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For the six months ended Jund 30, 2019, 100 percent of regular cash distributions were covered by operating cash flow as defined by GAPP.
Launched in 2011, CNL Healthcare Properties is advised by CNL Healthcare Corp., an affiliate of CNL Financial Group.
CNL Healthcare Properties' management team is employed by an affiliate of CNL Financial Group.
The Company does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.The Company also announced today that the conversion of the Company from a Maryland corporation to a Delaware limited liability company to be known as New York REIT Liquidating LLC (the "LLC") is expected to become effective at p.m. In connection with the conversion of the Company to the LLC, the Company intends to withdraw its shares of common stock from trading on the New York Stock Exchange ("NYSE") and the Company expects the last day of trading will be November 2, 2018 and that the Company's stock transfer books will be closed as of p.m. When the conversion becomes effective, Company stockholders will automatically receive one unit of common membership interest in the LLC (which units will be in book entry form) for each share of the Company's common stock held by such stockholder.Units in the LLC will generally not be transferable, and units will not trade on the NYSE or any other exchange following the effective time of the conversion.For more information, please visit our website at com.Forward-Looking Statements The statements in this release that are not historical facts may be forward-looking statements.