LAKE FOREST, Calif.–(PR NEWSWIRE) — On Thursday, January 30, 2020 Elizabeth A. Pagliarini, Chief Operating Officer and Chief Financial Officer for Summit Healthcare REIT, Inc. (“Summit”) was awarded the Lifetime Achievement Award at the 2020 Orange County Business Journal’s CFO of the Year Awards. The winners were recognized in five major categories: Outstanding CFO of a Public Company, Outstanding CFO of a Private Company, Outstanding CFO of a Not-for-Profit Organization, Rising Star and Lifetime Achievement for outstanding performance as a corporate steward for the preceding year. Among 70 financial professionals nominated, Ms. Pagliarini was recognized for her illustrious career and outstanding record of accomplishments and achievements spanning the last three decades.

“I am so incredibly honored and humbled to receive this award and to be recognized alongside such an impressive group of CFOs,” said Elizabeth Pagliarini. “I am truly grateful to have had such an exciting, diverse career and to now work in real estate with an amazing, dedicated and supportive team, especially our CEO Kent Eikanas, Controller Sharyn Grant, and Chairman of the Board Steve Roush.”

About Summit Healthcare REIT, Inc.

Summit is a publicly registered non-traded REIT that is currently focused on investing in senior housing real estate located throughout the United States. The current portfolio includes interests in 57 Senior Housing facilities in 14 states. Please visit our website at: https://www.summithealthcarereit.com

For more information, please contact Chris Kavanagh at (800) 978-8136.

This material does not constitute an offer to sell or a solicitation of an offer to buy Summit Healthcare REIT, Inc. This release may contain forward-looking statements relating to the business and financial outlook of Summit Healthcare REIT, Inc. that are based on our current expectations, estimates, forecasts and projections and are not guarantees of future performance. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from any forward- looking statements contained in this release. Such factors include those described in the Risk Factors sections of the Company’s annual report on Form 10-K for the year ended December 31, 2018, and the quarterly reports for the periods ended March 31, 2019, June 30, 2019 and September 30, 2019. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.