NHI Announces Retirement of Robert Webb from the Board of Directors
National Health Investors (NYSE:NHI) announced the retirement of Robert Webb from its Board of Directors, effective immediately. Webb served on the board for over 34 years since the company's inception in 1991. During his tenure, NHI expanded its healthcare real estate investment and senior housing operating portfolios to exceed $3.0 billion in total gross investments, spanning more than 200 healthcare real estate properties, mortgages, and other notes receivable.
Eric Mendelsohn, NHI President and CEO, acknowledged Webb's instrumental role in the company's growth and extended well wishes for his retirement.
National Health Investors (NYSE:NHI) ha annunciato il ritiro di Robert Webb dal suo Consiglio di Amministrazione, con effetto immediato. Webb ha servito nel consiglio per oltre 34 anni sin dalla fondazione dell'azienda nel 1991. Durante il suo mandato, NHI ha ampliato i suoi portafogli di investimenti immobiliari nel settore sanitario e di operazioni di case per anziani, superando 3,0 miliardi di dollari in investimenti lordi totali, coprendo più di 200 proprietà immobiliari sanitarie, mutui e altri note receivable.
Eric Mendelsohn, Presidente e CEO di NHI, ha riconosciuto il ruolo fondamentale di Webb nella crescita dell'azienda e ha esteso i suoi migliori auguri per la sua pensione.
National Health Investors (NYSE:NHI) anunció la jubilación de Robert Webb de su Junta Directiva, con efecto inmediato. Webb fue miembro de la junta durante más de 34 años desde la fundación de la empresa en 1991. Durante su mandato, NHI amplió sus carteras de inversión en bienes raíces de atención médica y de operaciones de viviendas para personas mayores, superando 3.0 mil millones de dólares en inversiones brutas totales, abarcando más de 200 propiedades inmobiliarias de atención médica, hipotecas y otras cuentas por cobrar.
Eric Mendelsohn, presidente y CEO de NHI, reconoció el papel fundamental de Webb en el crecimiento de la empresa y le extendió sus mejores deseos para su jubilación.
National Health Investors (NYSE:NHI)는 로버트 웨브가 이사회에서 즉시 퇴임한다고 발표했습니다. 웨브는 1991년 회사 창립 이후 34년 이상 이사회에서 활동했습니다. 그의 재직 기간 동안 NHI는 30억 달러 이상의 총 총 투자를 초과하고, 200개 이상의 의료 부동산 자산, 모기지 및 기타 수취채권을 포함하는 의료 부동산 투자 및 노인 주택 운영 포트폴리오를 확대했습니다.
에릭 멘델손 NHI 회장 겸 CEO는 웨브가 회사 성장에 기여한 역할을 인정하고 그의 은퇴에 대한 좋은 소망을 전했습니다.
National Health Investors (NYSE:NHI) a annoncé la retraite de Robert Webb de son Conseil d'Administration, avec effet immédiat. Webb a siégé au conseil pendant plus de 34 ans depuis la création de l'entreprise en 1991. Au cours de son mandat, NHI a élargi ses portefeuilles d'investissement dans l'immobilier de santé et les opérations de logements pour personnes âgées pour dépasser 3,0 milliards de dollars d'investissements bruts totaux, couvrant plus de 200 propriétés immobilières de santé, des hypothèques et d'autres créances.
Eric Mendelsohn, président et PDG de NHI, a reconnu le rôle essentiel de Webb dans la croissance de l'entreprise et lui a adressé ses meilleurs vœux pour sa retraite.
National Health Investors (NYSE:NHI) gab die Rücktritt von Robert Webb aus dem Vorstand bekannt, der sofort wirksam wird. Webb war über 34 Jahre im Vorstand tätig, seit der Gründung des Unternehmens im Jahr 1991. Während seiner Amtszeit hat NHI seine Portfolios für Investitionen in Immobilien des Gesundheitswesens und den Betrieb von Seniorenwohnheimen auf über 3,0 Milliarden Dollar an Gesamtsummeninvestitionen ausgedehnt und umfasst mehr als 200 Immobilien im Gesundheitssektor, Hypotheken und andere Forderungen.
Eric Mendelsohn, Präsident und CEO von NHI, erkannte Webbs entscheidende Rolle beim Wachstum des Unternehmens an und übermittelte seine besten Wünsche für dessen Ruhestand.
- Portfolio growth to over $3.0 billion in total gross investments
- Diversified portfolio across 200+ healthcare real estate properties
- Loss of long-term board member with 34 years of company experience
MURFREESBORO, TN / ACCESS Newswire / February 7, 2025 / National Health Investors, Inc. (NYSE:NHI) announced today that after more than 34 years of leadership and guidance on the NHI Board of Directors, Robert Webb has notified the Board that he is resigning effective immediately.
