National Health Investors Inc. Announces Executive Changes
August 11, 2015 at 09:00 am EDT
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National Health Investors Inc. announced the resignation of Justin Hutchens, President and Chief Executive Officer, effective August 11, 2015, to become the Executive Vice President and Chief Investment Officer Senior Housing and Care of HCP. Mr. Hutchens will alsoresign his position as a member of the Company's board of directors. Mr. Hutchens will remain at NHI through August to ensure a smooth transition amid his departure. Eric Mendelsohn, who serves as Executive Vice-President of Corporate Finance, has been appointed interim
President and CEO while the Company conducts a search to replace Mr. Hutchens. Mr. Mendelsohn joined NHI in January 2015 and has over 15 years of healthcare real estate and financing experience. Previously, Eric was
with Emeritus Senior Living for nine years, most recently as a Senior Vice President of Corporate Development
where he was responsible for the financing and acquisition of assisted living properties, home health care
companies and executing corporate finance strategies.
National Health Investors, Inc. is a real estate investment trust. The Company specializes in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company operates through two segments: Real Estate Investments and Senior Housing Operating Portfolio. The Real Estate Investments segment consists of real estate investments and lease, mortgage, and other notes receivables in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities and a hospital. It has 163 healthcare real estate properties located in 31 states and leased primarily pursuant to triple-net leases to 25 tenants. The SHOP segment is comprised of two ventures that own the operations of independent living facilities. The SHOP segment has 15 properties located in eight states with a combined 1,733 units.