Recent events
Recent events tied to this brand in public sources.
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2026
Brookdale and Welltower agree to amend and extend lease for 39 senior living communities through June 2036
On October 13, 2026, Brookdale and Welltower announced an agreement to amend the cash flow positive lease for 39 senior living communities (1,842 units), contingent upon closing of the 30-community acquisition. The amendment would extend the lease through June 2036 from its current June 2032 maturity, making it Brookdale's only remaining lease with Welltower, with 2027 annual cash rent payments of approximately $36.6 million. Brookdale's existing fair market value purchase option would become exercisable at any time during the lease term rather than only at maturity, subject to a floor of a 6.5% yield on in-place rent. All other terms of the lease would remain unchanged.
2026
Brookdale agrees to acquire 30 leased senior living communities from Welltower for $290 million
On October 13, 2026, Brookdale Senior Living announced that it entered into a definitive agreement with Welltower to acquire the real estate of 30 senior living communities (1,152 assisted living and memory care units in 13 states) that Brookdale currently leases and operates, for a purchase price of $290 million. The lease would otherwise have matured in 2032, with approximately $17.8 million of annual cash rent for 2027. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions, and to be funded with cash on hand and non-recourse mortgage debt; upon closing it is expected to further reduce Brookdale's annual cash rent and increase its consolidated share of owned units to nearly 80%.
2021
Welltower announces John Burkart as COO
Welltower announced John Burkart’s appointment as Executive Vice President and Chief Operating Officer, effective July 19, 2021.
2021
Welltower raises second-quarter 2021 guidance
Welltower announced revised second-quarter 2021 outlooks, raising its expected net income attributable to common stockholders and normalized funds from operations per diluted share compared with its previous guidance.
2021
Welltower and Safanad-led group recapitalize HC-One
Welltower announced a recapitalization of HC-One in partnership with a Safanad-led investment group. Welltower provided a £540 million senior secured loan and a £55 million equity investment; the recapitalization was described as de-leveraging HC-One, extending its debt maturity and providing new equity.
2021
Genesis Healthcare announces strategic restructuring plan
Genesis Healthcare announced a strategic restructuring plan that includes terminating its master lease covering 51 facilities, transitioning their operations to new operators, receiving debt reductions from Welltower, and a $50 million capital infusion under an agreement with ReGen Healthcare. The company also said it would voluntarily delist its Class A common stock from the NYSE and deregister its common stock.
2020
Welltower appoints Shankh Mitra CEO and names Kenneth J. Bacon chairman
Welltower announced that Shankh Mitra was appointed CEO, succeeding Thomas J. DeRosa, and that Kenneth J. Bacon was named chairman. The appointments were effective October 5, 2020.
2020
Welltower announces fourth-quarter 2019 results schedule
Welltower announced that it would release its fourth-quarter 2019 financial results after trading closed on February 12, 2020, and host a conference call and webcast the following day.
2019
Welltower and CareMore Health announce strategic collaboration
Welltower announced a strategic collaboration with CareMore Health to integrate CareMore clinical programs and onsite care models at selected Welltower communities, initially in Los Angeles and Orange County, California.