Northstar Hlthcr Com (NRTSF) 7.6130 $NRTSF
NorthStar Healthcare Successfully Completes Offering
PR Newswire - Tue Dec 29, 7:00AM CST
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.
NSAM: 11.86 (+0.07)
NorthStar Healthcare Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction
PR Newswire - Wed Dec 02, 7:30AM CST
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.
Griffin-American Healthcare REIT III Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction
GlobeNewswire - Wed Dec 02, 7:29AM CST
Griffin-American Healthcare REIT III, Inc. ("Griffin-American"
today announced that, pursuant to a joint venture with NorthStar Healthcare Income, Inc. ("NorthStar Healthcare", it has completed the acquisition of approximately 96 percent 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. Griffin-American owns 70 percent of the joint venture and acts as its manager. NorthStar Healthcare owns 30 percent of the joint venture. 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 percent equity interest in Trilogy. Bufford and his executive team will continue to manage the Trilogy assets on behalf of the joint venture.
NorthStar Healthcare Joint Venture to Acquire Trilogy Health Services in $1.125 Billion Transaction
PR Newswire - Tue Sep 15, 7:00AM CDT
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.
Griffin-American Healthcare REIT III Joint Venture to Acquire Trilogy Health Services in $1.125 Billion Transaction
GlobeNewswire - Tue Sep 15, 5:00AM CDT
Griffin-American Healthcare REIT III, Inc. ("Griffin-American" 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 NorthStar Healthcare Income, Inc. ("NHI". Griffin-American will own 70 percent of the joint venture and will act as its manager. NHI will own 30 percent of the joint venture. 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.
NorthStar Healthcare Acquires Interest in $1.1 Billion Senior Housing Investment
PR Newswire - Thu Jul 16, 10:00AM CDT
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.
NorthStar Healthcare Closes $639.3 Million Senior Housing Portfolio
PR Newswire - Fri Jun 12, 7:30AM CDT
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.
Arcapita Sells US Real Estate Portfolio for $640 Million
PR Newswire Europe - Wed Jun 10, 4:40AM CDT
MANAMA, Bahrain, June 10, 2015 /PRNewswire/ --
NorthStar Healthcare Acquires 40% Interest in $875 Million Independent Living Portfolio
PR Newswire - Wed May 27, 7:30AM CDT
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%.
NorthStar Healthcare Income, Inc. Follow-On Offering Declared Effective by the U.S. Securities and Exchange Commission
PR Newswire - Tue Feb 10, 7:30AM CST
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.
Northstar Healthcare Is Now Nobilis Health Corp.
Marketwire Canada - Fri Dec 05, 5:00AM CST
Northstar Healthcare Inc. (TSX: NHC) has changed its name to Nobilis Health Corp.
NHC.TO: 3.71 (-0.08)
Northstar Healthcare Will Host a Conference Call
Marketwire Canada - Mon Dec 01, 5:30PM CST
Northstar Healthcare Inc. (TSX: NHC) will host a conference call on Friday, December 5, 2014, at 10 a.m. CT to discuss its acquisition of Athas Health LLC.
NHC.TO: 3.71 (-0.08)
Northstar Acquires Premier National Healthcare Marketing Company for $34 Million
Marketwired - Mon Dec 01, 5:00AM CST
Northstar Healthcare Inc. (TSX: NHC) ("Northstar" today announced it has acquired Athas Health, LLC ("Athas" for a total consideration of approximately $34 million (all $ denominations in US dollars). Athas is based in Dallas, TX and focuses on the marketing and delivery of specialized healthcare services in 7 states. The purchase price for Northstar to acquire all of the ownership interests in Athas was broken down as follows: $3 million in cash upon closing, the issuance of a promissory note by Northstar to the sellers for $12 million, the issuance at closing of 6,666,666 shares of Northstar common stock that are subject to a lock up of up to 2 years, and the issuance of an additional 4,666,666 shares of Northstar common stock issued over two years with half issued on the first anniversary of the closing and the second half issued on the second anniversary of the closing.
NHC.TO: 3.71 (-0.08)
Northstar Healthcare Reports Record Revenues and $1.5MM in EBITDA During 2014 Third Quarter
Marketwire Canada - Thu Nov 13, 11:07AM CST
Northstar Healthcare Inc. (TSX: NHC) today announced its financial results for the three and nine months ended September 30, 2014. All dollar amounts are in United States currency unless otherwise stated; percentage calculations are based on the numbers in the financial statements and may not correspond to rounded figures presented in this release.
