National Healthcare Properties completes $198 million sale of 30 outpatient medical facilities - NHP News | RalliesNational Healthcare Properties completes $198 million sale of 30 outpatient medical facilities
N
NHP• First tranche sale completed for $198 million
- National Healthcare Properties completed the first tranche sale of 30 outpatient medical facilities for about $198 million.
- The transaction is part of a previously announced plan to sell 86 outpatient medical facilities for about $528 million.
- Net cash proceeds totaled about $79 million, before expenses and adjustments.
- Secured Term Loan 1 due 2028 and Secured Term Loan 3 due 2031 were repaid in full, totaling $119 million.
- Closing of the remaining 56 facilities is expected in Q4 2026, subject to the buyer assuming about $220 million of secured debt.
DDOG
•
