National Health Investors Inc. NHI

What this company does

National Health Investors, Inc., established in 1991 as a Maryland corporation, is a self-managed real estate investment trust. The company operates through two reportable segments, Real Estate Investments and Senior Housing Operating Portfolio (SHOP). As of December 31, 2025, the Real Estate Investments segment consisted of gross real estate investments of $2.7 billion in 176 properties, excluding one property classified as assets held for sale, located in 32 states and leased primarily via triple-net leases to 31 tenants. As of December 31, 2025, the SHOP segment consisted of gross real estate investments of $634.3 million in 26 senior housing communities located in 13 states, comprised of 17 ILFs, six SLCs and three ALFs with a combined total of 3,009 units. For the year ended December 31, 2025, total revenues were $375.6 million, an increase of 12.1% over the prior year, consisting of $271.6 million of rental income, $80.1 million of resident fees and services and $24.0 million of interest and other income. As of December 31, 2025, the company had 32 full-time employees, consisting of 26 employees located in its Murfreesboro, Tennessee corporate office, with one employee in each of Georgia, North Carolina, Oregon and Texas and two employees in Florida.

Written from the business description in National Health Investors, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.