X0202 SCHEDULE 13G 0000769734 XXXXXXXX LIVE Class A common stock, $0.01 par value per share 05/31/2026 0001561032 National Healthcare Properties, Inc. 42226B501 540 MADISON AVE, 27TH FLOOR NEW YORK NY 10022 Rule 13d-1(b) PRINCIPAL GLOBAL INVESTORS DE 0 107392 0 107392 107392 N 0.2 IA PRINCIPAL REAL ESTATE INVESTORS LLC DE 0 4981351 0 4981351 4981351 N 11.3 IA PRINCIPAL FUNDS, INC. MD 0 2776639 0 2776639 2776639 N 6.3 IV National Healthcare Properties, Inc. 540 MADISON AVE, 27TH FLOOR, NEW YORK, NEW YORK 10022 PRINCIPAL GLOBAL INVESTORS PRINCIPAL REAL ESTATE INVESTORS LLC PRINCIPAL FUNDS, INC. PRINCIPAL GLOBAL INVESTORS 711 HIGH STREET DES MOINES, Iowa 50392-0300 PRINCIPAL REAL ESTATE INVESTORS LLC 711 HIGH STREET DES MOINES, Iowa 50392-0300 PRINCIPAL FUNDS, INC. 711 HIGH STREET DES MOINES, Iowa 50392-0300 PRINCIPAL GLOBAL INVESTORS - DELAWARE PRINCIPAL REAL ESTATE INVESTORS LLC - DELAWARE PRINCIPAL FUNDS, INC. - MARYLAND N IV IA 5,088,743 11.5 PRINCIPAL GLOBAL INVESTORS - 0 PRINCIPAL REAL ESTATE INVESTORS LLC - 0 PRINCIPAL FUNDS, INC. - 0 PRINCIPAL GLOBAL INVESTORS - 107,392 PRINCIPAL REAL ESTATE INVESTORS LLC - 4,981,351 PRINCIPAL FUNDS, INC. - 2,776,639 PRINCIPAL GLOBAL INVESTORS - 0 PRINCIPAL REAL ESTATE INVESTORS LLC - 0 PRINCIPAL FUNDS, INC. - 0 PRINCIPAL GLOBAL INVESTORS - 107,392 PRINCIPAL REAL ESTATE INVESTORS LLC - 4,981,351 PRINCIPAL FUNDS, INC. - 2,776,639 Y N As of May 31, 2026 the Principal Real Estate Securities Fund, a series to the Principal Funds, Inc., had ownership of 2,776,639 shares representing 6.3%. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. This statement is filed by Principal Global Investors LLC, Principal Real Estate Investors LLC, and Principal Funds Inc. jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1. PRINCIPAL GLOBAL INVESTORS /s/ J. Markham Penrod 06/01/2026 PRINCIPAL REAL ESTATE INVESTORS LLC /s/ J. Markham Penrod 06/01/2026 PRINCIPAL FUNDS, INC. /s/ John L. Sullivan 06/01/2026