Welltower Announces $1 Billion in Acquisitions, $300 Million Equity Investment from Qatar Wealth Fund

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 acquire an interest in a development pipeline of urban senior […]

New Welltower Report Highlights ‘Payvider’ Opportunities for Senior Living

Meeting the health care needs of older adults will be a major challenge in the months and years ahead and already is leading to increasing integration across the continuum of care. This is creating opportunities for senior living and skilled nursing operators — and their real estate partners — as health systems, payer groups and […]

Welltower, ManorCare Deal Could Cost ProMedica Its A+ Credit Rating

Standard & Poor’s is contemplating a downgrade of ProMedica Health Systems’ credit rating, in light of the nonprofit’s acquisition of struggling skilled nursing giant HCR ManorCare. That transaction—a joint venture with real estate investment trust Welltower (NYSE: WELL)—closed last week. While asserting that the non-profit health system still has an A+ rating for its long-term […]

Sabra CEO: Skilled Nursing Outlook is Improving

Sabra Health Care REIT (Nasdaq: SBRA) has made some major skilled nursing waves over the past year, with its acquisition of Care Capital Properties and ongoing attempts to shed assets operated by troubled provider Genesis Healthcare (NYSE: GEN). Rick Matros, the Irvine, Calif.-based real estate investment trust’s (REIT) CEO, has been outspoken about the changes sweeping the […]

New Bidder Emerges to Challenge Welltower’s QCP Acquisition

Welltower Inc.’s (NYSE: WELL) proposed $1.95 billion acquisition of Quality Care Properties (NYSE: QCP) may have hit a bump in the road. QCP on Tuesday announced that it has received an acquisition proposal from a third party, and that the real estate investment trust’s (REIT’s) board of directors believes the proposal could reasonably be expected to […]