Senior living performance surpasses expectations, Welltower CEO says … State tax funding long-term care could be gutted in November vote … Nursing home staffing, management strengths tied to delirium...
After sinking $400M into skilled care, Welltower exec says more ‘creative’ opportunities in the pipeline
By
Kimberly Marselas
Nov 01, 2023
Welltower has spent more than $400 million on long-term and post-acute care investments so far in 2023, while also experiencing a 5.3% increase in net operating income across such properties it has held...
LTC Properties had its strongest investment year since 2015, company leaders said Thursday, with Chairman and CEO Wendy Simpson touting $170 million in annual investment as proof of a “hard-won positive...
ProMedica tackles ‘false’ portrayal of incoming operating partner for 147 sites
By
Joe Bush
Dec 09, 2022
Criticism of a new Welltower skilled nursing operating partnership drove down the real estate investment trust’s stock price Wednesday, but current operator ProMedica said Thursday that a damning report...
Amid ProMedica ouster, advocates question new operator’s qualifications
By
Kimberly Marselas
Nov 30, 2022
Weeks after Welltower announced it plans to transition its ProMedica portfolio to a new operator, consumer advocates and mainstream media are questioning the track record of the selected firm.
Welltower expands LTC footprint with UK partnership
By
Danielle Brown
Feb 17, 2022
After exiting its relationship with U.S. long-term care giant Genesis HealthCare, Ohio-based real estate investment trust Welltower now plans to develop the “next generation” of care homes in the United...
Welltower chief calls $880M agreement with Genesis ‘mutually beneficial’ for companies’ shareholders
By
Danielle Brown
Apr 30, 2021
Welltower executives believe its $880 million agreement with Genesis HealthCare will work out favorably for both companies in their efforts toward post-COVID recovery.
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
Welltower dumping most Genesis HealthCare holdings in $880 million deal, strengthens ProMedica joint...
By
Danielle Brown
Mar 03, 2021
Welltower is cutting most ties with beleaguered Genesis HealthCare, the company announced late Tuesday.
McKnight’s 40 for 40: Thomas J. DeRosa
By
Lois A. Bowers
Sep 14, 2020
Welltower, which consistently earns spots at the top of the American Seniors Housing Association’s ASHA 50 ranking of largest senior living owners and Argentum’s list of biggest REITs, has displayed...