Welltower’s seniors housing triple-net lease portfolio saw 3.4% year-over-year same-store growth in the quarter, and the senior housing operating portfolio continued to perform above the REIT’s expectations, with same-store growth of 2.8% in the quarter.
CareMore’s clinical programs and onsite care models will be integrated at some Belmont Village and SRG Senior Living independent and assisted living communities in Welltower’s portfolio.
Appointments, promotions and other news at AMDA, Atlas Senior Living, Benchmark, Brookdale Senior Living, Capital Senior Living, CBRE, Covia, Cushman & Wakefield, Ecumen, Franke Tobey Jones, Friendship Senior Options, Frontline Management, Jefferson’s Ferry, Pathway to Living, SantaFe Senior Living, Sedgebrook, Trust Bank, United Zion Retirement Community, Watermark Retirement Communities and Welltower.
Appointments, promotions and other news involving the Benchmark, Civitas Senior Living, Discovery Senior Living, Edgehill, Family CareSpace, Friendship, Golden LivingCenters, LeadingAge Ohio, Legacy Senior Communities, National Investment Center for Seniors Housing & Care, New Senior Investment Group, Oakmont Senior Living, Walker & Dunlop, Welltower and Ziegler.
Despite a 15% reduction in units over the past year, Brentwood, TN-based Brookdale Senior Living is “still well ahead of the rest of the pack,” holding onto the No. 1 spot on Argentum’s new list of the 140 largest senior living providers, the association said Wednesday.
Brentwood, TN-based Brookdale Senior Living tops the 2019 ASHA 50 list of largest U.S. senior housing operators, and Toledo, OH-based real estate investment trust Welltower tops this year’s ASHA 50 list of largest owners.
1 year later: An update on the Welltower-ProMedica partnership … New York Times opinion piece says assisted living is “how not to grow old in America” … Drinking coffee may ease tremors in men with Parkinson’s: study … Even starting exercise late in life can help delay age-related frailty … … Illinois Medicaid beneficiaries will have 40 new memory care options
New York-based global investment firm KKR & Co. is a new financial partner for Benchmark Senior Living, buying 48 communities that formerly were owned by real estate investment trust Welltower.
Companies operating in senior living increasingly are taking steps to make their boards and C-suites look more like the customers they serve and the workers who serve them. It’s a smart and welcome approach.
Welltower’s $2.6 billion in completed gross investments made the second quarter “one of our busiest ever for investments,” Chief Financial Officer John Goodey said Thursday during the real estate investment trust’s latest earnings call. But “the quarter was not driven by a bunch of deals,” Welltower Chairman and CEO Tom DeRosa said.
