When Shankh Mitra became CEO of Welltower (NYSE: WELL) last fall, it seemed to me that he faced a tricky leadership challenge. On the one hand, he had helped shape strategy for the real estate investment trust (REIT) as a top executive, and so he intended to maintain continuity as he took the helm. But […]
Treplus Communities
With over $4 billion invested since the fourth quarter of 2020, Welltower (NYSE: WELL) has added a “Covid class” of assets and operators to its portfolio, positioning the company for future growth. The Toledo, Ohio-based real estate investment trust (REIT) has executed so many deals in part because the organization’s CEO, Shankh Mitra, hit the […]
Welltower (NYSE: WELL) is joining forces with Treplus Communities in a new investment relationship that will help fuel the active adult provider’s growth in the future. The new partnership will “expand the best-in-class Treplus product offering into Welltower’s senior living portfolio,” Treplus announced in a press release Thursday. Representatives for Treplus and Welltower declined to […]
The Covid-19 pandemic continues to take a toll on the senior living industry, but for some active adult providers, the impact has been less severe — and they are hoping that translates into a surge of demand once case counts dwindle. The resiliency of active adult, in terms of move-in velocity and sales leads, complicates […]