Blueprint Healthcare Real Estate Advisors Guides National Health Investors in $560 Million Sale of 35-Property Portfolio to National HealthCare Corporation

National Health Investors, Inc. (NYSE: NHI) has announced a planned $560 million sale of a 35-property healthcare portfolio to National HealthCare Corporation (NYSE American: NHC), with Blueprint Healthcare Real Estate Advisors serving as transaction advisor to NHI. The deal is expected to close July 1, 2026, subject to customary closing conditions.

The portfolio comprises 32 skilled nursing facilities and three independent living communities located across multiple U.S. markets. All 35 properties are currently operated by NHC under a long-term master lease agreement. The transaction is part of a broader portfolio repositioning initiative by NHI aimed at shifting its holdings toward private-pay seniors housing assets.

Blueprint Healthcare Real Estate Advisors' Role

Chicago-based Blueprint Healthcare Real Estate Advisors was engaged by NHI to provide strategic transaction guidance as part of the company's broader portfolio repositioning initiative. Executive Managing Directors Brooks Blackmon and Michael Segal, along with Managing Director Akash Vipani, led the advisory assignment on behalf of NHI.

Blueprint, founded in 2013, focuses on seniors housing, skilled nursing, behavioral healthcare, and medical property transactions. The firm reports $18.6 billion in cumulative transaction volume and also offers capital markets advisory services. Blueprint's announcement described the deal as reflecting "continued investor and operator focus on optimizing capital structures and aligning ownership with operations."

Deal Economics and Portfolio Pricing

The transaction is valued at $560 million. Specific deal economics, including cap rate, lease revenue figures, and transaction cost estimates, were not disclosed in the source materials. Individual property names, addresses, and unit counts were also not disclosed in connection with this transaction.

NHI's Strategic Repositioning

The proposed sale is intended to provide NHI with increased financial flexibility and further supports the company's strategic shift toward private-pay seniors housing assets, according to Blueprint's announcement. The disposition is consistent with NHI's broader effort to reposition its portfolio away from skilled nursing facilities and toward private-pay seniors housing. Specific pro forma financial projections were not disclosed in the source materials.

About the Firms

National Health Investors, Inc. is a healthcare real estate investment trust focused on seniors housing and medical facilities. National HealthCare Corporation is an operator of long-term care facilities. Blueprint Healthcare Real Estate Advisors is a Chicago-based advisory firm specializing in seniors housing and healthcare real estate transactions, with expertise spanning skilled nursing, behavioral healthcare, and medical properties, as well as capital markets advisory services.