Welltower (NYSE: WELL) is improving its liquidity debt maturities situations. The Toledo, Ohio-based health care real estate investment trust closed a $750 million offering of 2.8% senior unsecured notes, due in June 2031. Welltower will use the net proceeds to redeem $340 million of outstanding 3.75% senior notes due March 2023, and $335 million of […]
Frasier Meadows
Non-profit senior living providers across the U.S. have in recent years looked to mergers and affiliations as a way to gain scale and thrive in the face of industry headwinds. But some of these arrangements also come with a price: In order to join forces, at least one party needs to give up some degree […]
Construction: Planned Maplewood Senior Living Plots Community in Connecticut Local zoning officials have given the go-ahead to a planned Maplewood Senior Living community in Westport, Connecticut. The senior living provider and the Coastal Construction Group are slated to gain approval to build up to 200 mixed-level senior care units, reports Westport News. Officials Bless Plans for Community in […]
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