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...
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...
Occupancy, rate growth fueling expected future double-digit growth for Welltower
By
Kimberly Bonvissuto
Aug 02, 2023
Welltower is at the cusp of multi-year, double-digit growth due to occupancy gains, rate growth and lower operating expenses, according to CEO Shankh Mitra.
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...
More news for Tuesday, March 1
By
Kimberly Bonvissuto
Mar 01, 2022
NHI, Welltower work toward settlement regarding Holiday Retirement properties … Proclamation lifts some restrictions for Washington state assisted living communities … State drops case against nurse...
Argentum releases infection control program guidance for assisted living providers
By
Kimberly Bonvissuto
Nov 24, 2020
Responding to a worsening pandemic, Argentum assembled a working group of clinical experts to address key COVID-related challenges to help guide its assisted living members.
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...
Carefully structure business agreements to protect against prior operator misconduct, legal experts say
By
Kimberly Bonvissuto
Jul 27, 2022
Careful structuring of business agreements can protect incoming operators seeking to mitigate risks associated with distressed properties of former operators, according to legal experts.
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
‘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.