The latest update is out from NorthStar Healthcare Income ( (NHHS) ).
On January 29, 2025, NorthStar Healthcare announced its impending merger with an affiliate of Welltower, a transaction valued at approximately $900 million, which offers $3.03 per share in cash to stockholders. This merger represents a strategic move for NorthStar Healthcare, aligning with its efforts to enhance portfolio performance and achieve liquidity, while Welltower aims to integrate NorthStar’s assets into its expanding portfolio to bolster its regional strategy.
More about NorthStar Healthcare Income
NorthStar Healthcare Income, Inc. is a Maryland-based, internally managed, public, non-listed real estate investment trust (REIT) that owns a diversified portfolio of seniors housing properties across the United States. Established in 2010, NorthStar Healthcare focuses on independent living, assisted living, and memory care facilities, operating under a REIT structure for federal income tax purposes.
YTD Price Performance: -5.26%
Average Trading Volume: 11,897
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $167.1M
For an in-depth examination of NHHS stock, go to TipRanks’ Stock Analysis page.