Portfolio

Superior Returns Start with a Strong Portfolio

Our operational background gives us strong asset management capabilities that drive value for our shareholders and our tenants. Our portfolio consists of both NNN and managed relationships with nimble, local and regional operators. We regularly evaluate our portfolio and recycle our capital from mature and obsolete assets into higher-value properties. This strategy supports a healthy balance sheet and enhances the potential returns we can generate for shareholders.

409
Investments
62
Relationships
35.2%
Skilled Mix
8.9%
Max Relationship Concentration

Updated: 03.31.2024

High-quality Portfolio, Positioned to Perform

Our operational background gives us strong asset management capabilities that drive value for our shareholders and our tenants. Our portfolio consists of properties with strong rent coverage, limited near-term lease expirations and nimble local and regional operators.

Relationship Concentration

*No Operator Credit Exposure

Asset Class Concentration

Asset class concentrations use Annualized Cash NOI, as adjusted to reflect Annualized Cash NOI from our mortgage and construction loans receivable and preferred equity investments in the related asset class of the underlying real estate. The definition and reconciliation of Annualized Cash NOI, a non-GAAP measure, to the GAAP financial measure we consider most comparable is included in “Non-GAAP Reconciliations for March 31, 2024” in the Investors section of our website.

Updated: 03.31.2024

374 Properties

Dark BlueSenior Housing – Leased (38)

Light BlueSenior Housing – Managed (66)

grayBehavioral Health (18)

PurpleSkilled Nursing/Transitional Care (237)

BlueSpecialty Hospitals and Other (15)

Updated: 03.31.2024

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