Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Business briefs for Thursday, June 18
Jun 18, 2020
Welltower named to CR Magazine’s 100 Best Corporate Citizens of 2020 … Ventas ranked No. 1 in real estate industry in 3BL Media’s 100 Best Corporate Citizens of 2020 … Cadence Living and Dylan...
Business briefs for Wednesday, June 17
By
Amy Novotney
Jun 17, 2020
Nearly 6 in 10 CFOs worried a new wave of COVID-19 infections will threaten business recovery: pulse survey … CareTrust REIT announces quarterly dividend of $0.25 per share … National Health Investors...
Welltower sells $1.3B in seniors housing and outpatient medical assets; sees occupancy decline pace slowing
By
Amy Novotney
Jun 03, 2020
Toledo, OH-based Welltower closed on the sale of a $300 million portfolio of six seniors housing assets in May, according to a business update released by the real estate investment trust late Monday.
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Welltower sees long-term viability in senior living despite near-term challenges
By
Kimberly Bonvissuto
May 08, 2020
COVID-19 affected Welltower’s business overnight, but the real estate investment trust remains committed to senior housing in its portfolio, executives said on a first-quarter earnings call.
Sabra reports occupancy declines due to COVID-19; other companies also negatively affected
By
Amy Novotney
May 08, 2020
Irvine, CA-based Sabra Health Care REIT declared a quarterly cash dividend of 30 cents per share of common stock Wednesday, to be paid on May 29 to common stockholders of record as of the close of business...
Business briefs for Monday, April 27
Apr 27, 2020
Trump signs $484 billion bill to aid small businesses, hospitals … Seniors housing sector likely to take the longest to recover from recession, some experts say … Fed will disclose bailout recipients...
Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...