University, Farm Sell-Offs Open Senior Housing Development Opportunities

As senior housing developers search for new opportunities across the U.S., they’d be wise to consider a wide range of options — including unconventional sites such as former farms or shuttered university campuses. Though these real estate opportunities may take hard work to find and secure, they are becoming available due to trends higher education […]

Welltower Credits ‘Painful’ Restructuring for Strong Senior Housing Performance

Welltower (NYSE: WELL) posted solid senior housing gains in the third quarter of 2019, thanks in part to the last few years spent unwinding certain “one-sided” relationships while forging new ones under more well-aligned RIDEA structures. That’s according to CEO and Chairman Thomas DeRosa, who on a Tuesday earnings call with investors and analysts laid […]

Welltower, CareMore Initiative Drives Senior Living Integration with Medicare Advantage

In a move that will further integrate senior housing within the Medicare Advantage landscape, real estate investment trust Welltower (NYSE: WELL) has formed a partnership with Anthem (NYSE: ANTM) affiliate CareMore. The partnership aligns with Welltower’s ongoing push to move senior housing and care into a more central role within the overall U.S. health care […]

Movers & Shakers: New Ecumen CFO; Welltower Names Global Head of Senior Housing

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

In the Pipeline: Sonata Plans Florida Project; 1920s-Inspired Community Near Kansas City

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Sonata Plans $52 Million Community in Florida Sonata Senior Living has plans to […]

Welltower Gains Middle-Market Senior Housing Platform with Clover Management

In striking a joint venture with Clover Management, real estate investment trust Welltower (NYSE: WELL) has brought a quickly expanding middle-market independent living company into the fold. In a $343 million transaction announced in late July, Toledo, Ohio-based Welltower acquired a portfolio of 32 Clover communities, including four under development. “Welltower is delighted to add […]

Private Equity Giant KKR Is Benchmark’s New Capital Partner

Global investment firm KKR (NYSE: KKR) is the new financial partner for Waltham, Massachusetts-based senior living provider Benchmark. At the end of July, real estate investment trust Welltower Inc. (NYSE: WELL) announced that it had disposed of its ownership interest in Benchmark for a gross sale price of $1.8 billion. At that time, Welltower and […]