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National Health Investors: NHI Provides Business Update
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National Health Investors: NHI Announces Second Quarter 2021 Earnings Release and Conference Call Dates
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Benzinga s Top Ratings Upgrades, Downgrades For June 18, 2021
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National Health Investors: NHI Provides Business Update
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National Health Investors: NHI Provides Business Update and Declares Second Quarter 2021 Dividend
Holiday Deferral Agreement
NHI has reached an agreement with Holiday that defers rent of $600,000 per month for May, June, and July of 2021. The Company also agreed to release $600,000 per month to be applied to rent for May, June, and July of 2021 from the Holiday security deposit which totaled $10.6 million prior to this deferral agreement. The remaining monthly base rent of $1.7 million will be paid in cash. Deferred payments under this agreement accrue interest at 8% and are expected to be repaid over 18 months commencing January 1, 2022. NHI continues to evaluate actions to optimize the Holiday portfolio which may include further deferrals, asset sales, and lease restructurings.