Welltower (NYSE: WELL) is transitioning a 12-property senior living portfolio to operating partners Oakmont Senior Living, Kisco Senior Living and Cogir Management USA. The portfolio spans 2,000 assisted living units in the Los Angeles, San Francisco and Seattle metro areas, and includes more than half of the communities Welltower purchased from Vintage Senior Living for […]
Oakmont Senior Living
Welltower (NYSE: WELL) has entered into a definitive agreement to purchase a 25-property senior apartment portfolio from real estate firm Calamar for $502 million. The communities are located on the East Coast and in the Midwest, and carry average monthly rents of $1,300 per unit and an average resident length of stay above five years, […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Texas Footprint Expands for Anthology Anthology Senior Living announced plans to develop two new communities in Austin and Dallas, Texas totaling 251 residences, bringing […]
With $1.2 billion in investments year-to-date and a near-term $1.5 billion pipeline, Welltower is off to a historically active start this year — and the company’s “coiled spring” recovery has only just begun. Senior housing revenue and occupancy increased in the first quarter of 2022, and at the same time, the Toledo, Ohio-based real estate […]
Last year, Oakmont Management Group teamed up with real estate investment trust Welltower (NYSE: WELL) and launched a new brand called Ivy Living. At just seven communities today, the Ivy Living brand makes up a portion of the senior living operator’s 51-community portfolio. But by the end of 2022, the company aims to add 13 […]
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In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned LifeCare Properties, ERG Announce Fourth Texas Community LifeCare Properties and ERG Enterprises are collaborating on a new senior living community in Lubbock, Texas. The […]
Avenida Partners has been on the leading edge of the growing active adult rental market, with a pipeline of ground-up development projects. Now, Avenida will expand that development platform through a newly formed venture with Winter Properties, a vertically integrated real estate investment, management and development company. With Avenida already having undertaken nine projects, the […]
Greg Puklicz named President of 12 Oaks Dallas, Texas-based 12 Oaks Senior Living announced Greg Puklicz as its new president, effective December 2021. Puklicz, who joined 12 Oaks as CFO in 2018, will retain his CFO position as well as his positions on the executive committee, leadership committee, and as director of business development. Five […]
Bain Capital Real Estate and Capitol Seniors Housing (CSH) have closed on the sale of a seven-property portfolio of Class-A assisted living and memory care communities. The firms did not disclose financial terms of the sale. They also did not disclose the buyer or buyers, nor the operator or operators of the properties. The portfolio […]