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National Health raises FY25 normalized FFO view to $4.68-$4.73 from $4.59-$4.66

Consensus $4.64. Mendelsohn continued, “The balance sheet continues to be in great shape and strategically positions NHI to execute on the acquisition opportunity in a very active senior housing pipeline. We have already announced investments of $174.9 million year-to-date at an average initial yield of 8.2% and we are evaluating a pipeline of approximately $264.0 million, including SHOP deals. We are also making progress on internal SHOP conversions which we expect to increase our organic growth profile.”

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