Global investment firm KKR announced Wednesday that it has closed on a $2 billion fund that will invest in senior living communities as well as apartment buildings serving all ages.
Toledo, OH-based Welltower has agreed to pay $368 million to Newton, MA-based Senior Housing Properties Trust for four rental continuing care retirement communities managed by Sunrise Senior Living, the real estate investment trusts announced Tuesday.
Promotions and appointments at Buckner Retirement Services, Cura Hospitality, Elkco Properties, Erickson Living, Friendship Village, RED Mortgage Capital, Solera Senior Living, Validus Senior Living and Welltower.
Welltower has settled a lawsuit against a former employee, and the terms will push back his start date with a competitor about two months, executives said Tuesday. During an earnings call, they also discussed Brookdale Senior Living, natural disasters and transitioning one operator from a triple-net to RIDEA structure.
Appointments and promotions involving Erickson Living, Front Porch, Legacy Senior Communities, National Lutheran Communities & Services, New Jewish Home and Welltower.
Eighty percent of baby boomers who live in large cities want to keep living there after they turn 80 — either in their current homes or someplace nearby, according to the results of the 2017 Aging in Cities survey commissioned by Welltower.
Real estate investment trust Ventas has been named to the Dow Jones Sustainability North America Index for the first time and has been ranked the top healthcare REIT by GRESB in its assessment of real estate environment, social and governance factors.
Welltower is the top-ranked seniors housing-related entity on Revista's new list of Top 50 Owners of Medical Real Estate. See what other companies made the list.
Chicago-based Enlivant Senior Living for the first time is ranked among the top 10 largest senior housing owners in the United States on the 2017 ASHA 50 list.
Healthcare real estate investment trust HCP still expects Scott Brinker to join the company in January as executive vice president and chief investment officer, despite allegations from his former employer, Welltower, that he violated the terms of his separation agreement by entering into discussions with a competitor, HCP Executive Chairman Michael McKee said Tuesday during a second-quarter earnings call.
Back-to-back earnings calls Friday morning suggested a healthy future for senior living operators, as two large public healthcare real estate investment trusts relayed the growing place that senior living has in their portfolios.
The seniors housing operating portfolio was "the highlight" of the second quarter for Welltower, "with meaningful outperformance relative to our budget," Shankh Mitra, the real estate investment trust's senior vice president for finance and investments, told participants in a second-quarter earnings call Friday.
Appointments and awards involving Community at Asbury Place, Brookmeade, Era Living, Erickson Living, Hebrew SeniorLife, Sage Senior Living, Sodexo, Springpoint Senior Living and Welltower.
A preliminary injunction hearing has been set for May 25 as real estate investment trust Welltower sues its former executive vice president and chief investment officer, Scott M. Brinker, alleging that he violated the terms of his separation agreement from the company by entering into discussions with competing REIT HCP that led to his being hired there.
Efforts to repeal and replace the Affordable Care Act ultimately could contain good news for seniors housing, Welltower CEO Thomas DeRosa said Friday during the real estate investment trust's first-quarter earnings call.
Hospitals increasingly are seeing senior living communities as part of a solution to lowering their risk associated with older adults, Welltower CEO Tom DeRosa told analysts participating in an earnings call on Wednesday. His remarks came as the REIT announced a new partnership with Johns Hopkins Medicine.
Welltower has a "solid" relationship with Brookdale Senior Living but is not looking to increase its holdings in the company, the healthcare real estate investment trust's executives told analysts participating in an earnings call on Wednesday.
Appointments, promotions, awards and other news from Charles E. Smith Life Communities, Cornerstone Healthcare Group Holding, Erickson Senior Living, HCP, Healthcare Realty Trust, Integrace, LCB Senior Living, LeadingAge New Jersey, Lifespace Communities, Morningside Ministries, the National Investment Center for Seniors Housing & Care, New Perspective Senior Living, Presbyterian Communities and Services, Prestige Care, Sun Health at Home, Welltower, Wesley Homes and more.
Appointments, promotions, awards and other news related to Aegis Living, Brandywine Senior Living, Brookdale Senior Living, Capital One, Capital Senior Living, Covenant Retirement Communities, Eliza Bryant Village, Genesis HealthCare, Greystone, Jefferson's Ferry, LeadingAge, Lifespace Communities, North Hill, Welltower, Wheelock Terrace and more.
Eleven Brookdale Senior Living communities currently leased from Welltower are part of a $930 million joint venture agreement announced Wednesday via which a China-based company will make its first investment in U.S. healthcare real estate.
Robert G. Kramer, founder and CEO of the National Investment Center for Seniors Housing & Care, recently spoke with McKnight's about the current state and future prospects of independent living, assisted living, memory care and skilled nursing, as well as trends in seniors housing.
A labor union on Thursday expressed concerns related to Welltower's plans to use a RIDEA structure to lease properties it plans to purchase from Vintage Senior Living, but one of the REIT's executives previously said it can "manage risk and enhance value through a RIDEA structure better than anybody."
Brookdale once again tops this year's ASHA 50 lists of owners and operators of senior living communities in the United States, released Wednesday. The lists do contain some changes from last year, however.
Appointments, promotions and awards involving Cushman & Wakefield, Erickson Living, Equinox Terrace Assisted Living, the Lutheran Home Association, National HealthCare Corp., Watercrest Senior Living, Welltower, WESTliving and more.
Welltower's $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust's position in some of the "sexy six" seniors housing markets, Welltower CEO Thomas DeRosa told participants in a second-quarter earnings call Tuesday.
Appointments, promotions and honors involving Beatitudes Campus, Carillon Assisted Living, the Gerontological Society of America, Hand in Hand Elder Care, LeadingAge, LeadingAge Florida, Lutheran Homes Society, Penney Retirement Community, Welltower and more.
News from Acts Retirement-Life Communities, Amada Senior Care, Caddis, CareTrust REIT, Civitas Senior Living, McGowan Senior Care, Prevarian Senior Living, Spectrum Retirement Communities, Sunrise Senior Living and more.
Appointments, promotions and awards involving Baptist Retirement Community, CEAL, Century Park Associates, Ecumen, HCP, LeadingAge Virginia, Lifespace, Ohio Presbyterian Retirement Services, Presbyterian Communities and Services, Senior Quality Lifestyles Corp., Sun Health at Home, US Memory Care, Watercrest Senior Living, Welltower, Ziegler and more.
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this week.
Real estate investment trust Welltower Inc. has launched the Welltower Foundation with a $250,000 grant to the Alzheimer's Association.