---
schema_version: "secwatch.filing_event.v1"
accession: "0001503707-24-000036"
form_type: "8-K"
ticker: null
cik: "0001503707"
company_name: "NorthStar Healthcare Income, Inc."
filed_at: "2024-09-20T23:59:59+00:00"
generated_at: "2026-05-31T02:46:41.670809+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NorthStar Healthcare completes sale of Trilogy Investment for net proceeds of ~$252M

## Summary
- Net cash proceeds of ~$252M from sale of Trilogy Investment to American Healthcare REIT.
- Company to evaluate use of proceeds for near-term debt maturities and potential special distributions.
- Pro forma cash and equivalents rise to $334.7M from $82.2M as of June 30, 2024.
- Pro forma gain on sale of $129.7M reduces accumulated deficit to ~$1.474B.

## SEC filing metadata
- accession: 0001503707-24-000036
- form_type: 8-K
- cik: 0001503707
- company_name: NorthStar Healthcare Income, Inc.
- filed_at: 2024-09-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1503707/000150370724000036/0001503707-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1503707/000150370724000036/nshi-20240920.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001503707-24-000036
- JSON: https://secwatch.observer/filing/0001503707-24-000036.json
- Plain text: https://secwatch.observer/filing/0001503707-24-000036.txt

## Key facts
- M&A Transactions
  NorthStar Healthcare Income, Inc. completed a disposition involving American Healthcare REIT, Inc. and its subsidiary for approximately $252 million (closed 2024-09-20).
  - Action: disposition
  - Counterparty: American Healthcare REIT, Inc. and its subsidiary
  - Consideration: approximately $252 million
  - Closing: 2024-09-20
  source text: On September 20, 2024, AHR completed its purchase of the Trilogy Investment in accordance with the Option Agreement, which resulted in net cash proceeds to NorthStar Healthcare of approximately $252 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1503707/000150370724000036/0001503707-24-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.