CNL Healthcare Sets NAV, Details Sonida Merger Plans

CNL Healthcare Properties ( (CHTH) ) has issued an update.

On February 11, 2026, CNL Healthcare Properties’ board unanimously set an adjusted estimated net asset value of $6.90 per share as of November 4, 2025, aligning that valuation with the consideration to be paid in its previously announced merger agreement under which Sonida Senior Living will acquire the company. The board’s independent valuation committee relied on the terms of the merger and a KeyBanc Capital Markets fairness opinion in concluding the per-share value was reasonable, while emphasizing the NAV is a point-in-time estimate that may change if the transaction does not close.

The company disclosed that, in anticipation of the transaction’s targeted closing in March 2026, the board also approved a prorated regular quarterly distribution of $0.02133 per share for the first quarter through March 16, 2026, payable on or about February 18, 2026 to shareholders of record on February 13, 2026. Alongside the updated NAV, CNL Healthcare Properties began sending shareholders and financial professionals detailed communications and FAQs on February 17, 2026 regarding the merger’s operational and tax considerations, underscoring both the opportunity for liquidity and the customary conditions and risks that could affect completion of the deal.

More about CNL Healthcare Properties

CNL Healthcare Properties, Inc. is a non-traded real estate investment trust focused on healthcare and senior housing properties. The company provides investors exposure to healthcare real estate and has used periodic estimated net asset value calculations to inform shareholder reporting and support broker-dealers’ account statement obligations under FINRA rules.

Average Trading Volume: 6,958

Technical Sentiment Signal: Buy

Current Market Cap: $657.3M

Learn more about CHTH stock on TipRanks’ Stock Analysis page.