In 2017, the Archdiocese of Milwaukee sold land in the city’s historic Italian-American neighborhood to Capri Communities for $1. Capri created St. Rita Square, a 118-unit senior community with independent living, assisted living, and memory care services. The Waukesha, Wisconsin-based developer and operator then built a brand new church adjacent to the new community and […]
Having transitioned out of 50-plus communities in two portfolios over roughly the last year, Senior Lifestyle Corp. is now rebuilding scale while continuing to navigate the challenges of Covid-19. The Chicago-based operator — which currently manages around 120 communities — is making progress on both those fronts, CEO Jon DeLuca and Vice Chairman/Chief Investment Officer […]
Welltower’s (NYSE: WELL) senior housing portfolio is rebounding from its pandemic lowpoint, and the company continues to ink investments in senior housing and other asset classes. In fact, after investing nearly $1.4 billion in Q2 2021, CEO Shankh Mitra predicted that Q3 could be another record quarter. But while the company is making progress on […]
It’s been a big summer for Pathway to Living. The Chicago-based senior living operator is nearly doubling its portfolio under a $97 million transaction with real estate investment trust Welltower. CEO Jerry Finis believes the new relationship could help fuel more growth for Pathway in the future — and that buyers with access to large […]
With the addition of 22 communities as part of a new relationship with Welltower (NYSE: WELL), it’s been an eventful summer for Pathway to Living. But joining forces with partners like the Toledo, Ohio-based real estate investment trust is just the beginning of what Pathway CEO Jerry Finis wants to accomplish. Near the top of […]
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 […]
Welltower (NYSE: WELL) has invested $2.2 billion over 29 transactions since the fourth quarter of 2020, much of that in senior housing. The Toledo, Ohio-based company has deepened its ties with more than a dozen companies since the pandemic began, and Welltower acquired 76 senior housing and outpatient medical properties over 29 transactions since 4Q20. […]
Pathway to Living is dramatically growing its senior housing portfolio with the addition of 22 communities in a transaction with Welltower (NYSE: WELL). “This partnership with Welltower is one that, when combined with our design and construction platform and middle-market management expertise, will bring an elevated experience to seniors across the 22-property portfolio,” Pathway to […]
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The recent acquisition of 16 communities from Healthpeak (NYSE: PEAK) was the largest transaction in company history for Discovery Senior Living and marks the start of a strategic shift for the provider, to a structure of regional brands. The deal was publicly announced last week by Irvine, California-based Healthpeak, which is a real estate investment […]
