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CNL Healthcare Properties (CHTH) has provided an announcement.
CNL Healthcare Properties, Inc. has communicated a new estimated net asset value (NAV) of $6.28 per share to its stockholders, calculated as of December 31, 2023. This revised estimate was approved by the company’s Board after an independent third-party firm provided a detailed valuation analysis. The NAV reflects a range of values for the company’s common stock and is intended to assist stockholders and financial professionals in reporting obligations. Despite the NAV being a current estimate, it’s based on assumptions and estimates that could change, and it doesn’t guarantee future share price or distributions upon the company’s liquidation. The company will discuss the valuation further in an upcoming webinar.
Learn more about CHTH stock on TipRanks’ Stock Analysis page.