Welltower (NYSE: WELL) has announced $1 billion in new off-market investments, involving 11 separate off-market senior housing and medical office transactions. In addition, an affiliate of Qatar Investment Authority (QIA) has made a $300 million investment in Welltower’s common stock and has an option to Read More »
Tech Beat: Optima Healthcare Acquires Vantage Healthcare Solutions
Optima Healthcare Acquires Vantage Healthcare Solutions Optima Healthcare Solutions, a leading provider of cloud-based solutions for post-acute care providers, announced the acquisition of Vantage Clinical Solutions, a company specializing in revenue cycle management and digital marketing services for physical therapy practices. The transaction will allow Read More »
Pegasus Launches Turnaround Effort for 36 Former Brookdale Properties
Newly formed operator Pegasus Senior Living is trying to accomplish a difficult feat right out of the gate: taking over a portfolio of 36 underperforming properties from Brookdale Senior Living (NYSE: BKD) and turning them around in a tough operating environment. To accomplish this, Pegasus Read More »
Welltower Scales Back on Brookdale Portfolio, Forms JV With New Operator Pegasus
Brookdale Senior Living (NYSE: BKD) and Welltower Inc. (NYSE: WELL) have agreed to an early termination for Brookdale’s triple-net lease obligations on 37 senior living communities, in a “mutually beneficial” move that reduces Welltower’s participation with Brookdale and allows more flexibility for the largest senior housing operator Read More »