NHI Welcomes Robert W. Chapin, Jr. to Board of Directors

Introduction of Robert W. Chapin, Jr.

National Health Investors, Inc. (NYSE:NHI), a prominent real estate investment trust, has announced the appointment of Robert W. Chapin, Jr. to its Board of Directors, effective immediately. Chapin is recognized for his extensive expertise in the senior housing and medical real estate sectors, which is anticipated to be beneficial as NHI navigates future growth opportunities.

Expertise and Background

Mr. Chapin has cultivated a rich career over the past three decades in various roles related to private equity and real estate investments. Most recently, he served as the founder and CEO of Bridge Seniors Housing Fund Manager LLC, managing investments in senior housing until December 2023. Additionally, he is the executive chairman of Channel Marker Advisors, LLC, a position he has held since 2024.

His past roles also include CEO of Servant Capital Group and involvement with CNL Retirement Properties. Mr. Chapin remains actively engaged in the investment landscape as a member of several industry boards, including the Apollo Diversified Real Estate Funds.

Strategic Role within NHI

In his new capacity, Mr. Chapin will also be part of a special committee of disinterested directors tasked with negotiating and reviewing potential lease agreements between NHI and its affiliates. This role is crucial, particularly as the company seeks to optimize its real estate portfolio and explore alternative strategic options.

Company Response

Eric Mendelsohn, President and CEO of NHI, expressed enthusiasm about Chapin’s addition to the Board. Mendelsohn emphasized that Chapin’s substantial experience in the senior housing sector is essential for fostering long-term shareholder value during this pivotal growth phase for NHI.

Company Overview

NHI specializes in various real estate activities, including sale-leasebacks and joint ventures focused on senior living communities and medical properties. With a diverse portfolio ranging from independent living to skilled nursing facilities, the company aims to leverage its assets effectively under Chapin's guidance and expertise.

Key Takeaways

Robert W. Chapin, Jr. has been appointed to the NHI Board of Directors, effective immediately.

Chapin brings over 30 years of experience in senior housing and real estate investments.

He will serve on a committee to negotiate potential leases for NHI.

NHI President Eric Mendelsohn expressed optimism about Chapin's contributions to the company's growth strategy.

NHI continues to focus on enhancing its portfolio and exploring new strategic opportunities in the senior housing sector.