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NHI refinancing nursing home for Inverness.


MURFREESBORO, Tenn.--(BUSINESS WIRE)--Dec. 22, 1994--National Health Investors, Inc., one of the nation's largest health care real estate investment trusts, said today that it has provided a $4.5 million mortgage to Inverness Health Care of Inverness, Fla.

The money was used to refinance the bond indebtedness on Heritage Health Care of Inverness, Fla. The 116-bed nursing home is managed by ACDM ACDM Association for Clinical Data Management
ACDM Association for Configuration and Data Management
ACDM Association Canadienne de la Dystrophie Musculaire (French: Muscular Dystrophy Association of Canada) 
 of Iowa. ACDM currently operates 28 nursing homes throughout Iowa and Florida.

"Inverness Health Care is doing a great job in its nursing homes and we are pleased to refinance this Florida project for them," NHI NHI
abbr.
National Health Insurance
 President Andy Adams Andy Adams (May 3, 1859 – September 26, 1935) was an American writer of western fiction.

Andy Adams was born in Indiana. His parents, Andrew and Elizabeth (Elliott) Adams, were pioneers. As a boy he helped with the cattle and horses on the family farm.
 said. "Many of the nation's elderly are retiring in Florida and the demand for nursing home beds in that state is increasing."

National Health Investors, Inc. is a real estate investment trust that specializes in the purchase and leaseback of health care real estate and in making mortgage loans to health care operators. The company has over $650 million in assets under its management. The common and preferred stocks of the company trade on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbols NHI and NHIPr, respectively. NHI now has investments in 237 facilities in 25 states.

CONTACT: National Health Investors, Murfreesboro

Liz Massa Massa, in the Bible
Massa (măs`ə), in the Bible, seventh son of Ishmael.
Massa, city, Italy
Massa (mäs`ä), city (1991 pop. 66,737), capital of Massa-Carrara prov.
, 615/890-2020
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 22, 1994
Words:207
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