In The Pipeline: Developer Penrose Opens Affordable, LGBTQ-Focused Community; Greystone Consults on New Mexico CCRC

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress Emerald Heights breaks ground on expansions, renovations The Washington-based Emerald Heights life plan community recently broke ground on its 42 unit Courtyard apartment […]

Interest Rates to Pose Continuing Headwind as Welltower Looks Toward Growth in 4Q22

Rising interest rates and continued expense pressures are complicating the future visibility of Welltower’s (NYSE: WELL) fourth quarter earnings. Welltower management noted in a business update Tuesday that the company’s expected fourth-quarter 2022 funds from operations (FFO) per share are expected to see a new headwind of roughly three cents per diluted share headwind as […]

Welltower Acquires 33-Property Portfolio for $548M; Announces Silicon Valley Projects With Atria, Related

Welltower (NYSE: WELL) plans to expand its strategic partnership with StoryPoint Senior Living with a $548 million acquisition of 33 communities. And, the Toledo, Ohio-based real estate investment trust (REIT) has closed on a strategic partnership with Related Cos. and Atria Senior Living to develop two high-end projects, to be located in Silicon Valley. Welltower […]

Welltower Posts Strong Senior Housing Revenue, Sells $290 Million StoryPoint Portfolio

Welltower’s (NYSE: WELL) senior housing portfolio performance drove strong earnings in the first quarter of 2019, which also included notable transactions such as the $290 million disposition of a triple-net leased portfolio operated by StoryPoint Senior Living. The Toledo, Ohio-based health care real estate investment trust (REIT) on Tuesday reported total revenue of 1.27 billion […]

In the Pipeline: Senior Housing Construction Projects (10/27/16)

(Rendering of Arcardia Senior Living, located in Bowling Green, Kentucky —Photo courtesy of Arcadia Senior Living) Construction: Planned Arcadia Community Planned in Kentucky A new senior housing community in Bowling Green, Kentucky is being planned by Arcadia Communities. The community will be constructed on a seven acre portion of land and will encompass 80,000 square […]

In the Pipeline: Senior Housing Construction Projects (9/22/16)

(Rendering of OPAL by element, located in Vancouver, British Columbia — Photo courtesy of Element Lifestyle Retirement Inc.) Construction: Planned Permits Finalized on $97.4M Senior Community in Canada Located in Vancouver, British Columbia, Element Lifestyle Retirement Inc. has announced its final approval for a $97.4 million project, OPAL by element. The community will be Element’s […]