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National Healthcare Properties Inc SEC Filings

NHPAP NASDAQ

Welcome to our dedicated page for National Healthcare Properties SEC filings (Ticker: NHPAP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The SEC filings page for National Healthcare Properties, Inc. 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (Nasdaq: NHPAP) provides access to the issuer’s regulatory documents filed with the U.S. Securities and Exchange Commission. NHPAP is a series of cumulative redeemable perpetual preferred stock issued by National Healthcare Properties, Inc., a self-managed healthcare real estate investment trust that focuses on seniors housing and outpatient medical facilities.

Through this page, users can review the company’s annual reports on Form 10-K and quarterly reports on Form 10-Q, which describe the performance of the seniors housing operating property (SHOP) and outpatient medical facility (OMF) segments, discuss risk factors and outline the REIT’s use of non-GAAP measures such as Funds from Operations (FFO), Adjusted Funds from Operations (AFFO), Adjusted EBITDA, NOI and Cash NOI. These filings help investors understand the operating results and cash flow metrics that support dividends on securities like NHPAP.

The page also includes current reports on Form 8-K, where National Healthcare Properties discloses material events such as new or amended credit facilities, changes in executive leadership, board and governance actions, amendments to rights agreements and other significant developments. For example, 8-K filings describe the company’s senior unsecured credit facility, employment agreements with key executives, board declassification and bylaw amendments, and changes to rights associated with its common stock.

In addition, investors can access filings related to preferred stock dividends, capital structure changes and other matters affecting the rights of preferred holders. Stock Titan’s platform pairs these filings with AI-powered summaries that explain key terms, highlight important covenants and governance changes and clarify how reported metrics like Net Debt and Net Debt to Annualized Adjusted EBITDA relate to the company’s leverage.

By using this SEC filings page, users can quickly locate and interpret the official documents that define National Healthcare Properties’ financial reporting, capital structure and governance framework as they relate to NHPAP and the broader REIT.

Rhea-AI Summary

National Healthcare Properties, Inc. director Leslie D. Michelson received a grant of 7,446 LTIP Units on May 15, 2026 as equity compensation. These LTIP Units will vest on May 15, 2027, subject to his continued service through that date.

After vesting and certain events, each LTIP Unit can be converted into an OP Unit and then redeemed for cash or, at the company’s election, one share of common stock or its cash value on a one-for-one basis. Following this grant, Michelson holds 19,946 LTIP Units and 95,971 shares of common stock directly.

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National Healthcare Properties, Inc. director Leslie D. Michelson received a grant of 7,446 LTIP Units on May 15, 2026 as equity compensation. These LTIP Units will vest on May 15, 2027, subject to his continued service through that date.

After vesting and certain events, each LTIP Unit can be converted into an OP Unit and then redeemed for cash or, at the company’s election, one share of common stock or its cash value on a one-for-one basis. Following this grant, Michelson holds 19,946 LTIP Units and 95,971 shares of common stock directly.

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Humphrey Scott reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Humphrey Scott received a grant of 9,935 LTIP Units on May 15, 2026 as compensation. These LTIP Units are convertible into 9,935 OP Units and ultimately redeemable for either cash or an equal number of common shares. Following this award, Scott holds 22,435 LTIP Units in total. The LTIP Units will vest on May 15, 2027, conditioned on continued service, and do not have expiration dates.

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Humphrey Scott reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Humphrey Scott received a grant of 9,935 LTIP Units on May 15, 2026 as compensation. These LTIP Units are convertible into 9,935 OP Units and ultimately redeemable for either cash or an equal number of common shares. Following this award, Scott holds 22,435 LTIP Units in total. The LTIP Units will vest on May 15, 2027, conditioned on continued service, and do not have expiration dates.

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Weil Edward M Jr. reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Edward M. Weil Jr. received a grant of 7,446 LTIP Units as equity-based compensation. The LTIP Units are convertible into an equivalent number of operating partnership units, which can be redeemed for cash or, at the company’s election, shares of common stock on a one-for-one basis.

The LTIP Units vest on May 15, 2027, subject to his continued service through that date. After this grant, he holds 19,946 LTIP Units and 3,110 shares of common stock directly.

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Weil Edward M Jr. reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Edward M. Weil Jr. received a grant of 7,446 LTIP Units as equity-based compensation. The LTIP Units are convertible into an equivalent number of operating partnership units, which can be redeemed for cash or, at the company’s election, shares of common stock on a one-for-one basis.

