2023 laid groundwork for sustained performance, outsized growth in 2024: Welltower CEO
By
Kimberly Bonvissuto
Feb 15, 2024
2023 was a year of “solid execution” across the board for Welltower and a record year in capital deployment, laying the groundwork for a sustained level of performance and continued outsized growth...
Welltower selling ‘prominent’ West Coast senior living portfolio for $740 million
By
Lois A. Bowers
Feb 14, 2020
Welltower is selling “a prominent seniors housing operating portfolio” for more than $740 million, the Toledo, OH-based real estate investment trust announced in connection with its fourth-quarter...
Welltower sees long-term viability in senior living despite near-term challenges
By
Kimberly Bonvissuto
May 08, 2020
COVID-19 affected Welltower’s business overnight, but the real estate investment trust remains committed to senior housing in its portfolio, executives said on a first-quarter earnings call.
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 planning more urban senior living communities, CEO says
By
Lois A. Bowers
Oct 31, 2018
Welltower has “a number of plans” to bring “next-generation” senior living communities to densely populated metropolitan areas with aging populations, CEO Tom DeRosa said Tuesday during the real...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
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...
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...
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...
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...
$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...