Welltower (NYSE: WELL) is acquiring a 38-community senior living portfolio managed by Amica Senior Lifestyles in Canada in a deal valued at $4.6 billion CAD. The Toledo, Ohio-based real estate investment trust (REIT) noted in an announcement Sunday it is buying the 38-community “ultra-luxury” portfolio along with nine entitled development parcels from the Ontario Teachers’ […]
Category: Management
The Pennant Group (NASDAQ: PNTG) is executing on acquisitions as the company’s senior living segment is on the “ascent,” according to CEO Brent Guerisoli. Earlier this month, Pennant closed on three senior living transactions, acquiring one property in Idaho and two in Texas in triple-net lease agreements with an option to purchase the property in […]
The Senior Living Transformation Co. has acquired healthcare analytics and services company Centered Care and hired James Lydiard to lead it as CEO. Launched in 2023 with the backing of industry veterans Arnie Whitman and Chip Gabriel, the Senior Living Transformation Co. aims to “transform” senior living operations with a tech-enabled, data-driven model that integrates […]
National Health Investors (NYSE: NHI) is preparing to further grow its senior housing operating portfolio in 2025 after “good momentum” last year. The Murfreesboro, Tennessee-based real estate investment trust (REIT) will consider “select opportunities” to transition triple-net lease senior housing assets to its senior housing operating portfolio (SHOP), which currently numbers 15 communities. Included in […]
Laura Fischer is stepping in to lead Integral Senior Living (ISL) as president in anticipation of the planned retirement of CEO Collette Gray later this year. Fischer joined ISL last year as COO and brought to the role nearly 23 years of experience, including as board director for the California Assisted Living Association. She is […]
Rental rates for assisted living and independent living are “no longer in lockstep” due to shifting market forces and consumer needs. In December 2024, independent living properties saw a 12.9% year-over-year increase in initial rental rates, more than double the 5.4% rise seen in December 2023. At the same time, discounts in the independent living […]
Activist investor Land & Buildings has nominated two people to National Health Investors’ (NYSE: NHI) board of directors as part of a new proxy fight. The activist shareholder on Wednesday publicized a new letter announcing its intention to nominate Jim Hoffman and Adam Troso to the NHI board of directors. Hoffman is an alumni of […]
Brookdale Senior Living (NYSE: BKD) is expanding an engagement-focused program to complement its growing HealthPlus service line – just one of the ways the company is seeking to maximize profitability in the months and years ahead, according to CEO Cindy Baier. The Brentwood, Tennessee-based company detailed its new program, Engagement Plus, which is designed to […]
Leaders with Ventas (NYSE: VTR) said the company is in a “strong position” to grow its senior housing operating portfolio, given the demand upside at the industry’s doorstep. The Chicago-based real estate investment trust (REIT’s) 638-community SHOP segment grew NOI nearly 16% on a same-store basis in 2024, representing a third consecutive year of double-digit […]
Welltower (NYSE: WELL) is renovating dozens of senior living community break rooms in a move aimed at helping its operating partners reduce turnover and improve worker satisfaction. The company’s capital allocation team in 2024 and 2025 has started or finished renovations at 90 senior living employee break rooms, the Toledo, Ohio-based real estate investment trust […]
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