National Healthcare Properties — Q3 2026 Earnings Summary

National Healthcare Properties reported third-quarter 2026 net income of $0.24 per diluted share, driven by a 13.6% year-over-year increase in SHOP Same Store Cash NOI. The company completed $300 million in SHOP acquisitions during the quarter and expects to fully exit its Outpatient Medical Facility segment with total dispositions projected at $1.1 billion for the full year. Net leverage improved significantly to 5.5x as the company utilized proceeds from new credit facilities and asset sales to reduce secured debt. Additionally, the company revised its full-year 2026 guidance to reflect SHOP segment outperformance and increased acquisition targets ranging from $425 million to $645 million.