBORO, Tenn.--(December 17, 2014) -- National Health Investors, Inc. (NYSE:NHI) announced today it has closed the previously announced transaction to acquire eight senior housing communities for $476 million.

All eight communities are leased to Senior Living Communities, LLC (“SLC”) and will continue to be managed by an SLC affiliate. The 15-year master lease equates to an initial gross cash yield of 6.51% of the purchase price and has annual escalators of 4% in years two through four and annual escalators of 3% thereafter. In connection with the acquisition, NHI will provide SLC a $15 million working capital line of credit. Borrowings will be used to finance construction projects within the SLC-leased portfolio, including building additional units at several of the communities.

Justin Hutchens, NHI’s CEO and President stated, “We are pleased to begin our new relationship with Senior Living Communities with this conservatively funded, accretive acquisition.”

NHI funded the acquisition with cash proceeds of a previously announced equity offering and borrowings on its revolving credit facility.

About National Health Investors

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 and specialty hospitals. For more information, visit www.nhireit.com.