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,...
New Welltower CEO remains committed to ‘wellness infrastructure’
By
Kimberly Bonvissuto
Oct 30, 2020
During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust’s strategy will not change.
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...
ASHA names executive committee members
Feb 23, 2016
Lawrence A. Cohen, CEO and vice chairman of Capital Senior Living, has been elected chairman of the American Seniors Housing Association by the group’s executive board, the organization announced...
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A potential rival to real estate investment trust Welltower’s plans to merge with Quality Care Properties has withdrawn its acquisition proposal and no longer is considering a transaction with the...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...
Welltower to restructure as UPREIT, announces projects with StoryPoint, Related, Atria
By
Kathleen Steele Gaivin
Mar 08, 2022
Toledo, OH-based real estate investment trust Welltower is restructuring to form an umbrella partnership real estate investment trust, or UPREIT, Welltower CEO and Chief Investment Officer Shankh Mitra...
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...