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GlobeNewswire·

National Healthcare Properties Completes Sale of 30 Multi-Tenant OMFs for $198 Million

  • National Healthcare Properties completed the first tranche sale of 86 outpatient medical facilities for approximately $528 million.
  • The transaction generated net cash proceeds of $79 million after repaying $119 million in secured debt.
  • The company repaid Secured Term Loan 1 (due 2028) and Secured Term Loan 3 (due 2031), including $60 million of debt on properties not included in this specific sale.
  • The remaining 56 outpatient medical facilities are expected to close in the fourth quarter of 2026.
  • The closing of the remaining properties is subject to the buyer assuming approximately $220 million of secured debt related to Secured Term Loan 4 due in 2033.