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 […]

Brookdale Faces Tough But Viable Path to Big 2022 Gains

At a time when the senior living industry still faces much uncertainty, Brookdale Senior Living (NYSE: BKD) executives are bold and bullish in their outlook for 2022. The Brentwood, Tennessee-based provider last week issued its first annual guidance since the start of the Covid-19 pandemic. Brookdale’s FY22 adjusted EBITDA expectations of $240 million to $260 […]

Bickford Challenges, Welltower Suit Slow NHI’s ‘Jewel Box’ Restructuring

National Health Investors (NYSE: NHI) is engaged in an effort to transform its portfolio into a “jewel box” — but a delay in an effort to readjust its relationship with one of its largest tenants and a pending lawsuit have clouded when that transformation might occur. As part of those efforts, the Murfreesboro, Tennessee-based company […]

Welltower CEO: We Will ‘Go Deep’ With Operators, Drive Value Amid Senior Housing Recovery

Leaders with Welltower (NYSE: WELL) are optimistic that steep senior housing labor expenses will moderate while strong demand will continue in 2022, driving a recovery after nearly two years of pandemic-related challenges. “The labor disruption has been much greater than the demand disruption, particularly over the last two waves [of Covid-19], and omicron was a […]

5 Senior Living Providers to Watch in 2022

With contributions from Tim Regan and Nick Andrews Rapid growth, innovative operating models and seasoned leaders who are still generating new ideas. These are among the factors differentiating some senior living providers from the pack, making them companies to watch in 2022. As the industry embarks on a critical re-building year, these providers are taking […]

Inside Senior Living’s Occupancy Momentum — And How To Sustain It

After Q4 2021 occupancy data came out earlier this month, NIC Chief Economist Beth Mace described the report as “really bullish, encouraging and optimistic.” In the weeks since, my conversations with various operators have confirmed a very positive story for the senior living industry with regard to move-in trends. In this week’s exclusive, members-only SHN+ […]

How Omicron Puts Senior Living Providers Under Pressure to Start 2022

The omicron variant of coronavirus drove Covid cases to an all-time high in the early days of 2022, putting senior living providers under intense pressure to start the year. In particular, providers are facing staffing challenges as infections among the workforce compound an existing and extreme labor crunch. Furthermore, evolving guidance from federal and state […]

Senior Living Industry Giants Face Defining Year in 2022

Last year, the expansion of regional senior living operators generated a lot of headlines. But heading into 2022, I’m most interested in how the year will unfold for several of the largest national providers. In fact, I believe that 2022 could be a defining year for a number of industry behemoths, and many of the […]

NHI Files Suit Against Welltower In Dispute Over Legacy Holiday Retirement Portfolio

A dispute over senior living properties has led one real estate investment trust (REIT) to take legal action against another. National Health Investors (NYSE: NHI) has filed a lawsuit in the Delaware Court of Chancery against Welltower (NYSE: WELL) and certain of its subsidiaries. Murfreesboro, Tennessee-based NHI alleges that the Welltower entities have failed to […]