5 Senior Living Operators to Watch in 2024

Editor’s Note: SHN Editor Tim Regan and SHN Reporter Andrew Christman contributed to this article This article is part of your SHN+ subscription Steady recovery amid ever-changing challenges, new operating models to spur innovation, consolidation and partnerships— these are some of the traits of senior living organizations standing out in 2024. Companies are pushing through […]

Why Welltower’s $1B Affinity Deal is Another Milestone for the Active Adult Market

This article is available as part of your SHN+ membership Earlier this week, Welltower (NYSE: WELL) made headlines by acquiring a 25-property portfolio operated by Affinity Living Communities for nearly $1 billion. The portfolio consists of 3,900 units primarily concentrated in the Pacific Northwest and carries an average age of less than eight years. With […]

Welltower CEO: We’ve ‘Never Felt Better’ About Growth, Pipeline Remains ‘Robust’

Welltower (NYSE:WELL) is off to a busy start in 2024, carried by momentum ending 2023 and a “torrid” landscape for new investment activity.  Mitra on Wednesday outlined the Toledo, Ohio-based real estate investment trust’s “five different growth pillars,” amid favorable demand for senior living, something Mitra said would “only get better” in the coming years. […]

Welltower to Buy Affinity Living Active Adult Portfolio for $969M

Welltower Inc. (NYSE: WELL) is acquiring a 25-community active adult portfolio with larger plans to create a programmatic development agreement with Affinity Living Communities. The portfolio consists of 3,900 units, mostly concentrated in the Pacific Northwest, according to a press release on the transaction. Affinity will continue to manage the portfolio when it changes hands. […]