Sentio Healthcare Properties is a real estate investment trust (REIT), which invests exclusively in healthcare related real estate, and is committed to delivering strong and reliable returns to investors. The Company features a diversified portfolio of seniors housing and medical properties throughout the United States. Began IPO in October 2007 and second public offering in February 2011. This follow-on offering was suspended on April 29, 2011. The company raised $127.0 million in its two public offerings. As of December 31, has invested in 35 properties including interests in 28 memory care, assisted-living and independent-living facilities, two medical office bldgs., four operating healthcare facilities and one in-development facility. Senior living facilities accounting for 78 % of NOI in 2016, while triple-net-leased healthcare facilities accounted for 21 % of NOI. Total borrowings were 64 % of total assets at December 31. FPO per share for 2016 was $1.641, up 67% from $0.984 for 2015. Dividends-to-FPO ratio for 2016 was 30%, down from 51 % for 2015. MFPO per share for 2016 was $1.388, up 26% from $1.100 for 2015. Dividends-to-MFPO ratio for 2016 was 36%. Portfolio NOI increased 15% from 2015 to 2016. Ordinary share repurchases continue to be suspended. Has entered into an agreement with an affiliate of Kohlberg Kravis Roberts & Co. for the purpose of obtaining up to $158.7 million of equity funding for future real estate acquisitions; this investment is in the form of newly issued preferred stock over three years. This commitment has been fully funded. As a result of this issuance, the KKR affiliate owns 5 8 % of the outstanding shares of common stock of the company on an as-converted basis.