Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...
Business briefs for Monday, April 13
Apr 13, 2020
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...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
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...
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...
Big senior living stories of 2019
By
Lois A. Bowers
Dec 23, 2019
Here’s a look at some of the news that occupied many minds in senior living over the past year.
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...
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.
Welltower ‘cautiously optimistic’ about senior housing for 2019
By
Lois A. Bowers
Feb 13, 2019
Recent portfolio performance and demographic trends have Welltower executives feeling hopeful about senior housing for 2019, they told investors and analysts Tuesday.