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Welltower To Acquire 86-Property Senior Housing Portfolio for $1.58 Billion

Deal Comes in Conjunction With Atria’s Acquisition of Holiday Retirement
Pinecrest Senior Living in Hickory, North Carolina, is one of 86 properties owned by Holiday Retirement. (CoStar)
Pinecrest Senior Living in Hickory, North Carolina, is one of 86 properties owned by Holiday Retirement. (CoStar)
CoStar News
June 22, 2021 | 10:12 P.M.

The senior housing industry, hit hard by the COVID-19 pandemic, is set for a major change as healthcare real estate investment trust Welltower teams up with senior housing operator Atria Senior Living to assume control of Holiday Retirement, a manager of 240 senior communities across the country.

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