TOLEDO, Ohio — Welltower Inc. (NYSE: HCN) has promoted Joe Weisenburger to senior vice president of business development. Weisenburger has been with the company since 1998 and previously served as vice president of business development.
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SULLIVAN, Ind. — R4 Capital has provided $6.7 million of tax credit equity to Historic Sullivan Lofts, an adaptive re-use and conversion of two historic structures. The development will provide 40 units of seniors housing to the rural community of Sullivan.
Due to strong demographic shifts and increasing demand, seniors housing is “one of the strongest asset classes over the past 10 years, and this should continue for the foreseeable future,” according to the 2018 edition of Viewpoint, an annual commercial real estate trends report released by Integra Realty Resources (IRR).