TOLEDO, Ohio — Welltower Inc. (NYSE: HCN), the largest healthcare REIT in the U.S. by market cap, has launched the Welltower Foundation with the goal of improving quality of life for seniors.
Company News
Not even a full week into the new year, some of the seniors housing industry’s biggest companies have announced changes in their executive ranks. The players shuffling top personnel include giant REIT Welltower, independent living owner-operator Holiday Retirement, memory care developer Silverado and continuing care retirement community (CCRC) owner-operator Kendal Corp.
Mainstreet Acquires 10-Community Portfolio in Chicago, Controlling Interest in Canadian Investment Company
by Jeff Shaw
CARMEL, Ind. — Seniors housing developer Mainstreet has acquired a portfolio of 10 skilled nursing communities in the Chicago area, as well as controlling interest in publicly traded Canadian real estate company Kingsway Arms Retirement Services (KWA).
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest seniors housing owner/operator in the U.S., has named three new company executives — Labeeb Diab as chief operating officer, Lucinda “Cindy” Baier as chief financial officer and Mary Sue Patchett as executive vice president – community and field operations.