Healthcare real estate investment trust HCP still expects Scott Brinker to join the company in January as executive vice president and chief investment officer, despite allegations from his former employer,...
QCP sets July 25 vote on Welltower merger, ‘golden parachute’ payments
By
Lois A. Bowers
Jun 22, 2018
Quality Care Properties has announced a July 25 date for a special meeting where stockholders are expected to vote on a proposed merger with Welltower and multimillion dollar “golden parachute”...
Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
Quality Care Properties discloses two merger-related lawsuits as potential suitor withdraws
By
Lois A. Bowers
Jul 03, 2018
A potential rival to real estate investment trust Welltower’s plans to merge with Quality Care Properties has withdrawn its acquisition proposal and no longer is considering a transaction with the...
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...
May 25 hearing set in case of former Welltower executive going to HCP
By
Lois A. Bowers
May 16, 2017
A preliminary injunction hearing has been set for May 25 as real estate investment trust Welltower sues its former executive vice president and chief investment officer, Scott M. Brinker, alleging that...
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
Welltower not looking to expand ‘solid’ relationship with Brookdale
By
Lois A. Bowers
Feb 22, 2017
Welltower has a “solid” relationship with Brookdale Senior Living but is not looking to increase its holdings in the company, the healthcare real estate investment trust’s executives...
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 settlement delays start of former executive at HCP
By
Lois A. Bowers
Nov 08, 2017
Welltower has settled a lawsuit against a former employee, and the terms will push back his start date with a competitor about two months, executives said Tuesday. During an earnings call, they also discussed...