 |
| Steve Hentschel |
HFFS was engaged in 2018 to act as a strategic financial
advisor in exploring and executing potential liquidity alternatives for CNL
Healthcare Properties.
The medical office portfolio comprises approximately 3.3 million square
feet across 16 states, positioned in strategic locations within major
metropolitan markets.
The facilities are affiliated with some of the nation’s premier health systems, including Novant, Memorial Hermann and Cleveland Clinic.
The facilities are affiliated with some of the nation’s premier health systems, including Novant, Memorial Hermann and Cleveland Clinic.
 |
| Ted Flagg |
The HFFS team representing CNL was led by senior managing directors Steve
Hentschel and Ted Flagg as well as members of HFF’s national
medical office capital markets team, including managing directors Evan Kovac
and Ben Appel and directors Andrew Milne, Zach Drozda and Anthony
Frogameni.
“This is the second largest medical office portfolio sale to ever transact
based on total dollar volume,” said Milne. “The high-quality portfolio
primarily consists of properties positioned in major markets and on campuses of
leading U.S. healthcare systems.”
 |
| Evan Kovac |
About CNL Healthcare
Properties
CNL Healthcare Properties, Inc., is a real estate investment trust (REIT) that focuses on investing in institutional quality properties in the seniors housing and healthcare sectors, including stabilized, value-add and ground-up development assets, as well as other income-producing properties, real-estate related securities and loans.
CNL Financial Group, LLC is the sponsor of
CNL Healthcare Properties.
 |
| Ben Appel |
For more information, please visit http://www.cnlhealthcareproperties.com.
About CNL Financial Group
CNL Financial Group (CNL) is a private investment management firm providing real estate and alternative investments. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than$34 billion in assets. CNL is headquartered in Orlando, Florida.
 |
| Andrew Milne |
Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure.
The company
invests with leading seniors housing operators, post-acute providers and health
systems to fund the real estate infrastructure needed to scale innovative care
delivery models and improve people's wellness and overall health care
experience.
Welltower™, a
real estate investment trust ("REIT"), owns interests in properties
concentrated in major, high-growth markets in the United
States, Canada and the United Kingdom, consisting of seniors
housing and post-acute communities and outpatient medical properties.
 |
| Zack Drozda |
Welltower
routinely posts important information on its website at welltower.com in the "Investors"
section, including corporate and investor presentations and financial
information.
The firm intends
to use its website as a means of disclosing material, non-public information
and for complying with its disclosure obligations under Regulation FD. Such
disclosures will be included on its website under the heading
"Investors."
 |
| Anthony Frogameni |
The information
on Welltower’s website is not incorporated by reference in this press release,
and the web address is included as an inactive textual reference only.
CONTACTS:
TED FLAGG
HFFS Senior Managing Director
(212) 336-5482
EVAN KOVAC
HFF Managing Director
(206) 576-0050
(206) 576-0050
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