0001193125-12-265119.txt : 20120608 0001193125-12-265119.hdr.sgml : 20120608 20120608155755 ACCESSION NUMBER: 0001193125-12-265119 CONFORMED SUBMISSION TYPE: POS EX PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20120608 DATE AS OF CHANGE: 20120608 EFFECTIVENESS DATE: 20120608 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNL Healthcare Trust, Inc. CENTRAL INDEX KEY: 0001496454 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 272876363 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: POS EX SEC ACT: 1933 Act SEC FILE NUMBER: 333-168129 FILM NUMBER: 12897895 BUSINESS ADDRESS: STREET 1: 450 SOUTH ORANGE AVENUE CITY: ORLANDO STATE: FL ZIP: 32801 BUSINESS PHONE: (407) 650-1000 MAIL ADDRESS: STREET 1: 450 SOUTH ORANGE AVENUE CITY: ORLANDO STATE: FL ZIP: 32801 FORMER COMPANY: FORMER CONFORMED NAME: CNL Properties Trust, Inc. DATE OF NAME CHANGE: 20110301 FORMER COMPANY: FORMER CONFORMED NAME: CNL Diversified Lifestyle Properties, Inc. DATE OF NAME CHANGE: 20100713 POS EX 1 d363603dposex.htm POST-EFFECTIVE AMENDMENT NO 2 TO FORM S-11 Post-Effective Amendment No 2 to Form S-11

As filed with the Securities and Exchange Commission on June 8, 2012

Registration No. 333-168129

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

POST-EFFECTIVE AMENDMENT No. 2 TO

FORM S-11

FOR REGISTRATION

Under

THE SECURITIES ACT OF 1933 OF

SECURITIES OF CERTAIN REAL ESTATE COMPANIES

 

 

CNL HEALTHCARE TRUST, INC.

(Exact name of registrant as specified in its governing instruments)

 

 

 

Maryland   6798   27-2876363

(State or other jurisdiction of

incorporation or organization)

 

(Primary Standard Industrial

Classification Code Number)

 

(I.R.S. employer

identification number)

 

CNL Center at City Commons

450 South Orange Avenue

Orlando, Florida 32801

Telephone: (407) 650-1000

 

(Address, including zip code, and telephone number, including area code, of the registrant’s principal executive offices)

 

 

Stephen H. Mauldin

President and Chief Executive Officer

CNL Healthcare Trust, Inc.

CNL Center at City Commons

450 South Orange Avenue

Orlando, Florida 32801

Telephone: (407) 650-1000

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

 

Copies to:

 

Richard Baltz, Esq.

Neil Goodman, Esq.

Arnold & Porter LLP

555 Twelfth Street, NW

Washington, DC 20004-1206

Telephone: (202) 942-5124

  

Peter E. Reinert, Esq.

Lowndes, Drosdick, Doster, Kantor & Reed, P.A.

215 North Eola Drive

Orlando, Florida 32801

Telephone: (407) 843-4600

 

 

Approximate date of commencement of proposed sale to public: As soon as practicable after the registration statement becomes effective.

If any of the securities being registered in this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box.  x

If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration number of the earlier effective registration statement for the same offering.  ¨

If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration number of the earlier effective registration statement for the same offering.  x

If delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following box.  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one)

 

Large accelerated filer   ¨    Accelerated filer   ¨
Non-accelerated filer   x  (Do not check if a smaller reporting company)    Smaller reporting company   ¨

 

 

 


EXPLANATORY NOTE

This Post-Effective Amendment No. 2 to the Form S-11 Registration Statement (Registration No. 333-168129) is filed pursuant to Section 462(d) solely to (i) update Table VI included in Part II of the Registration Statement and (ii) to file an updated power of attorney as an exhibit to the Registration Statement.

PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

Item 36. Financial Statements and Exhibits

 

(b) The following exhibit is filed as part of the Registration Statement:

 

Exhibit No.

  

Description

24    Power of Attorney
99.1    Table VI—(Unaudited) Acquisitions of Properties by Program


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-11 and has duly caused this Post-effective Amendment No. 2 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Orlando, State of Florida, on June 8, 2012.

 

CNL HEALTHCARE TRUST, INC.

