More news for Monday, June 17
Revenue from HCR ManorCare helps ProMedica offset operating losses in first quarter … Welltower releases corporate social responsibility report
Welltower
‘Stay tuned’ as Welltower devises more affordable products for the middle market, CEO says
Although Welltower has “curated” its seniors housing portfolio to focus on properties in “high barrier-to-entry markets,” the real estate investment trust is aware that middle-income individuals will need more affordable options in the coming years, Chairman and CEO Tom DeRosa said Wednesday.
People in the news, May 21
Welltower EVP Mercedes Kerr has been named president of Belmont Village Senior Living. And promotions and appointments at Benchmark Senior Living, Charles E. Smith Life Communities, Friendship Village, GlynnDevins, Integral Senior Living, LeadingAge PA, Legacy Senior Communities, Meyer Design, Presbyterian Senior Living, Sedgebrook, Senior Living Communities, Sodalis Senior Living, Solstice Senior Living and Ziegler.
People in the news, May 7
Appointments, promotions and other personnel news at Affinity Living Group, Atlas Senior Living, Benchmark Senior Living, Capitol Seniors Housing, Five Star Senior Living, HCP, Integral Senior Living, LCS, Plante Moran, Porter Hills, Springpoint Senior Living, United Methodist Retirement Communities and Welltower.
Welltower encouraged by first-quarter senior housing performance
Welltower executives Tuesday said first-quarter senior housing operator portfolio results exceeded expectations in rate, occupancy and labor costs.
Welltower ‘cautiously optimistic’ about senior housing for 2019
Recent portfolio performance and demographic trends have Welltower executives feeling hopeful about senior housing for 2019, they told investors and analysts Tuesday.
Big senior living stories of 2018
Here’s a look at some of the news that occupied many minds in senior living over the past year.
Welltower announces $725 million in seniors housing acquisitions, $300 million investment from Qatar
Toledo, OH-based real estate investment trust Welltower will spend $725 million in four off-market seniors housing transactions, the REIT announced Tuesday, one of several pieces of news shared on its Investor Day in New York City, where Welltower maintains an office. The company also revealed a $300 million investment from an affiliate of the Qatar Investment Authority, two new board members, and a lawsuit related to its merger with Quality Care Properties.
Welltower-commissioned effort seeks to establish quality standards for assisted living, memory care
Real estate investment trust Welltower has enlisted a group of senior living operators, academics, industry representatives and adult children of residents to develop care quality standards for its assisted living and memory care community operators that could be used across the industry.
Welltower, Hines plan second Manhattan senior living high-rise
Real estate investment trust Welltower and international real estate firm Hines plan to build a second urban senior living community in Manhattan, on Upper West Side property on which they have closed, the two companies announced Friday.
Next post in Companies
