CNL HEALTHCARE PROPERTIES TO CONDUCT ANNUAL VALUATION
From GlobeNewswire:
CNL Healthcare Properties plans to release an estimated net asset valuation (NAV) of their common stock by December 31, 2023. The 2023 NAV will be announced on or around March 12, 2024, followed by a webinar on March 14, 2024, at 2:30 p.m. Eastern Time. Interested participants can register on cnlhealthcareproperties.com/webinar. Robert A. Stanger & Co. Inc. will assist the board in establishing the NAV and they have been engaged by CNL Healthcare Properties in the past for the same purpose. The NAV will be established in accordance with the company’s valuation policy and recommendations from the Institute for Portfolio Alternatives, a trade association for non-listed direct investment vehicles.
CNL Healthcare Properties, Inc., a real estate investment trust (REIT), focuses on stabilized, value-add, and ground-up development assets in seniors housing. CNL Financial Group, LLC is the sponsor of CNL Healthcare Properties. For those seeking more information, visit cnlhealthcareproperties.com. CNL Financial Group is a prominent private investment management firm offering alternative investment opportunities. Since 1973, CNL and its affiliates have formed or acquired companies with over $36 billion in assets._CNLPARAM_NUM_GC_tF_AC_TUN_NUM.
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