Home Contact ABOUT US PORTFOLIO INVESTOR RELATIONS ACCOUNT ACCESS Investor Relations NorthStar Healthcare Announces Virtual-Only Format for 2020 Annual Meeting of Stockholders New York, New York, June 4, 2020 – NorthStar Healthcare Income, Inc. (“NorthStar Healthcare”) announced today that its 2020 annual meeting of stockholders (the “Annual Meeting”) will be held as a virtual-only meeting at https://viewproxy.com/northstar/2020/ on the previously announced date and time of Thursday, June 18, 2020 at 9:00 a.m. Eastern Time in light of the public health threat caused by the COVID-19 pandemic. NorthStar Healthcare intends to return to an in-person format for future annual meetings of stockholders. Read more... NorthStar Healthcare Acquires 453 Unit Senior Housing Portfolio Located in Oregon and Washington New York, NY (March 16, 2017) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it has completed the acquisition of a 453-unit portfolio of five senior housing facilities located in Oregon and Washington for a total cost of $98.9 million, investing $28.4 million of capital. Read more... NorthStar Healthcare Successfully Completes Offering New York, NY (December 29, 2015) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare), a publicly registered, non-traded real estate investment trust (REIT) sponsored by NorthStar Asset Management Group Inc. (NYSE: NSAM) announced today that it has successfully completed its $700 million follow-on offering as of December 17, 2015, for a total capital raise of $1.8 billion fully completing the offering. Read more... NorthStar Healthcare Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction New York, NY (December 2, 2015) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) today announced that, pursuant to a joint venture with Griffin-American Healthcare REIT III, Inc. (Griffin-American), it has completed the acquisition of approximately 96% of Trilogy Investors, LLC (Trilogy), the parent company of Trilogy Health Services, LLC, for a purchase price that is based on a total company valuation of approximately $1.125 billion. NorthStar Healthcare owns 30% of the joint venture, while Griffin-American owns 70% of the joint venture and acts as its manager. In addition, as part of the transaction, Randy Bufford, Trilogy’s founder and chief executive officer, and other members of Trilogy’s management have retained an approximately 4% equity interest in Trilogy. Bufford and his executive team will continue to manage the Trilogy assets on behalf of the joint venture. Read more... NorthStar Healthcare Joint Venture to Acquire Trilogy Health Services in $1.125 Billion Transaction New New York, NY (September 15, 2015) –NorthStar Healthcare Income, Inc. (NorthStar Healthcare) today announced that it has entered into a definitive agreement to acquire Trilogy Investors LLC (Trilogy), the parent company of Trilogy Health Services LLC, for approximately $1.125 billion pursuant to a joint venture with Griffin-American Healthcare REIT III, Inc. (Griffin-American). NorthStar Healthcare will own approximately 30% of the joint venture, while Griffin-American will own approximately 70% of the joint venture. In addition, as part of the transaction, Randy Bufford, Trilogy’s founder and chief executive officer, and other members of Trilogy’s management will maintain an investment of approximately $24 million in Trilogy. Read more... NorthStar Healthcare Acquires Interest in $1.1 Billion Senior Housing Investment New York, NY (July 16, 2015) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare), through a joint venture with Formation Capital, LLC (Formation) and Safanad Management Limited (Safanad), announced the closing of the acquisition of the U.S.-based operations of Extendicare International Inc., including a portfolio of 158 senior housing and care facilities for a total cost of approximately $1.1 billion. NorthStar Healthcare acquired a 36.67% interest in the portfolio, while affiliates of Safanad and Formation collectively acquired the remaining 63.33% interest. In connection with the acquisition, NorthStar Healthcare also originated a $75.0 million mezzanine loan to partially finance the transaction, which bears interest at a fixed rate of 10.0% per year and has a term of 67 months. Read more... NorthStar Healthcare Closes $639.3 Million Senior Housing Portfolio New York, NY (June 12, 2015) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced the closing of the acquisition of a $639.3 million portfolio of continuing care retirement communities (CCRCs) from subsidiaries of Fountains Senior Living Holdings, LLC. The portfolio will continue to be operated by Watermark Retirement Communities, Inc. (Watermark), a