Twin brothers Bill and Bob Thomas achieved success as multifamily housing entrepreneurs in the 1970s — but their situation changed in the next decade. “We thought we were the smartest guys on the block … and then the 80s hit,” Bill Thomas told Senior Housing News, during an interview at the American Seniors Housing Association […]
This article is an exclusive feature available as a part of your subscription to SHN + Determining if a market or site is feasible for a business can often be an imprecise science. Demographic studies identify overarching trends within an area such as population, generational breakdowns, household sizes, education and income levels, housing stock, and […]
Based on comments from panelists during two recent webinars, as well as conversations I’ve had in the last few weeks, I believe that two trends are converging in senior living: wellness and psychographics. Specifically, more senior living owners and operators are gathering and analyzing psychographic data to gain deeper insights into consumers. Savvy organizations will […]
The market for active adult rental communities has gotten red-hot in recent years, but this type of senior housing product is still in its early stages. Two developers that have already made a name for themselves are Treplus Communities and Sparrow Partners, and their approaches to active adult development have led to growing portfolios and […]
The headline from Welltower’s Q2 2021 earnings call was the record investment pace that the real estate investment trust (REIT) is setting. However, I was most interested in news related to two senior living operators: Sunrise and Oakmont. Under a new joint venture, Welltower expects to roughly double its Oakmont portfolio through the acquisition of […]
Welltower’s (NYSE: WELL) senior housing portfolio is rebounding from its pandemic lowpoint, and the company continues to ink investments in senior housing and other asset classes. In fact, after investing nearly $1.4 billion in Q2 2021, CEO Shankh Mitra predicted that Q3 could be another record quarter. But while the company is making progress on […]
Welltower (NYSE: WELL) is growing its relationship with Oakmont Management Group in an arrangement that will grow the companies’ existing portfolio and facilitate the launch of a new brand called Ivy Living. The Toledo, Ohio-based real estate investment trust (REIT) on Thursday announced it is acquiring an undisclosed number of management contracts that are expected […]
Three years after forging a $3 billion development joint venture with Atria Senior Living, real estate giant The Related Cos. has now deepened its involvement in the older adult health care market. Last week, New York City-based Related announced an investment in CareMax, a company that provides primary care, specialty care and coordinated services to […]
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 […]
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 […]
