Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
Seniors housing is bright spot for Welltower in second quarter
By
Lois A. Bowers
Jul 30, 2017
The seniors housing operating portfolio was “the highlight” of the second quarter for Welltower, “with meaningful outperformance relative to our budget,” Shankh Mitra, the real...
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...
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.
People in the news, March 28
Mar 28, 2023
Appointments, promotions and other news at Anthem Memory Care, Hebrew SeniorLife, Incite Strategic Partners, Lument, Messiah Lifeways, National Lutheran Communities and Services, Pegasus Senior Living,...
Welltower to develop ‘next generation’ of senior housing via UK joint venture
By
Lois A. Bowers
Feb 17, 2022
A new 50/50 joint venture will enable real estate investment trust Welltower and global investors Reuben Brothers “to generate significant future growth opportunities through the development of the next...
$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...
Welltower announces $725 million in seniors housing acquisitions, $300 million investment from Qatar
By
Lois A. Bowers
Dec 05, 2018
Toledo, OH-based real estate investment trust Welltower will spend $725 million in four off-market seniors housing transactions, the REIT announced Tuesday, one of several pieces of news shared on its...
‘Often painful’ decisions led to Welltower’s current success, CEO Thomas DeRosa says
By
Lois A. Bowers
Oct 30, 2019
Welltower’s seniors housing triple-net lease portfolio saw 3.4% year-over-year same-store growth in the quarter, and the senior housing operating portfolio continued to perform above the REIT’s expectations,...
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...