National Healthcare Properties Sells 30 Medical Facilities, Nets ~$79M

What Happened
On September 10, 2026, National Healthcare Properties, Inc. (through subsidiaries of its operating partnership) closed the first tranche of a previously announced sale of an 86-property outpatient medical facility portfolio. This tranche included 30 properties and generated approximately $79 million in net cash proceeds at closing (before transaction expenses, operating prorations and other adjustments). The sale was to an unaffiliated third-party buyer under a Purchase and Sale Agreement dated May 4, 2026.

Key Details

• First tranche closed: September 10, 2026 (30 properties sold).
• Total portfolio announced: 86 outpatient medical facilities.
• Cash proceeds at closing: ~ $79 million (net, before expenses and adjustments).
• Secured debt repaid in connection with the sale: ~ $119 million, including ~ $60 million of debt that encumbered other OMFs not part of this tranche.
• Transaction parties: Sellers (NHP subsidiaries) and an unaffiliated Buyer; no material relationships between them.

Why It Matters
The transaction provides NHP with immediate liquidity (~$79M) and reduces secured indebtedness by roughly $119M, which can affect leverage and interest obligations. Investors should note the sale reduces the company’s portfolio and will likely affect future rental income tied to the sold properties; proceeds reported are before transaction costs and adjustments. The company filed this information on Form 8-K (signed by CFO Andrew T. Babin).