Welltower’s Blockbuster Amica Deal Shows How REITs Are Turning Up Heat in Canada

On Sunday, Welltower (NYSE: WELL) announced it is acquiring a portfolio of communities managed by Amica Senior Lifestyles in Canada for a deal equivalent to almost $3.2 billion USD. Welltower is with the deal gaining 38 “ultra luxury” communities and nine development parcels along with a minority ownership interest in its new operating partner. But […]

Welltower to Acquire Amica Senior Lifestyles Portfolio in Canada for $4.6B CAD

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’ […]