NorthStar Healthcare Income, Inc., together with its consolidated subsidiaries, was formed to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate, directly or through joint ventures, with a focus on the mid-acuity senior housing sector, which the Company defines as assisted living, memory care, skilled nursing, independent living facilities and continuing care retirement communities. The Company also invests in other healthcare property types, including medical office buildings, hospitals, rehabilitation facilities and ancillary healthcare services businesses. The Company’s investments are predominantly in the United States, but it also selectively makes international investments. The Company was formed in October 2010 as a Maryland corporation and commenced operations in February 2013. The Company elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, commencing with the taxable year ended December 31, 2013. The Company conducts its operations so as to continue to qualify as a REIT for U.S. federal income tax purposes.
Company profile
Ticker
NHHS
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NorthStar Healthcare Income Trust, Inc., NorthStar Senior Care Trust, Inc.
SEC CIK
Corporate docs
Subsidiaries
Aqua Operations • Aqua Property NT-HCI, LLC • Bohemia NT-HCI, LLC • Domino Holdings • Eclipse Health Holdings • Hauppauge NT-HCI, LLC • Healthcare GA Holdings • Islandia NT-HCI, LLC • NHI Watermark Rochester JV Operator, LLC • NHI Watermark Rochester JV Owner, LLC ...
IRS number
273663988
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
9 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
SC 14D9
Tender offer solicitation
1 May 24
SC TO-T
Third party tender offer statement
26 Apr 24
ARS
2023 FY
Annual report to shareholders
15 Apr 24
DEFA14A
Additional proxy soliciting materials
15 Apr 24
DEF 14A
Definitive proxy
15 Apr 24
8-K
Regulation FD Disclosure
22 Mar 24
10-K
2023 FY
Annual report
22 Mar 24
SC TO-T/A
Third party tender offer statement (amended)
11 Mar 24
Latest ownership filings
SC 13G/A
Comrit Investments 1, LP
15 Apr 24
SC 13G
Comrit Investments 1, LP
12 Mar 24
3
Ann Harrington
3 Oct 23
4
Thomas Andrew Smith
22 Jun 23
4
Gregory A Samay
22 Jun 23
4
Jonathan A. Carnella
22 Jun 23
3
Kendall K Young
24 Oct 22
3
Nicholas Balzo
24 Oct 22
4
Jonathan A. Carnella
1 Jul 22
4
Thomas Andrew Smith
24 Jun 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 98.97 mm | 98.97 mm | 98.97 mm | 98.97 mm | 98.97 mm | 98.97 mm |
Cash burn (monthly) | 6.73 mm | 726.25 k | 3.79 mm | 8.58 mm | (no burn) | (no burn) |
Cash used (since last report) | 49.67 mm | 5.36 mm | 27.96 mm | 63.31 mm | n/a | n/a |
Cash remaining | 49.30 mm | 93.61 mm | 71.01 mm | 35.65 mm | n/a | n/a |
Runway (months of cash) | 7.3 | 128.9 | 18.7 | 4.2 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Jun 23 | Samay Gregory A | Common Stock | Grant | Acquire A | No | No | 0 | 29,010 | 0.00 | 115,604 |
21 Jun 23 | Jonathan A. Carnella | Common Stock | Gift | Acquire G | Yes | No | 0 | 29,010 | 0.00 | 79,054 |
21 Jun 23 | Jonathan A. Carnella | Common Stock | Gift | Dispose G | No | No | 0 | 29,010 | 0.00 | 0 |
21 Jun 23 | Jonathan A. Carnella | Common Stock | Grant | Acquire A | No | No | 0 | 29,010 | 0.00 | 29,010 |
21 Jun 23 | Smith Thomas Andrew | Common Stock | Grant | Acquire A | No | No | 0 | 29,010 | 0.00 | 81,099 |