Item 8.01. Other Events.

On April 20, 2022, NorthStar Healthcare's board of directors (the "Board") declared a special distribution of $0.50 per share (the "Special Distribution") for each stockholder of record on May 2, 2022 (the "Record Date"). In addition, on April 12, 2022, the Board elected to suspend NorthStar Healthcare's Distribution Reinvestment Plan effective April 30, 2022. As a result, the Special Distribution will be paid only in cash and is expected to be paid to stockholders of record shortly following the Record Date.







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