Senior Housing REIT Eyes IPO After Posting Years Of Losses
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National Healthcare Properties, a senior housing REIT, is considering an initial public offering (IPO) despite posting years of losses. The company plans to use proceeds from the IPO to pay down debt and potentially fund new acquisitions, with its portfolio including 41 senior housing complexes and 133 outpatient medical facilities across 30 states.
National Healthcare Properties is considering a plan to go public. The New York-based REIT has posted losses in recent years, including a $58M net loss in 2025. Its properties generated a $203M loss in 2024 and an $86M loss in 2023. The REIT's portfolio includes 41 senior housing complexes and 133 outpatient medical facilities across 30 states. The company plans to use IPO proceeds to pay down debt and potentially fund new acquisitions. The IPO's lead bookrunners are Wells Fargo Securities, Morgan Stanley, and BMO Capital Markets.
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