With $2.2B Invested Since Q4, Welltower’s ‘Covid Class’ Sets Up Future Growth

Welltower (NYSE: WELL) has invested $2.2 billion over 29 transactions since the fourth quarter of 2020, much of that in senior housing. The Toledo, Ohio-based company has deepened its ties with more than a dozen companies since the pandemic began, and Welltower acquired 76 senior housing and outpatient medical properties over 29 transactions since 4Q20. […]

Welltower Names Burkart as COO

Welltower (NYSE: WELL) has named John F. Burkart as executive vice president and chief operating officer. He will join the Toledo, Ohio-based real estate investment trust (REIT) on July 19, 2021. Previously, Burkart was executive vice president and COO for 25 years at multifamily REIT Essex Property Trust (NYSE: ESS). “I have known John for […]

Pathway to Living Adds 22 Communities in $97M Transaction With Welltower

Pathway to Living is dramatically growing its senior housing portfolio with the addition of 22 communities in a transaction with Welltower (NYSE: WELL). “This partnership with Welltower is one that, when combined with our design and construction platform and middle-market management expertise, will bring an elevated experience to seniors across the 22-property portfolio,” Pathway to […]

In the Pipeline: Atria, Welltower Join $300M Mixed-Use Project in New Jersey; Benchmark Renovating Connecticut CCRC

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. In the Pipeline: Planned Atria, Welltower Among Project Partners for $300M Redevelopment in New Jersey Atria Senior Living, Welltower (NYSE: WELL), multifamily […]

Welltower Inks New Investment Partnership With Active Adult Provider Treplus

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 […]

Welltower CEO: Lifestyle-Driven Senior Housing Move-Ins Returning ‘Much Faster Than I Expected’

Welltower (NYSE: WELL) is continuing to gain occupancy in its senior housing operating (SHO) portfolio, and CEO Shankh Mitra is especially heartened by the return of lifestyle-driven consumers. “I honestly thought you were going to see more needs-based residents coming first and probably lifestyle residents would wait another six months,” Mitra said Wednesday at the […]

Value-Based Care Innovator Lifesprk to Acquire Tealwood Senior Living; Bill Thomas to Lead Creation of Operational Model

Lifesprk — a company that specializes in providing value-based care largely through home- and community-based services — is acquiring Tealwood Senior Living. The transaction could prove to be a milestone for how senior living providers are integrated into population health efforts, with Green House and Eden Alternative visionary Dr. Bill Thomas leading the efforts to […]

5 Ways Lifesprk’s Tealwood Acquisition Could Drive Senior Living Transformation

The senior living industry appears to be recovering from the Covid-19 pandemic, judging from positive occupancy trends reported by public companies over the last two weeks. The inflection in occupancy is a relief, but I’ve been giving even more thought to the news that Lifesprk, a company that provides value-based care largely through home- and […]

Welltower CEO: Path to Recovery Includes $480M Embedded NOI Growth, Lifestyle-Driven Consumers Returning

Welltower (NYSE: WELL) CEO Shankh Mitra believes there are some “green shoots” emerging in the company’s U.S.- and U.K.-based senior housing portfolios — but he is also wary of predicting a timeline for pandemic recovery. Still, the real estate investment trust (REIT) released a “Path to Recovery” that identifies $480 million in embedded NOI growth, […]