Northwest Healthcare Properties REIT convertible debentures offering

Goodmans LLP acted for Northwest Healthcare Properties Real Estate Investment Trust (the "REIT") in connection with a public offering whereby the REIT sold C$135 million aggregate principal amount of 6.25% convertible unsecured subordinated debentures ("Debentures"), on a bought deal basis, to a syndicate of underwriters co-led by RBC Capital Markets and Scotiabank.

The REIT also issued an additional C$20.25 million aggregate principal amount of Debentures pursuant to the exercise in full of an over-allotment option granted by the REIT to the underwriters. The exercise of the over-allotment option increased the total gross proceeds of the Offering to C$155.25 million.