Who We Are
NorthStar Healthcare Income, Inc.
NorthStar Healthcare Income, Inc. (NorthStar Healthcare) is a public, non-traded real estate investment trust (REIT) that was formed to originate, acquire and asset manage equity and debt investments in healthcare real estate. Specifically, NorthStar Healthcare is focused on making investments in the needs-driven senior housing sector, which we define as independent living facilities, assisted living, memory care and skilled nursing facilities. We believe this sector is an attractive asset class to invest in as these types of facilities generally provide the broadest level of services to residents in a more cost effective setting.
NorthStar Healthcare, with its experience, relationships and vision, is ideally positioned to capitalize both as an equity investor and lender in this industry and provide investors an opportunity for both income and long-term growth.
NorthStar Securities, LLC
NorthStar Securities, LLC is the broker-dealer affiliate of Colony NorthStar, Inc. (NYSE: CLNS) and the dealer-manager for NorthStar Healthcare’s public offering. NorthStar Securities, LLC is dedicated to providing financial advisors and their clients with tools to make informed investment decisions.
1) There is no guarantee of distributions. Distributions have been paid and may continue to be paid from sources other than cash flow from operations, such as offering proceeds, borrowings or sales of assets and distributions may exceed earnings. We have paid distributions in excess of our cash flow provided by operations. For the nine months ended September 30, 2017, we declared distributions of $94,030,000 compared to cash flow provided by operations of $11,708,000. The remaining $82,322,000, or 87.5%, was paid using offering proceeds, including the purchase of additional shares by our sponsor, which reduces the amount we can invest in income-producing assets and your overall return may be reduced. Distributions have also exceeded our net loss of $(93,062,000) for the same period. Fees paid to the advisor were not determined on an arm’s length basis and reduce the amount the program can invest in income-producing assets and your overall return may be reduced. 2) Diversification does not eliminate risk and does not assure better performance. As with any real estate investment, there are various risks including but not limited to: unfavorable market conditions, loss of principal and limited liquidity.