Press Release: CNL Financial Group, Inc. : CNL Healthcare Properties Issues Special Distributions, Updates Per Share Net Asset Value

Orlando, Fla. , May 22, 2019 (GLOBE NEWSWIRE) -- Following the recent sale of 59 assets, including 55 medical office buildings to Welltower Inc (NYSE:WELL) for $1.25 billion, the board of directors of CNL Healthcare Properties has unanimously approved a special distribution and updated the company's estimated net asset value (NAV) per share. The board of directors has also adjusted the quarterly distribution rate.