national operator of senior living facilities and affiliate of The Freshwater Group, Inc. (Freshwater). In connection with the acquisition, NorthStar Healthcare obtained fixed rate financing through Freddie Mac’s Multifamily-Seniors Housing Loan Program, with an aggregate principal amount of approximately $410 million and a fixed interest rate of 3.92% and a term of 7 years. Read more... NorthStar Healthcare Acquires 40% Interest in $875 Million Independent Living Portfolio New York, NY (May 27, 2015) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare), through a joint venture with NorthStar Realty Finance Corp. (NorthStar Realty), announced today the acquisition of an $875 million portfolio of independent living facilities (the Portfolio) from affiliates of Harvest Facility Holdings LP. The Portfolio will continue to be managed by Holiday Retirement Communities, one of the largest operators of independent living communities in North America. Through its joint venture with NorthStar Realty, NorthStar Healthcare acquired a 40% interest in the Portfolio and NorthStar Realty acquired the remaining 60% interest. In connection with the acquisition, the joint venture obtained ten-year, fixed rate financing through Fannie Mae’s Multifamily DUS Loan Program, with an aggregate principal amount of approximately $648 million and a fixed interest rate of 4.17%. Read more... NorthStar Healthcare Income, Inc. Follow-On Offering Declared Effective by the U.S. Securities and Exchange Commission New York, NY (February 10, 2015) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that its registration statement related to its follow-on offering of $700.0 million of common stock has been declared effective by the U.S. Securities and Exchange Commission. NorthStar Healthcare is a public, non-traded real estate investment trust (REIT) formed to originate, acquire and asset manage a diversified portfolio of equity and debt investments in the healthcare real estate sector. Read more... NorthStar Healthcare Announces the Appointment of Ronald J. Jeanneault as Chief Executive Officer and President and Election of James F. Flaherty III as Vice Chairman of the Board New York, NY (November 12, 2014) – NorthStar Healthcare Income, Inc. (“NorthStar Healthcare” or the “Company”) announced the appointment of Ronald J. Jeanneault as Chief Executive Officer and President of the Company and, in connection therewith, the election of James F. Flaherty III as Vice Chairman of the Board of the Company. Read more... NorthStar Healthcare Closes More Than $170.0 Million of Investments in September New York, NY (October 7, 2014) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced that it recently invested more than $170.0 million in two healthcare real estate transactions, including one assisted living portfolio acquisition and one mezzanine loan backed by a portfolio of skilled nursing and assisted living facilities. Read more... NorthStar Healthcare Closes $75.0 Million Mezzanine Loan New York, NY (July 2, 2014) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it closed an investment in a $75.0 million mezzanine loan made in connection with the $940.0 million financing of a national portfolio of 167 skilled nursing facilities. Read more... NorthStar Healthcare Acquires Senior Living Facility Located in Cheektowaga, New York New York, NY (March 19, 2014) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it completed the acquisition of a 100-unit assisted living and memory care facility located in Cheektowaga, New York for $12.5 million, plus closing costs. The acquisition represents NorthStar Healthcare’s latest transaction with Peregrine Senior Living (Peregrine), a strategic operating partner headquartered in Syracuse, New York. Read more... NorthStar Healthcare Recently Completes Over $100 Million of Investments New York, NY (February 18, 2014) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it completed over $100 million of investments, including $86.6 million of acquisitions through its recently formed strategic joint venture with The Freshwater Group, Inc. (Freshwater), a leading developer, owner, and operator of senior living facilities. The joint venture initially identified and subsequently closed three senior living facilities, including the previously announced acquisition of a 125-unit independent living facility located in Milford, Ohio. In the last 30 days, the joint venture also completed the acquisition of a 183-unit independent and assisted living facility located in Denver, Colorado and a 202-unit independent living facility located in Frisco, Texas. An affiliate of Freshwater will manage these properties as well