NEW YORK, April  21, 2026  (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (&#34;NHP&#34;) today announced the pricing of its public offering of 38,500,000 shares of its Class A common stock at $12.00 per share. Shares

NHPAP

National Healthcare Properties Announces Pricing of Public Offering

National Healthcare Properties Launches $462 Million Public Share Offering

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  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, April  21, 2026  (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (&amp;#34;NHP&amp;#34;) today announced the pricing of its public offering of 38,500,000 shares of its Class A common stock at $12.00 per share. Shares</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>National Healthcare Properties, Inc. has priced its offering of 38.5 million shares at $12 each, aiming to raise $462 million. The proceeds will be utilized to reduce debt and support future acquisitions, potentially enhancing its growth profile in the healthcare real estate sector.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>NHP is offering 38.5 million shares at $12 each.</li><li>Proceeds will pay off $186 million in debt and fund acquisitions.</li><li>Shares start trading on Nasdaq on April 22, 2026.</li><li>Underwriters have a 30-day option for additional 5.775 million shares.</li><li>NHP is a REIT focused on healthcare real estate acquisition.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Wells Fargo Securities (WFC)</strong>: Serves as lead book-runner for the offering, boosting credibility.</li><li><strong>Morgan Stanley (MS)</strong>: Involvement as a lead underwriter assists in market visibility for NHP.</li><li><strong>BMO Capital Markets (BMO)</strong>: Co-managing the offering, illustrating market confidence in NHP.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This press release fits under &#039;Corporate Developments&#039; as it relates to capital raising for strategic financial maneuvers. The focus on debt repayment and potential acquisitions reflects corporate growth and stability strategies critical to investors.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>NHP&#039;s stock will commence trading on Nasdaq, influencing investor interest.</li><li>Proceeds aimed at debt repayment could enhance liquidity and financial stability.</li><li>Potential acquisitions could fuel future revenue growth, increasing long-term value.</li><li>The option for additional shares indicates strong demand for NHP stock.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>$12 per share pricing of 38.5 million shares in public offering.</li><li>Offering expected to close on April 23, 2026.</li><li>Use of proceeds includes repaying $186 million of debt.</li><li>NHP focuses on healthcare real estate, emphasizing senior housing.</li><li>Underwriters include major firms like Wells Fargo and Morgan Stanley.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>NHPAP may see bullish momentum as debt reduction and expansion plans are funded.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, April  21, 2026  (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. ("NHP") today announced the pricing of its public offering of 38,500,000 shares of its Class A common stock at $12.00 per share. Shares of NHP's Class A common stock are expected to begin trading on The Nasdaq Global Market on April 22, 2026 under the symbol "NHP" and the offering is expected to close on April 23, 2026, subject to customary closing conditions. NHP has granted the underwriters a 30-day option to purchase up to an additional 5,775,000 shares of its Class A common stock to cover overallotments, if any.</p>  <p align="justify">NHP intends to use the net proceeds received from the proposed offering to repay approximately $186.0 million of outstanding indebtedness under its revolving credit facility, to fund potential future property acquisitions and for other general corporate purposes.</p>  <p align="justify">Wells Fargo Securities, Morgan Stanley and BMO Capital Markets are acting as lead book-running managers for the offering. Goldman Sachs &amp; Co. LLC, RBC Capital Markets, Baird, Capital One Securities, Fifth Third Securities, Huntington Capital Markets and KeyBanc Capital Markets are acting as bookrunners for the offering. Credit Agricole CIB and Synovus are acting as co-managers for the offering.</p>  <p align="justify">The offering is being made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained from: Wells Fargo Securities, LLC, 90 South 7th Street, 5th Floor, Minneapolis, Minnesota 55402, by telephone at (800) 645-3751 (option #5), or by email at WFScustomerservice@wellsfargo.com; Morgan Stanley &amp; Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 West 42nd Street, 32nd Floor, New York, New York 10036, or by email at <a href="mailto:bmoprospectus@bmo.com">bmoprospectus@bmo.com</a>.</p>  <p align="justify">A registration statement relating to the offering has been filed with the Securities and Exchange Commission (the "SEC") and has been declared effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify"><strong>About National Healthcare Properties, Inc.</strong></p>  <p align="justify">National Healthcare Properties, Inc. is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on senior housing and outpatient medical facilities located in the United States.</p>  <p align="justify"><strong>Forward-Looking Statements</strong></p>  <p align="justify">This press release contains "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern and are based upon, among other things: NHP's expectations regarding the completion of the offering; NHP's use of proceeds from the offering; and the realization of any potential advantages, benefits and the impact of, and opportunities created by, the offering. When NHP uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. NHP's expected results may not be achieved, and actual results may differ materially from expectations. This may be a result of various factors, including, but not limited, the risks and uncertainties described in the section titled "Risk Factors" in the registration statement relating to the offering and all other filings with the SEC. Finally, NHP assumes no obligation to update or revise any forward-looking statements or to update the reasons why actual results could differ from those projected in any forward-looking statements.</p>  <p align="justify"><strong>Contacts</strong></p>  <p align="justify"><strong>Investors and Media:</strong><br></br>Email: <a href="mailto:ir@nhpreit.com">ir@nhpreit.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY5NDUwNyM3NTQ2NjczIzIyOTc3MTA="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MzQ5YmU1MzgtODg3OS00OTI2LWEyMTQtZWZmNTQ2YmJiMjE2LTEzMDkyNjAtMjAyNi0wNC0yMS1lbg==/tiny/National-Healthcare-Properties.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/f0a30cde-19dd-4862-9209-0596ab4fb414"><img src="https://ml.globenewswire.com/media/f0a30cde-19dd-4862-9209-0596ab4fb414/small/6098-nhp-logo-rgb-final-jpg.jpg" border="0" width="150" height="63" alt="Primary Logo"></img></a></p>

National Healthcare Properties, Inc. has priced its offering of 38.5 million shares at $12 each, aiming to raise $462 million. The proceeds will be utilized to reduce debt and support future acquisitions, potentially enhancing its growth profile in the healthcare real estate sector.

National Healthcare Properties Announces Pricing of Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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