National Health Investors (NHI) Faces Land & Buildings’ Challenge Over “Country Club” Board and Poor Oversight

The presentation by Land & Buildings (April 24, 2025) criticizes National Health Investors (NHI) for poor governance and underperformance. It highlights how NHI’s board structure and leadership practices are “worst in class,” pointing to entrenched directors, excessive compensation, and lack of accountability. Land & Buildings argues that shareholder value has suffered as a result, contrasting NHI’s weak returns with peers. The presentation calls for governance reform, stronger oversight, and replacing ineffective board members to restore credibility and unlock value.