Welltower CEO: Future of Senior Housing is Not What Exists Today

Buoyed by solid quarterly earnings, executives with Welltower (NYSE: WELL) on Thursday touted that the company’s ambitious strategy is paying off. With regard to senior housing, CEO Tom DeRosa indicated that the industry at large is still working from an old playbook that will not produce satisfactory results in future years, and Welltower is writing […]

Welltower To Sell Senior Living Portfolio For More Than $740 Million

Real estate investment trust Welltower (NYSE: WELL) has reached a definitive agreement to sell a senior housing portfolio for more than $740 million. The Toledo, Ohio-based company announced the transaction in its Q4 and full-year 2019 earnings release on Wednesday, but did not disclose which operating company is involved. Welltower declined to provide further details […]

Senior Living Innovators Zero In On Small Homes, Pocket Neighborhoods

When it comes to senior living communities, bigger is sometimes better. But as senior care innovator Dr. Bill Thomas remarked last year, the so-called “big box” model of senior living is no longer the only option for residents. Architects, capital providers, operators and entrepreneurs are exploring new concepts for smaller, more intimate styles of senior […]

Assisted Living Outshines Active Adult In Eyes of Investors

Assisted living has rebounded as a favorable product type with senior housing investors, and has even overtaken active adult communities as demand for assisted living grows and new construction begins to slow. Assisted living surpassed memory care and active adult as an investment focus and trails only independent living as the most popular senior housing […]

Senior Lifestyle’s 24 Senior Suites Communities Hold Lessons For Middle-Market, Affordable Development

A little over 20 years ago, Bill Kaplan had a fateful meeting with Chicago Mayor Richard Daley. At the time, Kaplan was an entrepreneur of growing stature in the Windy City. The company he had co-founded, Senior Lifestyle Corp., had a small but growing portfolio of private-pay senior living communities. Seeing that success, Mayor Daley […]

Transactions & Financings: $277M Brookdale-Healthpeak CCRC Deal Complete; Genacross Lutheran-Benedictine Affiliation

Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]