MAXIMUM OFFERING SIZE
$2 billion shares of Class A, Class T and Class I common stock
OFFERING PRICE PER SHARE
Class A: $10.93
Class T: $10.50
Class I: $10.00
Seniors housing, medical office, acute care, post-acute care and other income-producing real estate assets
United States, with the opportunity for limited international acquisitions
Income and growth
Combination of cash and stock
DISTRIBUTION PAYMENT SCHEDULE2
Declared monthly and paid quarterly
DISTRIBUTION REINVESTMENT PRICE
See prospectus for details
Limited redemptions available at the then-current net investment amount or estimated net asset value per share
While there are no assurances regarding the timing of a liquidity event, the board of directors will consider liquidity event options no later than 2023
$250,000 net worth or $70,000 net worth and $70,000 annual gross income (excluding home, furnishings and personal automobiles). Some states may have additional standards. These states include, but are not limited to, AL, CA, IA, ID, KS, KY, MA, MO, ND, NE, NJ, NM, OR, PA and VT. See the Suitability Standards section of the prospectus.
1 There is no assurance this objective will be met. CNL Healthcare Properties II has no operating history. The prior performance of real estate programs sponsored by CNL may not be indicative of the future results of CNL Healthcare Properties II. During select periods, some REIT programs sponsored by CNL had a backlog of redemption requests that were unfulfilled and experienced net operating losses. In addition, two REITs have taken impairment charges on certain properties. During and after the global financial crisis in 2008, some REITs experienced declining performance which impacted the REITs’ valuation. Please read the prospectus before investing.
2 There is no guarantee of future cash distributions or if distributions will be paid at all. Due to the high levels of investment costs and fees incurred during the REIT's initial phase, distributions will not be fully covered by cash flows from operating activities and will be paid from expense waivers, borrowings and offering proceeds. For the year ended Dec. 31, 2016, 100 percent of total distributions were funded by offering proceeds. Distributions paid from sources other than operating cash flow, now and in the future, are not sustainable and can reduce investors’ overall return. See the Risk Factors section of this piece and in the prospectus for additional information about the distribution policy.
3 In no event will more than 5 percent of the weighted average of all share classes of the outstanding shares be redeemed in any 12-month period. Redemption price is determined by the share redemption plan in the prospectus at the time of redemption. The REIT may modify, suspend or terminate the redemption plan at any time. See the prospectus for details.