National Healthcare Properties sells $528M outpatient medical facilities portfolio to focus on SHOP segment.

National Healthcare Properties announced the sale of 86 outpatient medical facilities for about $528 million, accelerating its shift toward a SHOP-dominant portfolio. The sale will reduce debt by approximately $278 million and generate around $250 million in cash proceeds, which will be used alongside recent IPO funds for debt reduction and new SHOP acquisitions. The company expects the transaction to close in late 2026 and aims to strengthen its balance sheet while focusing on higher-value SHOP assets.