NHI CEO Hutchens Resigns; Will Join HCP as Chief Investment Officer

IRVINE, Calif. — Justin Hutchens, CEO and president of National Health Investors (NYSE: NHI), a publicly traded REIT, has resigned his position. Hutchens is leaving the company to become executive vice president and chief investment officer of seniors housing for Irvine-based HCP Inc., one of the largest REITs in the seniors housing industry.

JV Closes on $1.1B Acquisition of Extendicare Operations in U.S.

NEW YORK CITY — NorthStar Healthcare Income Inc. (NorthStar Healthcare) — through a joint venture with Formation Capital LLC and Safanad Management Ltd. — has closed the acquisition of the U.S.-based operations of Extendicare International Inc., including a portfolio of 158 seniors housing and care facilities for a total cost of approximately $1.1 billion.

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