Investment Approach

Investment
Approach

Offering Details

Minimum Investment

$4,000 for taxable and tax-deferred investments

 

Offering Price

$10.20 per share. Discounts are available to investors who purchase more than $500,000 in shares and/or to other categories of investors

 

DRP

$9.69

 

Declared Distribution1

6.62%

 

Distribution Schedule1

Monthly

 

Redemption Schedule2

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)

 

Expected Term3

5 to 8 years

 

Return Objective

Income & Growth

 

Investor Suitability4

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 three months ended March 31, 2017, we declared distributions of $30,897,000 compared to cash flow provided by operations of $3,496,000. The remaining $27,401,000, or 88.7%, was paid used 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 $(27,079,000) 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.

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.