NHI Purchases Skilled Nursing Facility in New Braunfels, Texas for $13.9M

NEW BRAUNFELS, TEXAS — National Health Investors Inc., a Tennessee-based healthcare and seniors housing REIT, has acquired a 126-bed skilled nursing facility in New Braunfels, a northeastern suburb of San Antonio, for $13.9 million. NHI will lease the facility, which opened in 2015, to an affiliate of The Ensign Group Inc., a company with numerous subsidiaries that operate rehabilitative and assisted living properties.