Company Coverage

Avery Healthcare

Staffing

Welltower Continues to Shrink Post-Acute Portfolio, ‘Subpar Bottom Line’ Linked to Staffing Costs

By Alex Zorn |

Despite some encouraging top-line trends, expenses increased 8.8% year-over-year for Welltower (NYSE: WELL) leading to “subpar bottom line” results to end 2021. Still, the real estate investment trust is hopeful that once the omicron variant fades, spending will normalize. Staffing costs, in particular, hit Welltower hard in Q4 2021. “I am pretty disappointed about the […]

Finance

Welltower Inks JV to Create ‘Next Generation’ of UK Care Homes

By Tim Mullaney |

Welltower (NYSE: WELL) is planning for more U.K. growth amid a historic period of investment activity for the real estate investment trust. Reuben Brothers, a real estate company based in the United Kingdom is investing in an ownership stake in U.K. operator Avery Healthcare, one of Welltower’s largest operating partners. The terms of the deal […]