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%...
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Never mind our $3 billion offer, Welltower says
By
Amy Novotney
Apr 07, 2020
Welltower has withdrawn its bid to buy London-based Barchester Healthcare, which operates more than 200 assisted living, memory care and nursing care facilities in the United Kingdom, The Times reported...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Welltower, Diversified Healthcare Trust takes steps to address financial impact of COVID-19 pandemic
By
Amy Novotney
Apr 04, 2020
Toledo, OH-based real estate investment trust Welltower announced several steps late Wednesday that the firm has taken in recent weeks to strengthen its balance sheet and enhance its liquidity profile.
Senate leader promises coronavirus relief this week as U.S. cases, deaths increase and senior living...
By
Lois A. Bowers
Mar 18, 2020
As coronavirus disease 2019 (COVID-19) spreads in the U.S. and senior living companies face increasing challenges, the Senate on Tuesday did not vote on a relief bill passed by the House. Senate Majority...
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Capital Senior Living to terminate master leases with Ventas, Welltower
By
Lois A. Bowers
Mar 17, 2020
Dallas-based Capital Senior Living has reached agreements to terminate its master leases with real estate investment trusts Ventas and Welltower, the operator announced Monday.