National Healthcare Properties To Sell 40 Outpatient Medical Facilities For ~$531M; Announced Transactions Expected To Reduce Net Debt To Further Adjusted EBITDA To 0X Based On Q2 2026 Financials

National Healthcare Properties has entered into a definitive agreement to sell 40 outpatient medical facilities for approximately $531 million, which reflects a nominal cap rate of 6.9%. The company expects to receive about $511 million in cash proceeds after expenses, which will be used to repay debt and fund future acquisitions. Following this transaction, the company's net debt to further adjusted EBITDA is projected to be approximately 0x by Q2 2026. Additionally, the company has signed a non-binding letter of intent for four more facilities, aiming to fully exit the outpatient medical facility segment.