NorthStar Healthcare Income, Inc. has been acquired by Welltower Inc. in an all-cash transaction valued at approximately $900 million, reflecting a strategic move in the healthcare REIT sector to enhance diversified property offerings and integrated care models.

Target Information

NorthStar Healthcare Income, Inc. is a public non-listed real estate investment trust (REIT) with a diverse portfolio focused on senior housing properties. The REIT aims to address the needs of an aging population by providing housing solutions that integrate healthcare services and amenities tailored for seniors.

Recently, NorthStar Healthcare was acquired by an affiliate of Welltower Inc. (NYSE: WELL), a prominent healthcare-focused REIT known for investing in healthcare infrastructure. This acquisition, finalized on June 9, 2025, was structured as an all-cash transaction with a total enterprise value of approximately $900 million.

Industry Overview in the U.S.

The healthcare real estate investment trust (REIT) sector has been experiencing significant growth due to demographic trends, particularly the increasing aging population in