With over $4 billion invested since the fourth quarter of 2020, Welltower (NYSE: WELL) has added a “Covid class” of assets and operators to its portfolio, positioning the company for future growth. The Toledo, Ohio-based real estate investment trust (REIT) has executed so many deals in part because the organization’s CEO, Shankh Mitra, hit the […]
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. Submissions are currently open. Project: Planned Charter, DMK Plan Project in Kentucky Charter Senior Living is teaming up with DMK Development Group for a new senior […]
One word describes Argentum’s 2021 list of the 150 largest providers in senior living: Disruption. Acquisitions and divestitures across the industry resulted in several changes on the list: nearly 30 providers moved up or down 10 or more spots, or are new entrants. Among the top 10 providers on the list, Atria Senior Living rose […]
By moving to acquire New Senior (NYSE: SNR) in a $2.3 billion transaction, leaders with Ventas (NYSE: VTR) made good on recently stated intentions. “We believe in the recovery story and are prepared to put our money where our mouth is,” Ventas CEO Debra Cafaro said at the Nareit conference on June 9. The New […]
When I learned that Atria Senior Living is acquiring Holiday Retirement, I thought back to April 2019. That month, I was at the event announcing the results of the NIC middle-market study. Much of the discussion focused on how new operating and financial models are needed to create middle-market senior housing at scale. I wondered […]
Welltower’s recent transaction to acquire 86 properties for nearly $1.6 billion in conjunction with Atria Senior Living’s acquisition of Holiday Retirement was at the right price and the right time. That’s according to several analysts who weighed in on the Toledo, Ohio-based company’s plan to acquire the portfolio of 80 nearly identical independent living communities […]
Atria Senior Living is acquiring the management services business of Holiday Retirement, while Welltower (NYSE: WELL) is buying the 86 properties that Holiday owned and self-managed. Welltower’s acquisition is valued at $1.58 billion. The deal represents the combination of two senior living heavyweights: Winter Park, Florida-based independent living giant Holiday, which ranked no. 3 in […]
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. Submissions are currently open. In the Pipeline: Planned Atria, Welltower Among Project Partners for $300M Redevelopment in New Jersey Atria Senior Living, Welltower (NYSE: WELL), multifamily […]
One of the nation’s largest senior living operators will be smaller in the future, as Five Star Senior Living (Nasdaq: FVE) will soon exit management of 108 communities. With this recent news, now all three of the largest publicly traded U.S. senior living operators — Brookdale Senior Living (NYSE: BKD); Capital Senior Living (NYSE: CSU); […]
Covid-19 has been a period of innovation for senior living in many ways, notably the embrace of telehealth and technology platforms, and finding creative ways to market and sell communities to prospective residents. Atria Senior Living adapted in these realms and others — “relearning PR,” for example — and CEO John Moore believes that the […]
