NHI inks $17M worth of deals in Maryland, California

National Health Investors has signed two deals with Chancellor Health Care of Southern California. The Murfreesboro-based real estate investment trust will spend $9.5 million to buy and renovate an assisted-living community in Maryland and also has committed $7.5 million to expand a Loma Linda, Calif., campus it bought from Chancellor last year. NHI shares (Ticker: NHI) closed last week at $62.43 and are up about 10 percent in 2013.