(Registrant)

By:   /s/ James M. Seneff, Jr.
 

James M. Seneff, Jr.

Chairman of the Board and Director

Pursuant to the requirements of the Securities Act of 1933, this Post-effective Amendment No. 2 to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

 

Signatures

  

Title

 

Date

/s/ James M. Seneff, Jr.

   Chairman of the Board and Director   June 8, 2012

James M. Seneff, Jr.

    

/s/ *

   Vice Chairman of the Board and Director   June 8, 2012

Thomas K. Sittema

    

/s/ *

   Independent Director   June 8, 2012

Bruce Douglas

    

/s/ *

   Independent Director   June 8, 2012

Michael P. Haggerty

    

/s/ *

   Independent Director   June 8, 2012

J. Douglas Holladay

    

/s/ *

   President and Chief Executive Officer   June 8, 2012

Stephen H. Mauldin

   (Principal Executive Officer)  

/s/ *

   Senior Vice President, Chief Financial   June 8, 2012

Joseph T. Johnson

  

Officer and Treasurer

(Principal Financial Officer)

 

/s/ *

   Senior Vice President and Chief   June 8, 2012

Ixchell C. Duarte

  

Accounting Officer

(Principal Accounting Officer)

 

By his signature set forth below, the undersigned, pursuant to duly authorized powers of attorney filed with the Securities and Exchange Commission, has signed this Post-effective Amendment No. 2 to the Registration Statement on behalf of the persons indicated.

 

*By:

  /s/ James M. Seneff, Jr.
  James M. Seneff, Jr.
  Attorney-in-Fact
EX-24 2 d363603dex24.htm POWER OF ATTORNEY Power of Attorney

Exhibit 24

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each of the undersigned hereby constitutes and appoints James M. Seneff, Jr. and Thomas K. Sittema, and each of them, their true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, with full power to act alone, to sign any and all documents (including both pre-and post-effective amendments in connection with the registration statement), and to file the same, with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agent, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or either of them or their or his substitutes or substitute, may lawfully do or cause to be done by virtue thereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

 

Signatures

  

Title

  

Date

/s/ James M. Seneff, Jr.

   Chairman of the Board and Director    June 4, 2012

James M. Seneff, Jr.

     

/s/ Thomas K. Sittema

   Vice Chairman of the Board and Director    June 4, 2012

Thomas K. Sittema

     

/s/ Bruce Douglas

   Independent Director    June 4, 2012

Bruce Douglas

     

/s/ Michael P. Haggerty

   Independent Director    June 4, 2012

Michael P. Haggerty

     

/s/ J. Douglas Holladay

   Independent Director    June 4, 2012

J. Douglas Holladay

     

/s/ Stephen H. Mauldin

   President and Chief Executive Officer    June 4, 2012

Stephen H. Mauldin

   (Principal Executive Officer)   

/s/ Joseph T. Johnson

   Senior Vice President, Chief Financial    June 4, 2012

Joseph T. Johnson

  

Officer and Treasurer

(Principal Financial Officer)

  

/s/ Ixchell C. Duarte

   Senior Vice President and Chief    June 4, 2012

Ixchell C. Duarte

  

Accounting Officer

(Principal Accounting Officer)

  
EX-99.1 3 d363603dex991.htm ACQUISITION OF PROPERTIES BY PROGRAM Acquisition of Properties by Program

Exhibit 99.1

TABLE VI

(UNAUDITED)

ACQUISITIONS OF PROPERTIES BY PROGRAM

Table VI presents information concerning the acquisition of real properties by the public programs with similar investment objectives sponsored by affiliates of CNL for the period January 1, 2009 to December 31, 2011. This information is intended to assist the prospective investor in evaluating the terms involved in acquisitions by such prior programs.

 

Property name

and location

   Type of
property
   Gross leasable
space (sq. ft.)
or number of
units (Note 1)
   Date
of
purchase
    Mortgage
financing  at
date of
purchase
     Contract
purchase
price plus
acquisition fee
(Note 4)
     Other cash
expenditures
expensed
     Other cash
expenditures
capitalized
     Total
acquisition
cost (Note 2)
 

CNL LIFESTYLE PROPERTIES, INC.

