All statements, other than statements that relate solely to historical facts, including,
among others, statements regarding the Companys future financial position, business strategy, projected levels of growth, projected costs and projected financing needs, are forward-looking statements. Those statements include statements
regarding the intent, belief or current expectations of the management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as may, will,
seeks, anticipates, believes, estimates, expects, plans, intends, should, continues, pro forma or similar expressions.
Forward-looking statements are not guarantees of future performance and actual results may differ materially from those contemplated by such forward-looking statements due to a variety of risks, uncertainties and other factors, including but not
limited to, the factors detailed in our annual report for the year ended December 31, 2018, and other documents filed from time to time with the Securities and Exchange Commission.
Many of these factors are beyond the Companys ability to control or predict. Such factors include, but are not limited to: changes in
general economic conditions in the U.S. or globally (including financial market fluctuations); risks associated with our investment strategy; risks associated with the real estate markets in which the Company invests; risks associated with the use
of debt to finance the Companys business activities, including refinancing and interest rate risk and the Companys failure to comply with its debt covenants; the Companys failure to obtain, renew or extend necessary financing or to
access the debt or equity markets; competition for properties and/or tenants in the markets in which the Company engages in business; the impact of current and future environmental, zoning and other governmental regulations affecting the
Companys properties; the Companys ability to make necessary improvements to properties on a timely or cost-efficient basis; risks related to development projects or acquired property value-add
conversions, if applicable (including construction delays, cost overruns, the Companys inability to obtain necessary permits and/or public opposition to these activities); defaults on or non-renewal of
leases by tenants; failure to lease properties at all or on favorable rents and terms; unknown liabilities in connection with acquired properties or liabilities caused by property managers or operators; the Companys failure to successfully
manage growth or integrate acquired properties and operations; increases in operating costs and other expense items and costs, uninsured losses or losses in excess of the Companys insurance coverage; the impact of outstanding or potential
litigation; risks associated with the Companys tax structuring; the Companys failure to qualify and maintain its status as a real estate investment trust; and the Companys ability to protect its intellectual property and the value
of its brands.
Management believes these forward-looking statements are reasonable; however, such statements are necessarily dependent on
assumptions, data or methods that may be incorrect or imprecise and the Company may not be able to realize them. Investors are cautioned not to place undue reliance on any forward-looking statements which are based on current expectations. All
written and oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by these cautionary statements. Further, forward-looking statements speak only as of the date they are made and
the Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time unless otherwise required by law.
For further information regarding risks and uncertainties associated with our business, please refer to the Managements Discussion
and Analysis of Financial Condition and Results of Operations and Risk Factors sections of our documents filed from time to time with the U.S. Securities and Exchange Commission, including, but not limited to, our annual report on
Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained from our website at http://www.cnlhealthcarepropertiesII.com.
We undertake no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect
future events or circumstances or to reflect the occurrence of unanticipated events.