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...
Earnings calls wrap-up: Welltower, LTC Properties
By
Kathleen Steele Gaivin
Jul 31, 2024
Welltower and LTC Properties reported second-quarter earnings to investors and analysts on Tuesday.
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
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...