NorthStar Healthcare Morrison Foerster advised NorthStar Healthcare Income, Inc., a public non-listed real estate investment trust with a diversified portfolio of senior housing properties, in its $900 million all-cash sale to an affiliate of Welltower Inc. Welltower is a real estate investment trust that invests in healthcare infrastructure. Welltower indicated that it expects the acquisition of NorthStar Healthcare to enhance Welltower’s portfolio and further accelerate its regional densification strategy, utilizing its existing geographic footprint and network of senior housing operators. We are pleased to have reached this agreement with Welltower, which is . . . a great outcome for our stockholders, delivering a compelling, certain, cash value for their shares.” Kendall Young, CEO and President of NorthStar Healthcare 22 Morrison Foerster
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