Health systems increasingly seeing value of senior living, Welltower says
By
Lois A. Bowers
Feb 22, 2017
Hospitals increasingly are seeing senior living communities as part of a solution to lowering their risk associated with older adults, Welltower CEO Tom DeRosa told analysts participating in an earnings...
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...
People in the news, Jan. 21
By
Lois A. Bowers
Jan 21, 2020
Promotions and appointments at Acts Retirement-Life Communities, Birch Bay Retirement Village, Buckner Retirement Services, Capitol Seniors Housing, CareOne, Catholic Eldercare, Cogir Management USA, Erickson...
Second quarter, with $2.6 billion in gross investments, ‘not driven by a bunch of deals,’ Welltower...
By
Lois A. Bowers
Aug 02, 2019
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...
Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
NIC panelists offer tips for staff recruiting and retention
By
Lois A. Bowers
Mar 12, 2018
Panelists at a Thursday educational session at the National Investment Center for Seniors Housing & Care’s Spring Investment Forum in Dallas shared advice for addressing senior living’s No....
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...