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...
Welltower to restructure as UPREIT, announces projects with StoryPoint, Related, Atria
By
Kathleen Steele Gaivin
Mar 08, 2022
Toledo, OH-based real estate investment trust Welltower is restructuring to form an umbrella partnership real estate investment trust, or UPREIT, Welltower CEO and Chief Investment Officer Shankh Mitra...
May 25 hearing set in case of former Welltower executive going to HCP
By
Lois A. Bowers
May 16, 2017
A preliminary injunction hearing has been set for May 25 as real estate investment trust Welltower sues its former executive vice president and chief investment officer, Scott M. Brinker, alleging that...
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...
Welltower not looking to expand ‘solid’ relationship with Brookdale
By
Lois A. Bowers
Feb 22, 2017
Welltower has a “solid” relationship with Brookdale Senior Living but is not looking to increase its holdings in the company, the healthcare real estate investment trust’s executives...
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 encouraged by first-quarter senior housing performance
By
Lois A. Bowers
May 01, 2019
Welltower executives Tuesday said first-quarter senior housing operator portfolio results exceeded expectations in rate, occupancy and labor costs.
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...
Senior living CEOs part of group of 2,000 committing to workplace diversity, inclusion
By
Kimberly Bonvissuto
May 21, 2021
Argentum pledged Thursday to create and implement diversity and inclusion programs in its organization, joining a CEO-led initiative that includes other senior living providers and associated companies...
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.