Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
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...
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
Alleged worker, prospect discrimination results in lawsuits, penalties for assisted living communities...
By
Kimberly Bonvissuto
Feb 16, 2024
Nine assisted living communities in Georgia and California are facing legal scrutiny over allegations that they discriminated against employees and prospective residents.
2023 laid groundwork for sustained performance, outsized growth in 2024: Welltower CEO
By
Kimberly Bonvissuto
Feb 15, 2024
2023 was a year of “solid execution” across the board for Welltower and a record year in capital deployment, laying the groundwork for a sustained level of performance and continued outsized growth...
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
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...
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
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.
Welltower exceeds $1 billion of annualized net operating income in senior living segment
By
Kathleen Steele Gaivin
Aug 02, 2023
Welltower’s senior living results for the second quarter exceeded expectations, CEO Shankh Mitra said Tuesday on the Toledo, OH-based real estate investment trust’s quarterly earnings call.