NHC.TO: 3.71 (-0.08)
NorthStar Healthcare Successfully Completes Offering
PR Newswire - Tue Dec 29, 7:00AM CST
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.
NSAM: 11.86 (+0.07)
NorthStar Healthcare Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction
PR Newswire - Wed Dec 02, 7:30AM CST
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.
Griffin-American Healthcare REIT III Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction
GlobeNewswire - Wed Dec 02, 7:29AM CST
Griffin-American Healthcare REIT III, Inc. ("Griffin-American"
today announced that, pursuant to a joint venture with NorthStar Healthcare Income, Inc. ("NorthStar Healthcare", it has completed the acquisition of approximately 96 percent 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. Griffin-American owns 70 percent of the joint venture and acts as its manager. NorthStar Healthcare owns 30 percent of the joint venture. 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 percent equity interest in Trilogy. Bufford and his executive team will continue to manage the Trilogy assets on behalf of the joint venture. NorthStar Healthcare Joint Venture to Acquire Trilogy Health Services in $1.125 Billion Transaction
PR Newswire - Tue Sep 15, 7:00AM CDT
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.
Griffin-American Healthcare REIT III Joint Venture to Acquire Trilogy Health Services in $1.125 Billion Transaction
GlobeNewswire - Tue Sep 15, 5:00AM CDT
Griffin-American Healthcare REIT III, Inc. ("Griffin-American"
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 NorthStar Healthcare Income, Inc. ("NHI". Griffin-American will own 70 percent of the joint venture and will act as its manager. NHI will own 30 percent of the joint venture. 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. NorthStar Healthcare Acquires Interest in $1.1 Billion Senior Housing Investment
PR Newswire - Thu Jul 16, 10:00AM CDT
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.
NorthStar Healthcare Closes $639.3 Million Senior Housing Portfolio
PR Newswire - Fri Jun 12, 7:30AM CDT
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.
Arcapita Sells US Real Estate Portfolio for $640 Million
PR Newswire Europe - Wed Jun 10, 4:40AM CDT
MANAMA, Bahrain, June 10, 2015 /PRNewswire/ --
NorthStar Healthcare Acquires 40% Interest in $875 Million Independent Living Portfolio
PR Newswire - Wed May 27, 7:30AM CDT
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%.
NorthStar Healthcare Income, Inc. Follow-On Offering Declared Effective by the U.S. Securities and Exchange Commission
PR Newswire - Tue Feb 10, 7:30AM CST
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.
Northstar Healthcare Is Now Nobilis Health Corp.
Marketwire Canada - Fri Dec 05, 5:00AM CST
Northstar Healthcare Inc. (TSX: NHC) has changed its name to Nobilis Health Corp.
NHC.TO: 3.71 (-0.08)
Northstar Healthcare Will Host a Conference Call
Marketwire Canada - Mon Dec 01, 5:30PM CST
Northstar Healthcare Inc. (TSX: NHC) will host a conference call on Friday, December 5, 2014, at 10 a.m. CT to discuss its acquisition of Athas Health LLC.
NHC.TO: 3.71 (-0.08)
Northstar Acquires Premier National Healthcare Marketing Company for $34 Million
Marketwired - Mon Dec 01, 5:00AM CST
Northstar Healthcare Inc. (TSX: NHC) ("Northstar"
today announced it has acquired Athas Health, LLC ("Athas" for a total consideration of approximately $34 million (all $ denominations in US dollars). Athas is based in Dallas, TX and focuses on the marketing and delivery of specialized healthcare services in 7 states. The purchase price for Northstar to acquire all of the ownership interests in Athas was broken down as follows: $3 million in cash upon closing, the issuance of a promissory note by Northstar to the sellers for $12 million, the issuance at closing of 6,666,666 shares of Northstar common stock that are subject to a lock up of up to 2 years, and the issuance of an additional 4,666,666 shares of Northstar common stock issued over two years with half issued on the first anniversary of the closing and the second half issued on the second anniversary of the closing. NHC.TO: 3.71 (-0.08)
Northstar Healthcare Reports Record Revenues and $1.5MM in EBITDA During 2014 Third Quarter
Marketwire Canada - Thu Nov 13, 11:07AM CST
Northstar Healthcare Inc. (TSX: NHC) today announced its financial results for the three and nine months ended September 30, 2014. All dollar amounts are in United States currency unless otherwise stated; percentage calculations are based on the numbers in the financial statements and may not correspond to rounded figures presented in this release.
NHC.TO: 3.71 (-0.08)
