Press announcements.announced today it has closed an amended

“The new term loan and expansion to your general unsecured credit center represents an important success when you look at the placement of CNL Healthcare Properties,” said Stephen H. Mauldin, president and CEO of CNL Healthcare characteristics. “Our lenders have actually shown great confidence in the company’s strategy and also this funding can help place the investment for optimal success.”

Kevin Maddron, primary monetary officer of CNL Healthcare characteristics, included: “It happens to be a pleasure to utilize all of our line lenders because the facility was put in place in late 2014, so we welcome the banks who’re brand new individuals towards the center.”

At the time of Nov. 24, 2015, CNL Healthcare Properties owned passions in 72 seniors housing communities, 49 office that is medical, 10 post-acute care facilities and five severe care hospitals.

About CNL Healthcare Properties

CNL Healthcare characteristics, Inc., is really an estate that is real trust (REIT) that centers around acquiring properties in the seniors housing and health care sectors, including stabilized, value-add and development assets, along with other income-producing properties, real-estate associated securities and loans. CNL Financial Group, LLC is the sponsor of CNL Healthcare qualities. To learn more, see CNLHealthcareProperties

About CNL Financial Group

CNL Financial Group (CNL) is a prominent investment that is private company supplying global real-estate and alternative assets. Since inception in 1973, CNL and/or its affiliates have actually acquired or formed organizations with increased than $33 billion in assets. CNL is headquartered in Orlando, Florida. For lots more information, see CNL

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For more info regarding dangers and uncertainties from the Company’s company, and critical indicators that may cause the Company’s actual leads to differ materially from those expressed or https://paydayloancard.com/payday-loans-mi/ suggested in its forward-looking statements, please relate to the facets detailed and described under “Management’s Discussion and review of Financial Condition and outcomes of Operations” and also the “Risk Factors” sections for the Company’s papers filed every once in awhile aided by the U.S. Securities and Exchange Commission, including, but not restricted to, the Company’s quarterly reports on Form 10-Q, together with Company’s report that is annual Form 10-K, copies of that might be acquired through the Company’s web site at CNLHealthcareProperties

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