National Health Investors, Inc. reported a strong first quarter with net income attributable to common stockholders at $1.37 per diluted common share and AFFO at $1.29 per diluted common share. The company announced or completed $173.2 million in real estate and mortgage note investments and maintained a low leverage balance sheet.
GAAP net income attributable to common stockholders of $1.37 per diluted common share
AFFO of $1.29 per diluted common share
Announced or completed $173.2 million in real estate and mortgage note investments
Maintained low leverage balance sheet at 4.7x net debt-to-annualized adjusted EBITDA
Due to the lack of visibility caused by this pandemic on our operators and our business, the Company is withdrawing its full year 2020 guidance.