Portfolio

Portfolio

Investment HighlightsAs of June 30, 2022

Equity - Direct Investments
 

Winterfell
12 States

Investment1: $905.0MM
Properties1: 32
Facility Type2: ILF

Rochester3
Rochester, NY

Investment1: $219.5MM
Properties1: 10
Facility Type2: ILF, ALF

Arbors
Long Island, NY

Investment1: $126.8MM
Properties1: 4
Facility Type2: ALF

Watermark Aqua3
Texas & Ohio

Investment1: $77.5MM
Properties1: 4
Facility Type2: ILF, ALF

Avamere
Oregon & Washington

Investment1: $99.4MM
Properties1: 5
Facility Type2: ILF, ALF

Oak Cottage
Santa Barbara, CA

Investment1: $19.4MM
Properties1: 1
Facility Type2: MCF
 
Equity - Direct Investments - SOLD

Franklin3
Franklin, MI

Sales Price $12.0MM
Properties: 1

Cheektawaga
Cheektawaga, NY

Sales Price $17.3MM
Properties: 1

Anthenaeum
Anthenaeum, NY

Sales Price $2.4MM
Properties: 1

Harvard Square
Denver, CO

Sales Price $22.0MM
Properties: 1

Smyrna
Smyrna, GA

Sales Price $2.0MM
Properties: 1

Kansas City
Kansas City, KS

Sales Price $5.4MM
Properties: 2

Watermark Fountains
11 States

Sales Price $580.0MM
Properties: 14

 
 

   
   
 
Equity - Unconsolidated Investments
 

Trilogy
4 States

Investment1: $420.7MM
Properties1: 95
Facility Type2: SNF, ALF

Espresso4
3 States

Investment: -
Properties: -
Facility Type2: SNF, ALF

Diversified US/UK
28 States & U.K.

Investment1: $445.9MM
Properties1: 246
Facility Type2: MOB,SNF,ALF

Eclipse
11 States

Investment1: $37.3MM
Properties1: 51
Facility Type2: SNF, ALF
 
Equity - Unconsolidated Investments – REALIZED & SOLD

Envoy

Total Distributions5:  $7.1MM

Trilogy (partial ownership sale)

Sales Price: $48.0MM
 
Debt & Securities - REPAID & SOLD

Cedar Creek

Type: First Mortgage
Amount1: $11.3MM

Sava

Type: Mezz Loan
Amount1: $120.0MM

Boyer

Type: First Mortgage
Amount1: $14.6MM

Freddie Mac (sale)

Type: Securities
Investment1: $30.5MM
 

Espresso Mezzanine Loan

Type: Mezz Loan
Amount: $75.0MM
 
     

1) Does not include properties held for sale. Investment amount based on cost for real estate equity investments, which includes purchase price allocations related to net intangibles, deferred costs, other assets, if any, and adjusted for subsequent capital expenditures. May exclude other costs and expenses, including pre-funded capital expenditures, adjustments for working capital and other items relating to the closing of the investment. Includes NorthStar Healthcare’s proportionate share of assets acquired through unconsolidated joint ventures. 2) Classification based on predominant type of services provided at each property, but may include other services. 3) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 4) As a result of the joint venture pursuing dispositions of its various sub-portfolios, the remaining 62 properties have been classified as held for sale as of June 30, 2022. 5) Represents cumulative distributions received to date.