as any additional assets purchased by the joint venture. The acquisitions were financed with three separate third-party loans totaling $52.0 million. Read more... NorthStar Healthcare Announces the Appointment of James F. Flaherty III as Chief Executive Officer and President, Former Chairman and CEO of HCP, Inc. New York, NY (January 22, 2014) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare or the Company) announced the appointment of James F. Flaherty III as Chief Executive Officer and President of the Company and in connection therewith the appointment of Daniel R. Gilbert as Executive Chairman of the Board of the Company. David T. Hamamoto has decided to step down as Chairman of the Board of NorthStar Healthcare to facilitate these changes and will continue his stewardship of the Company’s Sponsor as Chairman and Chief Executive Officer. Read more... NorthStar Healthcare Closes Strategic Joint Venture; Completes Multiple Acquisitions New York, NY (January 9, 2014) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced the closing of a strategic joint venture with The Freshwater Group (Freshwater), a leading developer, owner, and operator of senior living facilities. The joint venture plans to acquire and manage a portfolio of senior housing assets located throughout the United States and has initially identified three properties with a combined purchase price of $86.6 million, plus closing costs. NorthStar Healthcare owns a 97% interest in the joint venture. Read more... NorthStar Healthcare Announces Closing of up to $100 Million Credit Facility New York, NY (November 20, 2013) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced entering into a corporate term credit facility with KeyBank National Association to provide up to $100 million of financing. The credit facility has an initial capacity of $25 million, which can be increased upon the satisfaction of certain conditions. The credit facility will be used to finance NorthStar Healthcare’s investments, including both property acquisitions and directly originated first mortgage loans secured by healthcare real estate. Read more... NorthStar Healthcare Completes $29.7 Million in Senior Housing Acquisitions New York, NY (November 12, 2013) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare)announced today that it recently completed three transactions resulting in the acquisition of four senior housing facilities for an aggregate total cost of $29.7 million, consisting of the following assets: Read more... NorthStar Healthcare Breaks Escrow in Ohio and Tennessee New York, NY (October 8, 2013) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it has raised in excess of $20.0 million in aggregate gross proceeds from its initial public offering. Accordingly, NorthStar Healthcare is now accepting subscriptions from all states where it has cleared, including subscriptions from residents of Ohio and Tennessee. Read more... NorthStar Healthcare Announces Initial Investment New York, NY (April 9, 2013) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it made its initial investment by purchasing a $2.0 million pari passu participation interest in an $11.25 million senior loan from an affiliate of the sponsor, NorthStar Realty Finance Corp. (NYSE: NRF). The loan and participation both bear interest at 7.00% over the one-month LIBOR index with a minimum interest rate of 8.0% per annum. Read more... NorthStar Healthcare Announces Escrow Break New York, NY (February 12, 2013) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that it has satisfied the minimum offering amount in connection with its public offering as a result of its sale of $2.0 million in shares of its common stock for $9.00 per share to NorthStar Realty Finance Corp. (NYSE: NRF), its sponsor. Read more... NorthStar Healthcare Offering Declared Effective by the U.S. Securities and Exchange Commission New York, NY (August, 8, 2012) – NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced today that its registration statement related to its initial public offering of $1.1 billion of its common stock has been declared effective by the U.S. Securities and Exchange Commission. NorthStar Healthcare is a public, non-traded real estate investment trust (REIT) formed to originate, acquire and asset manage a diversified portfolio of debt and equity investments in the healthcare real estate sector. Read more... Press Releases Distributions Investor Communications Investor Forms SEC Filings Corporate Governance © 2021 NorthStar Healthcare Income, Inc. All Rights Reserved. Contact Site Map Privacy Policy Terms of Use We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies. Ok, understood! Cookie Notice