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...
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.
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...
A Q&A with NIC’s Robert Kramer
By
John Hall
Sep 13, 2016
Robert G. Kramer, founder and CEO of the National Investment Center for Seniors Housing & Care, recently spoke with McKnight’s about the current state and future prospects of independent living,...
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
LTC Properties expects to ‘dig deep’ for transactions; older buildings, senior apartments of interest
By
Lois A. Bowers
Feb 24, 2020
For 2020, “early indications show that we will have to dig deep to find the kinds of transactions that best benefit our shareholders,” Westlake Village, CA-based LTC Properties’ Chairman, Chief Executive...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
Welltower CEO defends decision to keep HCR ManorCare leaders
By
Lois A. Bowers
Jun 07, 2018
Welltower CEO Tom DeRosa on Wednesday defended the decision to keep HCR ManorCare’s leadership team in place as the real estate investment trust gains a stake in the operator through a deal with...
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
NIC panelists offer tips for staff recruiting and retention
By
Lois A. Bowers
Mar 12, 2018
Panelists at a Thursday educational session at the National Investment Center for Seniors Housing & Care’s Spring Investment Forum in Dallas shared advice for addressing senior living’s No....