                
Jiminy Peak Mountain Resort – Hancock, Massachusetts    Ski and
Mountain
Lifestyle
   800 skiable acres,
eight chairlifts; fee
interest
     01/27/09      $ —         $ 27,000,000       $ 281,800       $ —         $ 27,281,800   
Stevens Pass – King County, Washington    Ski and
Mountain
Lifestyle
   1,125, skiable acres,
10 chairlifts; fee
interest and special
use permit
     11/17/11      $ —         $ 20,475,000       $ 143,000       $ —         $ 20,618,000   
Wet’nWild Hawaii – Honolulu, Hawaii    Attractions    29-acre waterpark;
leasehold interest
     05/06/09      $ —         $ 25,800,000       $ 368,000       $ —         $ 26,168,000   
Pacific Park – Santa Monica, California    Attractions    2-acre theme park;
leasehold interest
     12/29/10      $ —         $ 34,000,000       $ 514,000       $ —         $ 34,514,000   
Anacapa Isle Marina – Oxnard, California    Marinas    438 wet slips;
leasehold interest
     03/12/10      $ —         $ 9,829,000       $ 286,250       $ —         $ 10,115,250   
Ballena Isle Marina – Alameda, California    Marinas    504 wet slips;
leasehold interest
     03/12/10      $ —         $ 8,179,000       $ 286,250       $ —         $ 8,465,250   
Cabrillo Isle Marina – San Diego, California    Marinas    438 wet slips;
leasehold interest
     03/12/10      $ —         $ 20,575,000       $ 286,250       $ —         $ 20,861,250   
Ventura Isle Marina – Ventura, California    Marinas    579 slips; leasehold
interest
     03/12/10      $ —         $ 16,417,000       $ 286,250       $ —         $ 16,703,250   
Bohemia Vista Yacht Basin – Chesapeake City, Maryland    Marinas    239 wet slips; fee
interest
     05/20/10      $ —         $ 4,970,000       $ 94,000       $ —         $ 5,064,000   
Hack’s Point Marina – Earleville, Maryland    Marinas    239 wet slips; fee
interest
     05/20/10      $ —         $ 2,030,000       $ 94,000       $ —         $ 2,124,000   
Culpepper Place at Branson Meadows – Branson, Missouri    Senior
Housing
   65 residential units      08/31/11      $ —         $ 9,850,000       $ 155,000       $ —         $ 10,005,000   


Property name

and location

   Type of
property
   Gross leasable
space (sq. ft.)
or number of
units (Note 1)
    Date
of
purchase
     Mortgage
financing  at
date of
purchase
    Contract
purchase
price plus
acquisition fee
(Note 4)
    Other cash
expenditures
expensed
    Other cash
expenditures
capitalized
    Total
acquisition
cost (Note 2)
 
Culpepper Place at Chesterfield Village – Springfield, Missouri    Senior
Housing
    
 
80 residential
units
  
  
    08/31/11       $ —       $ 12,200,00      $ 155,000      $ —       $ 12,355,000   
Culpepper Place at Nevada – Nevada, Missouri    Senior
Housing
    
 
31 residential
units
  
  
    08/31/11       $ —        $ 425,000      $ 155,000      $ —        $ 580,000   
Culpepper Place at SpringdaleSpringdale, Arkansas    Senior
Housing
    
 
59 residential
units
  
  
    08/31/11       $ —        $ 8,850,000      $ 155,000      $ —        $ 9,005,000   
Culpepper Place of Springfield – Springfield, Missouri    Senior
Housing
    
 
61 residential
units
  
  
    08/31/11       $ —        $ 7,725,000      $ 155,000      $ —        $ 7,800,000   
Culpepper Place of Jonesboro – Jonesboro, Arkansas    Senior
Housing
    
 
61 residential
units
  
  
    08/31/11       $ —        $ 7,950,000      $ 155,000      $ —        $ 8,105,000   
Town Center Village – Portland, Oregon    Senior
Housing
    
 
 
338
residential
units
  
  
  
    08/31/11       $ —        $ 40,967,000      $ 562,000      $ —        $ 41,529,000   
Grand Victorian of Pekin – Pekin, Illinois    Senior
Housing
    
