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National Health Investors Inc Announces $135 Million Acquisition Of 17 Assisted Living Communities

Monday, 1 Jul 2013 06:10am EDT 

National Health Investors Inc announced that its RIDEA joint-venture with Bickford Senior Living has acquired 17 assisted living and memory care communities for a total purchase price of $135 million. NHI owns 85% of the joint-venture and Bickford owns 15%. The acquisition brings the total number of properties in the joint-venture to 30, of which 3 are under construction. Wells Fargo Securities, LLC served as financial advisor to NHI on this transaction. 

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23 Jan 2015