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CNL Healthcare Properties, CNL Healthcare Properties II board chairman to resign

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CNL Healthcare Properties, CNL Healthcare Properties II board chairman to resign

CNL Healthcare Properties II Inc. and CNL Healthcare Properties Inc. Chairman Thomas Sittema will resign from the board of directors of both companies Dec. 31.

Sittema will also resign as CEO of CHP II Advisors LLC and CNL Healthcare Corp., the companies' respective advisers.

The board of CNL Healthcare Properties II elected vice chairman Stephen Mauldin as board chairman, effective Jan. 1, 2018. The board of CNL Healthcare Properties appointed James Seneff, former nonexecutive board chairman, as chairman for the remainder of Sittema's term.