NorthWest Healthcare Properties REIT $150 Million Supplement and $165 Million Equity Financing

Goodmans LLP acted for NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) in connection with its $150,006,000 supplement dated March 25, 2022 and in connection with its public offering, on a "bought deal" basis, of 10,870,000 trust units (the “Units”) at a price of $13.80 per Unit (the “Offering Price”) representing gross proceeds of approximately $150 million (the "Public Offering"). The Public Offering is being made through a syndicate of underwriters co-led by Scotiabank and RBC Capital Markets.

The REIT has also granted the underwriters the option to purchase up to an additional 1,630,500 Units to cover over-allotments, if any, exercisable in whole or in part anytime up to 30 days following closing of the Public Offering.