NHI Acquires 121-Bed Skilled Nursing Facility in Metro Dallas for $14.4M

by Jeff Shaw

WAXAHACHIE, Texas — National Health Investors Inc. (NYSE: NHI), a seniors housing and healthcare REIT, has acquired a 121-bed skilled nursing facility in the southern Dallas metro of Waxahachie for $14.4 million.

NHI will lease the facility, which opened in late 2016, to The Ensign Group, which operates 16 skilled nursing facilities in Texas.

The acquisition was funded by NHI’s revolving credit facility.

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