CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Welltower expands active adult presence with Treplus Communities partnership, provides business update
By
Kathleen Steele Gaivin
May 21, 2021
Toledo, OH-based Welltower is expanding its presence in the active adult rental community sector with the addition of Columbus, OH-based Treplus Communities properties to its portfolio. The REIT also provided...
Despite occupancy improvements, near-term outlook still ‘highly unpredictable’: Welltower
By
Amy Novotney
Apr 30, 2021
Following the rapid distribution and high acceptance rate of COVID-19 vaccinations by residents within assisted living and memory care communities in the United States and United Kingdom, Welltower’s...
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
‘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 touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
Welltower to acquire 86-property Holiday portfolio for $1.6B billion; Atria to acquire Holiday operations
By
Kathleen Steele Gaivin
Jun 22, 2021
Welltower announced yesterday that it will acquire 80 independent living and six combination independent living/assisted living properties from Holiday Retirement.
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
Long-term outlook strong for senior living: Baird
By
Amy Novotney
Feb 09, 2021
Senior housing industry fundamentals likely will remain “negative and choppy” for the foreseeable future, but its long-term thesis looks strong, according to investment banking firm Baird.
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.