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Welltower Sells Off Assets as New Leaders Take Over

Ohio REIT’s Recent Senior Housing, Outpatient Medical Portfolio Deals Total $1.3 Billion
Welltower has been building up cash reserves from the sale of properties including Merrill Gardens at Gilroy in Gilroy, California, to AEW Capital Management. (CoStar)
Welltower has been building up cash reserves from the sale of properties including Merrill Gardens at Gilroy in Gilroy, California, to AEW Capital Management. (CoStar)
CoStar News
October 7, 2020 | 3:17 P.M.

Welltower has completed the sale of three portfolios with a combined value of $1.3 billion in the past month as a new CEO and chairman have been appointed to run the healthcare real estate investment trust.

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