National Healthcare Properties announced it will redeem all outstanding shares of its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock and its 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock. The redemption covers 3,289,061 shares of Series A and 2,850,427 shares of Series B, each at $25.00 per share plus accrued and unpaid dividends up to the respective redemption dates of September 4, 2026 for Series A and October 6, 2026 for Series B. Notices will be sent to holders on August 5 and August 7, 2026, respectively, with Computershare Trust Company serving as the redemption agent.
National Healthcare Properties, Inc.Company redeems preferred stock, a capital event that may reduce leverage but also signals a return of capital to preferred holders.