Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
Welltower sells 17.5 million shares to fund long-term care facility purchases
By
Kathleen Steele Gaivin
Nov 07, 2023
Welltower has sold 17.5 million shares of common stock to BofA Securities and Goldman Sachs & Co. and intends to use the net proceeds to acquire senior living communities and skilled nursing facilities,...
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Welltower SHOP sees 4th consecutive quarter of 20+ percent NOI growth
By
Kathleen Steele Gaivin
Nov 01, 2023
Net operating income growth in Welltower’s senior housing operating portfolio exceeded 20% for the fourth consecutive quarter, CEO Shankh Mitra said Tuesday during the company’s latest earnings call.
Actions & Transactions, Oct. 5
By
Kathleen Steele Gaivin
Oct 05, 2023
Kraus-Anderson completes $91.8M expansion of Friendship Village campus in Bloomington, MN … Welltower entity sells former senior housing property in Seattle for $19M … JCH facilitates sale of assisted...
More news for Tuesday, Sept. 12
By
Kimberly Bonvissuto
Sep 12, 2023
Value-based care partnership rolls out Virginia coalition for senior living providers … Land & Buildings issues cautionary letter to Ventas shareholders … Welltower raises 2023 guidance, issues business...
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
Brookdale, Welltower maintain top positions on ASHA 50 lists of operators, owners
By
Kimberly Bonvissuto
Sep 06, 2023
Brookdale Senior Living and real estate investment trust Welltower have maintained their top spots on the 2023 American Seniors Housing Association’s lists of the 50 largest senior living operators and...
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
Actions & Transactions, Aug. 9
By
Kathleen Steele Gaivin
Aug 09, 2023
Transforming Age, Elder Care Alliance announce affiliation … Five Star Senior Living, Bedrock Healthcare at Home partner on continuous care management model … RUI assumes management of two former Sunrise...