Welltower to acquire NorthStar Healthcare for $900m.

Welltower, a REIT investing in healthcare infrastructure, agreed to acquire NorthStar Healthcare, a public REIT that owning a diversified portfolio of seniors housing properties, for $900m. "Over the past few years, we have been executing on a disciplined strategy to improve the performance of our portfolio and opportunistically pursue dispositions, to create value and position NorthStar Healthcare for a liquidity event. We are pleased to have reached this agreement with Welltower, which is the culmination of these efforts and a great outcome for our stockholders, delivering a compelling, certain, cash value for their shares," Kendall Young, NorthStar Healthcare President and CEO.