Spot occupancy in Welltower’s U.S. senior housing operating portfolio rose 120 basis points (1.2%) in the second quarter, with half of that increase occurring in the last two weeks of June, according...
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
Welltower makes ‘transformational strides’ in ESG initiatives: report
By
Kathleen Steele Gaivin
Jul 21, 2023
Toledo, OH-based Welltower experienced a year of “significant achievement” across many environmental, social and governance categories, according to the real estate investment trust’s annual ESG...
Carefully structure business agreements to protect against prior operator misconduct, legal experts say
By
Kimberly Bonvissuto
Jul 27, 2022
Careful structuring of business agreements can protect incoming operators seeking to mitigate risks associated with distressed properties of former operators, according to legal experts.
Last year’s momentum carries over into first quarter, Welltower says
By
Kathleen Steele Gaivin
May 12, 2022
Last year’s momentum carried over into the first quarter “and translated into the first period of year-over-year bottom-line growth for our company since the beginning of [the] pandemic,” Welltower...
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
‘Coiled spring’ of senior living expanding sector momentum: Welltower
By
Kimberly Bonvissuto
May 12, 2022
The “coiled spring” of senior living is starting to expand, with growth driven by higher rental rates, increasing occupancy and improving margins, according to Welltower executives.
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...