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...
‘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.
Welltower settlement delays start of former executive at HCP
By
Lois A. Bowers
Nov 08, 2017
Welltower has settled a lawsuit against a former employee, and the terms will push back his start date with a competitor about two months, executives said Tuesday. During an earnings call, they also discussed...
Big senior living stories of 2018
By
Lois A. Bowers
Dec 21, 2018
Here’s a look at some of the news that occupied many minds in senior living over the past year.
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...
Too early for ‘all-clear flag,’ but Welltower is ‘cautiously optimistic’ about senior living
By
Kimberly Bonvissuto
Apr 30, 2021
Although it is too early to “raise an all-clear flag,” Welltower CEO Shankh Mitra said Thursday that he is “cautiously optimistic” about the senior living business.
Welltower ranks increase by two
By
Lois A. Bowers
Jan 06, 2016
Shankh Mitra has been named senior vice president of finance and investments, and Tim McHugh have has been named vice president of finance and investments.
People in the news, Aug. 2
Aug 02, 2016
Appointments, promotions and honors involving Beatitudes Campus, Carillon Assisted Living, the Gerontological Society of America, Hand in Hand Elder Care, LeadingAge, LeadingAge Florida, Lutheran Homes...
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
Welltower invests $850 million in third quarter
By
Kathleen Steele Gaivin
Oct 05, 2022
Toledo, OH-based Welltower invested almost $850 million in the third quarter and has announced or completed the deployment of approximately $8.6 billion in capital since October 2020, the real estate investment...