The LTIP Units vest on May 15, 2027, subject to his continued service through that date. After this grant, he holds 19,946 LTIP Units and 3,110 shares of common stock directly.

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Tuppeny Elizabeth K. reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Elizabeth K. Tuppeny received a grant of 7,446 LTIP Units, each tied to an equivalent number of common shares. These LTIP Units vest on May 15, 2027, and can ultimately be settled in cash or common stock on a one-for-one basis.

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Tuppeny Elizabeth K. reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Elizabeth K. Tuppeny received a grant of 7,446 LTIP Units, each tied to an equivalent number of common shares. These LTIP Units vest on May 15, 2027, and can ultimately be settled in cash or common stock on a one-for-one basis.

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Penn Buddie J reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Buddie J. Penn received a grant of 7,446 LTIP Units on May 15, 2026 as equity compensation. These LTIP Units will vest on May 15, 2027, subject to continued service, and are ultimately redeemable for cash or, at the issuer’s election, an equal number of common shares. After this grant, Penn holds 19,946 LTIP Units and 7,697 shares of common stock directly.

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Penn Buddie J reported acquisition or exercise transactions in this Form 4 filing.

National Healthcare Properties, Inc. director Buddie J. Penn received a grant of 7,446 LTIP Units on May 15, 2026 as equity compensation. These LTIP Units will vest on May 15, 2027, subject to continued service, and are ultimately redeemable for cash or, at the issuer’s election, an equal number of common shares. After this grant, Penn holds 19,946 LTIP Units and 7,697 shares of common stock directly.

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National Healthcare Properties, Inc. Schedule 13G shows that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report shared voting and dispositive power over 2,492,039 shares of Class A common stock, representing 5.6% of the class. The filing is part of a joint filing agreement dated May 15, 2026.

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National Healthcare Properties, Inc. Schedule 13G shows that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report shared voting and dispositive power over 2,492,039 shares of Class A common stock, representing 5.6% of the class. The filing is part of a joint filing agreement dated May 15, 2026.

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National Healthcare Properties, Inc. launched concurrent cash tender offers of up to $100 million in aggregate to repurchase its 7.375% Series A and 7.125% Series B cumulative redeemable perpetual preferred stock.

Both series are offered at $22.50 per share, less any applicable withholding taxes and without interest. The offers commence on May 18, 2026 and are intended to expire at 5:00 p.m. New York City time on June 16, 2026, unless extended or terminated. The company plans to fund the repurchases with available cash.

Series A shares have higher purchase priority than Series B, and within each offer, holders of fewer than 100 shares who tender all their holdings receive “odd lot” priority. If tenders exceed the $100 million cap, Series B tenders may be prorated. The offers are not contingent on financing or any minimum number of shares, but remain subject to other conditions detailed in a forthcoming Offer to Purchase and related Schedule TO materials.

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National Healthcare Properties, Inc. launched concurrent cash tender offers of up to $100 million in aggregate to repurchase its 7.375% Series A and 7.125% Series B cumulative redeemable perpetual preferred stock.

Both series are offered at $22.50 per share, less any applicable withholding taxes and without interest. The offers commence on May 18, 2026 and are intended to expire at 5:00 p.m. New York City time on June 16, 2026, unless extended or terminated. The company plans to fund the repurchases with available cash.

Series A shares have higher purchase priority than Series B, and within each offer, holders of fewer than 100 shares who tender all their holdings receive “odd lot” priority. If tenders exceed the $100 million cap, Series B tenders may be prorated. The offers are not contingent on financing or any minimum number of shares, but remain subject to other conditions detailed in a forthcoming Offer to Purchase and related Schedule TO materials.

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National Healthcare Properties, Inc. entered into a definitive purchase and sale agreement to sell a portfolio of 86 outpatient medical facilities for approximately $528 million, including about $278 million of secured debt to be defeased or assumed by the purchaser.

The agreement with an unaffiliated third party includes customary representations, covenants and post-closing obligations. The transaction is expected to close in the third or fourth quarter of 2026, subject to the purchaser’s due diligence, lender approval of loan assumptions and other customary closing conditions. This Form 8‑K/A amends the prior report solely to correct a typographical error.

