Investor Relations

Investor
Relations

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.

Since it commenced operations in 2013, NorthStar Healthcare has consistently delivered on its original objective to build a diversified portfolio of healthcare investments with a focus on the needs-driven senior housing sector, including independent living, assisted living, memory care and skilled nursing facilities and continuing care retirement communities. As of December 18, 2015, NorthStar Healthcare has invested in an approximately $2.8 billion healthcare real estate portfolio, including 35 equity investments with a total cost of $2.6 billion and four debt investments with a combined principal amount of $193.0 million.

"We are very pleased to announce the successful closing of NorthStar Healthcare’s $700 million follow-on offering and the completion of our total targeted capital raise of $1.8 billion. When we launched NorthStar Healthcare, we sought to provide investors an opportunity to capitalize on both the investment opportunity in this sector and NSAM’s leading presence in this marketplace,” commented Ron Jeanneault, Chief Executive Officer of NorthStar Healthcare. “We would like to thank all our broker-dealer partners, financial advisors and our shareholders for their confidence and support and we continue to be focused on delivering value to everyone.”

This website is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus. This website must be read in conjunction with the prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. A copy of the prospectus must be made available to you in connection with any offering. No offering is made except by a prospectus filed with the Department of Law of the State of New York. Neither the Securities and Exchange Commission, the Attorney General of the State of New York nor any other state securities regulator has approved or disapproved of our common stock, determined if the prospectus is truthful or complete or passed on or endorsed the merits of this offering. Any representation to the contrary is a criminal offense. Consult the prospectus for suitability standards in your state. Securities offered through NorthStar Securities, LLC, member FINRA/SIPC, an affiliate of and the dealer manager for NorthStar Healthcare. NorthStar Securities, LLC is doing business as NorthStar BD Securities, LLC (DE) in the following states: FL, GA, TX and WA.