Robert Webb joined the NHI Board of Directors upon its inception in 1991. Since that time, the Company has grown its diversified healthcare real estate investment and senior housing operating portfolios to over
"On behalf of the Board and all NHI employees, I want to thank Bob for his long serving guidance and support which have been instrumental to NHI's growth. We wish Bob all the best in an active retirement," said Eric Mendelsohn, NHI President and Chief Executive Officer.
About NHI
Incorporated in 1991, National Health Investors, Inc. (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent living, assisted living and memory care communities, entrance-fee retirement communities, skilled nursing facilities, and specialty hospitals. For more information, visit www.nhireit.com.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company's, tenants', operators', borrowers' or managers' expected future financial position, results of operations, cash flows, funds from operations, dividend and dividend plans, financing opportunities and plans, capital market transactions, business strategy, budgets, projected costs, operating metrics, capital expenditures, competitive positions, acquisitions, investment opportunities, dispositions, acquisition integration, growth opportunities, expected lease income, continued qualification as a real estate investment trust ("REIT"), plans and objectives of management for future operations, continued performance improvements, ability to service and refinance our debt obligations, ability to finance growth opportunities, and similar statements including, without limitation, those containing words such as "may", "will", "should", "believes", "anticipates", "expects", "intends", "estimates", "plans", "projects", "likely" and other similar expressions are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from those projected or contemplated in the forward-looking statements. Such risks and uncertainties include, among other things; the operating success of our tenants, managers and borrowers for collection of our lease and interest income; the risk that our tenants, managers and borrowers may become subject to bankruptcy or insolvency proceedings; risks related to the concentration of a significant percentage of our portfolio to a small number of tenants; risks associated with pandemics, epidemics or outbreaks, such as the COVID-19 pandemic, on our operators' business and results of operations; risks related to governmental regulations and payors, principally Medicare and Medicaid, and the effect that changes to laws, regulations and reimbursement rates would have on our tenants' and borrowers' business; the risk that the cash flows of our tenants, managers and borrowers may be adversely affected by increased liability claims and liability insurance costs; the risk that we may not be fully indemnified by our tenants, managers and borrowers against future litigation; the success of property development and construction activities, which may fail to achieve the operating results we expect; the risk that the illiquidity of real estate investments could impede our ability to respond to adverse changes in the performance of our properties; risks associated with our investments in unconsolidated entities, including our lack of sole decision-making authority and our reliance on the financial condition of other interests; risks related to our joint venture investment with Life Care Services for Timber Ridge; inflation and increased interest rates; adverse developments affecting the financial services industry, including events or concerns involving liquidity, defaults, or non-performance by financial institutions; operational risks with respect to our SHOP structured communities; risks related to our ability to maintain the privacy and security of Company information; risks related to environmental laws and the costs associated with liabilities related to hazardous substances; the risk of damage from catastrophic weather and other natural or man-made disasters and the physical effects of climate change; the success of our future acquisitions and investments; our ability to reinvest cash in real estate investments in a timely manner and on acceptable terms; competition for acquisitions may result in increased prices for properties; our ability to retain our management team and other personnel and attract suitable replacements should any such personnel leave; the risk that our assets may be subject to impairment charges; our ability to raise capital through equity sales is dependent, in part, on the market price of our common stock, and our failure to meet market expectations with respect to our business, or other factors we do not control, could negatively impact such market price and availability of equity capital; the potential need to refinance existing debt or incur additional debt in the future, which may not be available on terms acceptable to us; our ability to meet covenants related to our indebtedness which impose certain operational limitations and a breach of those covenants could materially adversely affect our financial condition and results of operations; downgrades in our credit ratings could have a material adverse effect on our cost and availability of capital; we rely on external sources of capital to fund future capital needs, and if we encounter difficulty in obtaining such capital, we may not be able to make future investments necessary to grow our business or meet maturing commitments; our dependence on revenues derived mainly from fixed rate investments in real estate assets, while a portion of our debt bears interest at variable rates; our ability to pay dividends in the future; legislative, regulatory, or administrative changes; and our dependence on the ability to continue to qualify for taxation as a real estate investment trust and other risks which are described under the heading "Risk Factors" in Item 1A in our Form 10-K for the year ended December 31, 2024 and under the heading "Risk Factors" in Item 1A in our Form 10-Q for the quarter ended June 30, 2024. Many of these factors are beyond the control of the Company and its management. The Company assumes no obligation to update any of the foregoing or any other forward looking statements, except as required by law, and these statements speak only as of the date on which they are made. Investors are urged to carefully review and consider the various disclosures made by NHI in its periodic reports filed with the Securities and Exchange Commission, including the risk factors and other information in the above referenced Form 10-K and Form 10-Q. Copies of these filings are available at no cost on the SEC's web site at https://www.sec.gov or on NHI's web site at https://www.nhireit.com.
CONTACT:
Dana Hambly, Vice President, Finance & Investor Relations
Phone: (615) 890-9100
SOURCE: National Health Investors
View the original press release on ACCESS Newswire
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