CNL Healthcare Properties, Inc. (OTCMKTS:CHTH) Files An 8-K Other EventsItem 8.01Other Events.
On September6, 2017, CNL Healthcare Properties, Inc. (the “Company”) issued a press release that its Board of Directors has approved a 10percent increase in the Company’s quarterly cash distribution, from $0.10581 to $0.11639 per share, effective for the third quarter of 2017. The Company anticipates that the distribution will be paid on or about September11, 2017 to the shareholders of record as of September1, 2017.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 8.01Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit99.1 | CNL Healthcare Properties, Inc. Press Release, dated as of September6, 2017. |
CNL Healthcare Properties, Inc. ExhibitEX-99.1 2 d452552dex991.htm EX-99.1 EX-99.1 Exhibit 99_1 N e w s R e l e a s e For information contact: Colleen Johnson Vice President Communications CNL Financial Group 407-650-1223 CNL HEALTHCARE PROPERTIES RAISES CASH DISTRIBUTION —Board approves distribution increase by 10 percent— (ORLANDO,…To view the full exhibit click here
About CNL Healthcare Properties, Inc. (OTCMKTS:CHTH)
CNL Healthcare Properties, Inc. is a real estate investment trust, which owns a portfolio of properties across the United States. The Company’s real estate ownership consists of owning, managing, leasing, acquiring, developing, investing in, and as conditions warrant, disposing of real estate assets. It focuses on acquiring properties in the senior housing, medical office building, acute care and post-acute care facility sectors, including stabilized, value add and development properties, income-producing real estate, and real estate-related securities and loans. It focuses on acquiring asset classes within the senior housing sector, including active adult communities, such as age-restricted or age-targeted housing; independent and assisted living facilities; continuing care retirement communities, and Alzheimer’s/memory care facilities. The asset classes that the Company focuses on acquiring within the medical office facility sector include physician’s offices and walk-in clinics.
