$4,000 for taxable and tax-deferred investments
$10.20 per share. Discounts are available to investors who purchase more than $500,000 in shares and/or to other categories of investors
After Year 1: 92.5% | After Year 2: 95.0% | After Year 3: 97.5% | After Year 4: 100% (as a percentage of purchase price, one-year minimum hold, pro-rata redemptions)
5 to 8 years
Income & Growth
Net worth of at least $250,000 or gross annual income of at least $70,000 and a net worth of at least $70,0005
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) Redemptions limited to 5% of NorthStar Healthcare common shares outstanding; redemptions will be funded solely from the proceeds of our DRP and any other funds set aside by the board of directors; program may be modified, suspended or terminated at any time. After the date that we establish an estimated value per share of our common stock, we will repurchase shares at a price equal to 95% of the estimated value per share. 3) There are no assurances that the program will ever complete a liquidity event. 4) AL, IA, CA, KS, KY, MA, ME, NE, NJ, NM, ND, OH, OR, PA and TN impose more stringent suitability requirements and recommendations. Please review the prospectus prior to investing or recommending that clients invest. 5) Net worth does not include home, furnishings and personal automobile.