National Healthcare Properties, Inc. (NHP) NHP
National Healthcare Properties, Inc. (NHP) operates as a real estate investment trust (REIT), concentrating its efforts on acquiring, owning, and overseeing a varied portfolio of properties within the healthcare industry. The company's activities are organized into two primary divisions: Outpatient Medical Facilities (OMF) and Senior Housing Operating Properties (SHOP). The OMF segment covers an array of facilities, including senior living developments, hospitals, inpatient rehabilitation centers, and skilled nursing facilities, which are all leased to various healthcare-related entities via long-term agreements. In contrast, the SHOP segment involves direct equity investments in senior housing communities. These locations predominantly offer services such as assisted living, independent living, and specialized memory care, with their daily operations managed by independent third-party firms. NHP was founded on October 15, 2012, and its corporate headquarters are situated in New York, NY.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-20 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-13) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model NHP yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $342.28M | $-57.62M | $78.26M | $82.02M | $6.95M |
| 2024 | $353.79M | $-189.70M | $84.07M | $-36.49M | $-79.85M |
| 2023 | $345.93M | $-72.30M | $82.87M | $76.87M | $21.62M |
| 2022 | $335.85M | $-79.49M | $82.06M | $54.38M | — |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-10-09 | 2026-10-12 | 2026-10-16 | 2026-10-01 | $0.07 | Quarterly |
| 2026-07-15 | 2026-07-15 | 2026-07-30 | 2026-07-01 | $0.07 | Irregular |
Coverage (payout of operating cash flow): 122.19%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — NHP
Head to Head Analysis: National Healthcare Properties (NASDAQ:NHP) & Welltower (NYSE:WELL)
3 High-Yield Dividends Paying Soon. But Your Deadline to Buy Is Days Away
Critical Analysis: National Healthcare Properties (NASDAQ:NHP) vs. CareTrust REIT (NYSE:CTRE)
National Healthcare Properties Announces Conversion of Class A Common Stock into Common Stock
National Healthcare Properties Announces Fourth Quarter 2026 Common Stock Dividend
National Healthcare Properties (NASDAQ:NHP) Sets New 1-Year High – Here’s What Happened
National Healthcare Properties Announces Definitive Agreement to Sell 40 Additional Outpatient Medical Facilities for $531 Million, Signs LOI for Remaining Four OMFs and Provides SHOP Acquisition Pipeline Update
National Healthcare Properties: All Eyes On Capital Recycling
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Health Care REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.