Welltower (NYSE:WELL) has been actively in the limelight due to a multitude of fund activities and high-stakes transactions. The company launched a
US$7.5B offering and withdrew a US$5B proposal amidst a
5% rise in share price. Investment firms such as
M.D. Sass LLC and
Modern Wealth Management LLC have acquired new shares in the company.
Welltower announced the acquisition of Ultra-Luxury Amica Senior Lifestyles Portfolio for C$4.6 Billion and the formation of a long-term growth partnership. The company's shares were also
bought by Korea Investment CORP and partly
trimmed by JPMorgan Chase & Co. Welltower's CEO uses South Park to warn of a looming senior living crisis, and the share has been
downgraded by StockNews.com to Sell. Furthermore, an
affiliate of Welltower is set to acquire NorthStar Healthcare Income, Inc. for $3.03 per share in a $900 million transaction. Welltower's Q4 results displayed strong growth in Senior Housing, and it is preparing for a
massive expansion into senior living. Despite financial challenges, the
company has a $1.2 billion investment pipeline.
Welltower WELL News Analytics from Tue, 01 Oct 2024 07:00:00 GMT to Sat, 29 Mar 2025 23:44:10 GMT -
Rating 8
- Innovation -5
- Information 7
- Rumor -2
