05/12/2026 | Press release | Archived content
NEW YORK - May 12, 2026 -Greenberg Traurig, LLP advised National Healthcare Properties (NHP), a real estate investment trust focused on senior housing health care assets, in connection with its $531 million public offering of its Class A common stock, including the exercise of the underwriters' overallotment option, which closed April 23 and April 28, respectively. Shares of NHP's Class A common stock began trading on The Nasdaq Global Market on April 22 under the ticker symbol NHP.
National Healthcare Properties sold 44.275 million shares of Class A common stock at $12 per share. NHP expects to use the net proceeds from the public offering to fund future acquisitions and repay approximately $186 million outstanding under its revolving credit facility.
Founded in 2012, National Healthcare Properties owns a diversified portfolio of health care real estate assets, including outpatient medical facilities and senior housing properties. As of March 31, the portfolio included 130 outpatient medical facilities and 37 senior housing properties, representing more than 3,600 total units nationwide. Greenberg Traurig represented NHP in connection with the internalization of its management in 2024.
The public offering of Class A common stock was led by Wells Fargo Securities, Morgan Stanley, and BMO Capital Markets.
The Greenberg Traurig team was led by firm Co-President Michael J. Baum and Shareholders Timothy W. Donovan, Joseph A. Herz, August Huelle, Justin E. Mann, and Win Rutherfurd; Of Counsels Tingying (Diana) Liu and Glenn J. Thompson; and Associates Macy K. Nix, Elena Joffroy, and Kaiyu (Connie) Keng.