Welltower CEO’s Disappointment — and Optimism — Show Need for Senior Living Mindset Shift

Over the past two weeks, executives of publicly traded senior living companies shared quarterly earnings results. I was particularly struck by the words of Welltower (NYSE: WELL) CEO Shankh Mitra, who called the company’s second-quarter results “mediocre at best.” We’re used to CEOs taking pains to stress the positives in earnings, and there were positives […]

NHI Nears End of Portfolio Optimization, Plans Return to Growth

With National Healthcare Investors’ (NYSE: NHI) year-long effort to optimize its portfolio nearly complete, the company is once again renewing its focus on growth in the future. The Murfreesboro, Tennessee-based real estate investment trust (REIT) made more progress pruning its portfolio in the second quarter of 2022 and bringing new operators into the fold, and […]

American Healthcare REIT, NHI See Disjointed Senior Living Recovery and Dealmaking 

While occupancy gains remain steady for senior living as a whole, leaders with American Healthcare REIT and National Health Investors (NYSE: NHI) observe that in many ways — from occupancy recovery to dealmaking trends — the market is disjointed. The pace at which operators recover appears to be largely market-specific, with some senior living providers […]

NHI Reaches Settlement in Welltower Suit, Deepens Ties to Discovery Senior Living, Merrill Gardens

National Health Investors (NYSE: NHI) has cleared a hurdle in its effort to transform its senior housing portfolio into a “jewel box” and reached a new company milestone in the process. The company this week announced it had reached a settlement agreement with Welltower (NYSE: WELL) over litigation filed late last year. In its initial […]

NHI, Welltower Reach Agreement in Suit Over Legacy Holiday Portfolio

National Health Investors (NYSE: NHI) has reached a memorandum of understanding with  Welltower (NYSE: WELL) over litigation filed late last year. NHI in December filed a lawsuit in the Delaware Court of Chancery against Welltower and certain of its subsidiaries. The Murfreesboro, Tennessee-based company initially alleged that Toledo, Ohio-based Welltower did not honor certain legal […]

Transactions & Financings: Tryko Buys, Rebrands Facilities; LongueVue Exits 2 SQLC Communities

Sales NHI closes three sales to wrap up 2021 National Health Investors (NYSE: NHI) announced the sale of three senior housing communities in December, according to an update from the real estate investment trust. The three sales include: A 76-unit property, located in Marysville, Ohio, netted $12 million in gross proceeds plus $3.6 million for […]

Discovery Senior Living Continues Expansion In 10-Property Deal With White Oak

Discovery Senior Living and White Oak Healthcare REIT have acquired a 10-building portfolio, which will be operated by Discovery as part of the provider’s strategy of expanding through the creation of largely independent regional management companies. The sale, coming in at more than $100 million, includes communities in Louisiana, Mississippi and South Carolina and contains […]

NHI Files Suit Against Welltower In Dispute Over Legacy Holiday Retirement Portfolio

A dispute over senior living properties has led one real estate investment trust (REIT) to take legal action against another. National Health Investors (NYSE: NHI) has filed a lawsuit in the Delaware Court of Chancery against Welltower (NYSE: WELL) and certain of its subsidiaries. Murfreesboro, Tennessee-based NHI alleges that the Welltower entities have failed to […]