- CEO
- Kendall K. Young
- Full Time Employees
- 8
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
- Address
- 590 Madison Avenue New York City NY United States of America 10022
- IPO Date
- Feb 12, 2021
- Business
- NorthStar Healthcare Income, Inc. operates as a real estate investment trust (REIT) specializing in the healthcare real estate sector. The company focuses on acquiring, originating, and asset managing a diversified portfolio of seniors housing properties, including independent living, assisted living, memory care, and skilled nursing facilities across the United States. Its core products and services encompass equity and debt investments in healthcare real estate properties, with a portfolio that spans multiple types of seniors housing and healthcare infrastructure.
The firm was founded in 2010 and is headquartered in New York, New York. It operates primarily in the United States healthcare real estate market, targeting senior housing providers and healthcare operators as tenants or partners. NorthStar Healthcare Income, Inc. also provides origination and asset management services related to its real estate investments.
Recently, NorthStar Healthcare Income, Inc. has undergone a major strategic change, agreeing to be acquired by an affiliate of Welltower Inc., a leading real estate investment trust focused on healthcare infrastructure. This all-cash transaction, valued at approximately $900 million, was completed in mid-2025 and marks a significant operational shift toward integration with Welltower’s portfolio and strategy. This acquisition aligns with broader trends in healthcare REITs focused on portfolio diversification and the scaling of innovative care delivery models under a unified real estate platform.
Overall, NorthStar Healthcare Income, Inc. is recognized for its diversified healthcare real estate holdings, including senior living communities and skilled nursing facilities, its focus on equity and debt investments within healthcare real estate, and its recent strategic merger with Welltower to enhance its market position and operational scale. This positions the company distinctly within the healthcare REIT industry in North America.