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BRIEF-NHI Announces $35.1 Mln Acquisition of Tulsa Assisted Living Community
December 4, 2017 / 11:15 AM / in 8 days

BRIEF-NHI Announces $35.1 Mln Acquisition of Tulsa Assisted Living Community

Dec 4 (Reuters) - National Health Investors Inc:

* NHI ANNOUNCES $35.1 MILLION ACQUISITION OF TULSA, OK INDEPENDENT LIVING AND ASSISTED LIVING COMMUNITY

* NATIONAL HEALTH INVESTORS - ‍ ACQUIRED COUNTRY CLUB OF WOODLAND HILLS, A 200-UNIT INDEPENDENT LIVING AND ASSISTED LIVING COMMUNITY IN TULSA, OKLAHOMA​

* NATIONAL HEALTH INVESTORS INC - ‍ACQUISITION WAS FUNDED WITH A DRAW ON NHI‘S REVOLVING CREDIT FACILITY​

* NATIONAL HEALTH INVESTORS INC - ‍FACILITY WILL BE LEASED TO NHI‘S CURRENT TENANT, DISCOVERY SENIOR LIVING, FOR A TERM OF 15 YEARS, WITH RENEWAL OPTIONS​ Source text for Eikon: Further company coverage:

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