Related Party Transactions and Arrangements (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services

The following table details amounts incurred and payable in connection with the Company’s operations-related services described above as of and for the periods presented:


	Three Months Ended September 30,			Nine Months Ended September 30,				Payable (Prepayments) as of
	2025		2024	2025		2024
(In thousands)	Incurred			Incurred		Incurred		Incurred		September 30, 2025		December 31, 2024
Non-recurring fees and reimbursements:
Acquisition cost reimbursements	$	—		$	—	$	—	$	21	$	—	$	—
Termination fees (1)	—			8,409		—		106,650		—		30,267
Ongoing fees and reimbursements:
Asset management fees	—			5,458		—		16,374		—		—
Professional fees and other reimbursements (2)	—			2,981		—		9,960		—		—
Property management fees (3)	—			1,069		—		3,561		—		—

Total related party operation fees and reimbursements	$	—		$	17,917	$	—	$	136,566	$	—	$	30,267

___________

(1)Reflects the Promissory Note issued to the former Advisor Parent in connection with the Internalization, which was repaid in full in January 2025.

(2)Included in general and administrative expenses in the consolidated statements of operations.

(3)The three months and nine ended September 30, 2024 include $0.1 million and $0.8 million, respectively, of leasing commissions which are capitalized and included in deferred costs, net on the Company’s consolidated balance sheets.

National Healthcare Properties, Inc. 10-Q