Summary
NorthStar Healthcare 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 NorthStar Healthcare defines as assisted living, memory care, skilled nursing and independent living facilities and continuing care retirement communities. NorthStar Healthcare also invests in other healthcare property types, including medical office buildings, hospitals, rehabilitation facilities and ancillary healthcare services businesses. NorthStar Healthcare's investments are predominantly in the United States, but it also selectively makes international investments. NorthStar Healthcare is externally managed and has no employees. NorthStar Healthcare is sponsored by Colony Capital, Inc. (NYSE: CLNY). NorthStar Healthcare's advisor, CNI NSHC Advisors, LLC, is a subsidiary of Colony Capital and manages its day-to-day operations pursuant to an advisory agreement.
History
NorthStar Healthcare was established in 2005 as a pioneer in the field of technology-enabled healthcare delivery solutions. Since then, the company has established a strong presence in the United States, Canada, Europe and Asia, delivering an extensive range of high-quality healthcare services to customers around the world.
Mission
Our mission is to provide our clients with the highest quality of healthcare services, while offering cost-effective solutions and continuous innovation.
Vision
Our vision is to lead the industry in healthcare delivery solutions, empowering businesses and individuals to live healthier, happier lives.
Key Team
Mr. Kendall K. Young (CEO, Pres & Director)
Mr. Nicholas R. Balzo (CFO, Treasurer & Sec.)
Ms. Ann B. Harrington (Gen. Counsel & Sec.)
Recognition and Awards
NorthStar Healthcare has been recognized with numerous awards, including the Innovation in Healthcare Award from the Global Healthcare Awards, the Health Business Leadership Award from HIMSS Asia-Pacific, and the Healthcare Information and Management Systems Society Europe Gold Award.
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