NHI on the Hunt for Skilled Nursing As Other REITs Flee

With some of the major real estate players making moves and taking shots at one another’s skilled nursing assets, one real estate investment trust (REIT) is standing its ground with its own skilled operators and continuing to increase its exposure in the space.  Tennessee-based National Health Investors Inc. (NYSE: NHI) is distinguishing itself among its […]

Welltower CEO Takes Shot at HCP, Ventas Spin-Offs

The CEO of Welltower Inc. (NYSE: HCN) had some fighting words this week about the spinoff plans of industry peers, adamantly saying he will never spin off Welltower’s skilled nursing portfolio as long as he is at the helm of the company. “We will not hand you a leaking, steaming bag of real estate and say, […]

Senior Housing Developers Make Strides in Underserved NYC Market

An international real estate firm and its real estate investment trust (REIT) partner have unveiled their design plans for a New York City senior housing project, drawing attention to the growing need for assisted living and memory care communities in the country’s largest city. Real estate firm Hines and Welltower Inc. (NYSE: HCN), one of […]

Senior Housing Investments & Transactions: be.group and ABHOW’s Affiliation Complete

be.group and ABHOW Affiliation Approved in California The formal affiliation of be.group and American Baptist Homes of the West (ABHOW), two of California’s leading non-profit senior housing providers, has been approved by state regulators, completing the previously announced unification. The two organizations have officially combined and are now the state’s largest non-profit provider and the […]

Jumpy Investors Put Senior Housing REITs on Defense

After a shaky start to the year, investors are not cutting senior housing real estate investment trusts (REITs) any slack. But with significant ups and downs across the stock market in 2016 so far, REITs are starting to see some gains once more amid a mixed economic environment. The big three health care REITs in […]

Welltower Invests in $555 Million Senior Housing Joint Venture

Health care REIT Welltower, Inc. (NYSE: HCN) has purchased a majority stake in a portfolio of six seniors housing properties in Florida as part of a $555 million joint venture with Canada Pension Plan Investment Board (CPPIB), a global investment management organization that invests the assets of the Canada Pension Plan. This is the first investment in […]

Editor’s Picks: The Love Edition

It’s the week of Valentine’s Day, when love is celebrated no matter how old you are. We kept you up to date on the latest earnings reports coming out as well as Mainstreet’s vision for the long-term care industry. Meanwhile, readers likely weren’t struck by Cupid’s arrow while diving into the latest construction trends. We […]

Movers & Shakers: Welltower Expands Finance and Investment Team

Welltower Expands Finance and Investment Leadership Team Welltower Inc. (NYSE: HCN), one of the big three health care real estate investment trusts (REITs), recently announced the hiring of Shankh Mitra and Tim McHugh as senior vice presidents, finance and investment. Both Mitra and McHugh will report to Scott Estes, executive vice president and chief financial […]