 
61 residential
units
  
  
    12/29/11       $ —        $ 9,930,000      $ 26,000      $ —        $ 9,956,000   
Grand Victorian of Sterling – Sterling, Illinois    Senior
Housing
    
 
61 residential
units
  
  
    12/29/11       $ —        $ 9,700,000      $ 26,000      $ —        $ 9,726,000   
Grand Victorian of Washington – Washington, Illinois    Senior
Housing
    
 
61 residential
units
  
  
    12/29/11       $ —        $ 11,120,000      $ 26,000      $ —        $ 11,146,000   
Great Wolf Lodge – Sandusky – Sandusky, Ohio    Hotels     
 
 
271-room
waterpark
resort
  
  
  
    08/06/09       $ —        $ 43,400,000      $ 69,300      $ —        $ 43,469,300   
Great Wolf Lodge – Wisconsin Dells – Wisconsin Dells, Wisconsin    Hotels     
 
 
309-room
waterpark
resort
  
  
  
    08/06/09       $ —        $ 46,900,000      $ 69,300      $ —        $ 46,969,300   
The Omni Mount Washington Resort – Bretton Woods, New Hampshire    Hotels     
 
 
 
 
One golf
facility, resort
amenities and
development
land
  
  
  
  
  
    08/12/11       $ —        $ 10,500,000      $ 341,000      $ —        $ 10,841,000   
Granby Development Lands – Granby, Colorado    Other     
 
 
 
 
 
 
 
 
 
1,553 acres
with
infrastructure
and
improvements
such as roads,
water, sewer,
golf course in
various stages
of completion
  
  
  
  
  
  
  
  
  
  
    10/29/09       $ —        $ 51,255,000      $ 600      $ —        $ 51,255,600   
GLOBAL GROWTH TRUST, INC.                
Long Point Property – Mount Pleasant, South Carolina    Multi-
family
development
     (Note 3     05/20/11       $ (Note 3   $

 

3,880,000

(Note 3

  

  $ (Note 3   $ (Note 3   $ 3,880,000   
Gwinnett Center – Duluth, Georgia    Multi-tenant
three
building
office
complex
     264,000        10/17/11       $ 7,000,000      $ 14,361,000      $ 172,000      $ —        $ 14,533,000   
GLOBAL INCOME TRUST, INC.                
Austin Property – Pflugerville, Texas    Light
industrial
building
     51,000        06/08/11       $ 2,820,000      $ 4,634,000      $ 74,000      $ —        $ 4,708,000   
Heritage Commons III – Fort Worth, Texas    Office
building
     119,000        06/28/11       $ 12,400,000      $ 19,097,000      $ 127,000      $ —       $ 19,224,000   
Heritage Commons IV – Fort Worth, Texas    Office
building
     164,000        10/27/11       $ 24,500,000      $ 31,574,000      $ 183,000      $ —        $ 31,757,000   

 

 

FOOTNOTES:

 

Note 1: The types of properties acquired and leased by CNL Lifestyle Properties, Inc. are generally operating properties and are not meaningfully described in terms of number of units or leasable square footage. Therefore, a brief description of the properties are presented to assist a prospective investor in evaluating the characteristics and magnitude of the property acquisitions.
Note 2: Amounts used for acquisitions were derived from offering proceeds from stockholders and, in the case of CNL Lifestyle Properties, Inc., net sales proceeds reinvested in other properties. Amounts were also advanced under each company’s line of credit or through permanent financing to facilitate the acquisition of certain of these properties.
Note 3: The Long Point Property is a development project of a 258 unit Class A garden style apartment community. The Long Point Joint Venture entered into a development agreement with a maximum development budget of approximately $28.6 million. Development is expected to be completed in stages between the second and fourth quarters of 2012. In connection with the development of the property, the Long Point Joint Venture obtained a construction loan with an aggregate principal amount available for construction draws under the loan of $21.4 million. No amounts were drawn at the date of acquisition. Additionally, approximately $0.1 million of acquisition expenses were capitalized related to the Long Point Property acquisition.
Note 4: Contract purchase price plus acquisition fees for Global Growth Trust, Inc. and Global Income Trust, Inc., includes the 1.85% investment service fee paid to their respective advisor. The investment services fee has been expensed and has been included in acquisition fees and expenses on the respective consolidated statement of operations.