HCP’s Senior Housing Portfolio Prepared for 2019 Headwinds

On the heels of a reshaping of its senior housing portfolio taking place over the course of the last two years, health care REIT HCP (NYSE: HCP) says it is prepared to ride out the headwinds associated with the transition. Despite being positioned for long-term success, the Irvine, California-based health care REIT said in announcing […]

Welltower Cautiously Optimistic as Senior Housing Occupancy Rises

Despite ongoing senior housing headwinds, executives with Welltower (NYSE: WELL) are encouraged by occupancy increases that occurred in the fourth quarter of 2018. “We’re cautiously optimistic about the recent performance of our senior housing operating portfolio,” Executive Vice President and Chief Investment Officer Shankh Mitra said Tuesday, on an earnings call with analysts and investors. […]

Transactions & Financings: Ventas’ $1 Billion Paper Note Program, Welltower’s $400 Million MOB Acquisition

Ventas Announces $1 Billion Commercial Paper Note Program Ventas (NYSE: VTR) established an unsecured paper note program in the U.S. Unsecured notes are loans that are not backed by an issuer’s assets. Instead, they are supported only by the borrower’s creditworthiness, and have a higher rate of return. The program allows the Chicago-based health care […]

Welltower CEO: Health Care Replacing Retail as Anchor of Mixed-Use Developments

With the pursuit of wellness becoming pervasive not only in senior housing but for people of all ages, health care-related buildings are replacing retail locations as the anchors of mixed-used real estate developments — and Welltower (NYSE: WELL) is pursuing projects to accelerate this trend. “Twenty-five years ago, if you said to someone, why don’t […]

Welltower, CNL Healthcare Properties Ink $1.25 Billion MOB Deal

Welltower (NYSE: WELL) ended 2018 with $1 billion in off-market acquisitions and a $300 million influx of Qatari capital. Two days into the new year, the Toledo, Ohio-based real estate investment trust (REIT) announced it has another blockbuster deal in the works. Welltower is to acquire a portfolio of 55 medical buildings from CNL Healthcare […]

Inside Welltower’s Efforts to Create a Quality Framework for Assisted Living

The National Assisted Living Quality framework released last month by health care real estate investment trust Welltower (NYSE: WELL) and Johns Hopkins Medicine (JHM) has the potential to establish a uniform set of best practices in assisted living and memory care communities across the country, and not just Welltower-owned properties. If that does indeed come […]

Sunrise Senior Living Emerges from ‘Tech Desert,’ Cogir Invests in AI

Forward thinking senior living operators recognize the potential for tech to improve customer satisfaction, move-ins, employee retention and have a positive impact on value propositions. Two companies, Sunrise Senior Living and Cogir Real Estate, shared their experiences bringing tech into their operations platforms, with positive results, and outlined upcoming plans during a panel discussion on […]

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 […]