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Rhea-AI Summary

National Healthcare Properties, Inc. entered into a definitive purchase and sale agreement to sell a portfolio of 86 outpatient medical facilities for approximately $528 million, including about $278 million of secured debt to be defeased or assumed by the purchaser.

The agreement with an unaffiliated third party includes customary representations, covenants and post-closing obligations. The transaction is expected to close in the third or fourth quarter of 2026, subject to the purchaser’s due diligence, lender approval of loan assumptions and other customary closing conditions. This Form 8‑K/A amends the prior report solely to correct a typographical error.

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National Healthcare Properties, Inc. reported results of its 2026 annual stockholder meeting. Stockholders present in person or by proxy held 14,327,574 common shares out of 28,412,183 entitled to vote, representing approximately 50.42% of voting power, which established a quorum.

All six director nominees — Leslie D. Michelson, Scott W. Humphrey, Elizabeth K. Tuppeny, B.J. Penn, Edward M. Weil, Jr. and Michael Anderson — were elected to serve until the 2027 annual meeting. Stockholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026.

In advisory votes, stockholders approved the resolution on the compensation of named executive officers and supported holding this advisory vote every year. Based on these results, the board determined that say-on-pay advisory votes will be held annually until at least the 2032 annual meeting.

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Rhea-AI Summary

National Healthcare Properties, Inc. reported results of its 2026 annual stockholder meeting. Stockholders present in person or by proxy held 14,327,574 common shares out of 28,412,183 entitled to vote, representing approximately 50.42% of voting power, which established a quorum.

All six director nominees — Leslie D. Michelson, Scott W. Humphrey, Elizabeth K. Tuppeny, B.J. Penn, Edward M. Weil, Jr. and Michael Anderson — were elected to serve until the 2027 annual meeting. Stockholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026.

In advisory votes, stockholders approved the resolution on the compensation of named executive officers and supported holding this advisory vote every year. Based on these results, the board determined that say-on-pay advisory votes will be held annually until at least the 2032 annual meeting.

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National Healthcare Properties reported a larger net loss for Q1 2026 while reshaping its balance sheet and portfolio. Revenue from tenants was $86.3 million, roughly flat year over year, but net loss widened to $4.3 million, or $0.27 per share, mainly because 2025 benefited from a large gain on property sales that did not recur.

Property operating costs declined and no impairments were recorded, lifting total NOI for the SHOP and OMF segments to $33.4 million, up from $28.6 million. The company ended the quarter with $2.2 billion of real estate investments at cost and total debt of $1.04 billion, a leverage ratio of about 45%.

Subsequent to quarter-end, the company completed a $531.3 million Class A common stock offering, repaid $186.0 million on its revolving credit facility, agreed to sell a portfolio of 86 outpatient medical facilities for approximately $528.2 million including debt defeasance or assumption, and signed agreements to acquire three senior housing communities for roughly $125 million in total. These steps collectively point to an active capital recycling and deleveraging strategy focused on senior housing and selective outpatient assets.

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Rhea-AI Summary

National Healthcare Properties reported a larger net loss for Q1 2026 while reshaping its balance sheet and portfolio. Revenue from tenants was $86.3 million, roughly flat year over year, but net loss widened to $4.3 million, or $0.27 per share, mainly because 2025 benefited from a large gain on property sales that did not recur.

Property operating costs declined and no impairments were recorded, lifting total NOI for the SHOP and OMF segments to $33.4 million, up from $28.6 million. The company ended the quarter with $2.2 billion of real estate investments at cost and total debt of $1.04 billion, a leverage ratio of about 45%.

Subsequent to quarter-end, the company completed a $531.3 million Class A common stock offering, repaid $186.0 million on its revolving credit facility, agreed to sell a portfolio of 86 outpatient medical facilities for approximately $528.2 million including debt defeasance or assumption, and signed agreements to acquire three senior housing communities for roughly $125 million in total. These steps collectively point to an active capital recycling and deleveraging strategy focused on senior housing and selective outpatient assets.

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FAQ

How many National Healthcare Properties (NHPAP) SEC filings are available on StockTitan?

StockTitan tracks 70 SEC filings for National Healthcare Properties (NHPAP), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for National Healthcare Properties (NHPAP)?

The most recent SEC filing for National Healthcare Properties (NHPAP) was filed on May 19, 2026.