Fundamental Long Term Care Holdings LLC agreed to acquire 3 skilled nursing facilities in Texas from National Health Investors Inc. (NYSE:NHI) for $18.5 million in October 2013. The facilities generated lease revenues of $2.53 million and $2.39 million for the nine months ended September 30, 2013 and 2012, respectively. The transaction is expected to be completed by December 31, 2013.

Fundamental Long Term Care Holdings LLC completed the acquisition of 3 skilled nursing facilities in Texas from National Health Investors Inc. (NYSE:NHI) on January 3, 2014. The facilities generated cash rent of $2.14 million for 2013, after allocations under the amended master lease.