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Bringing Seniors Out of the Shadows

NEW YORK CITY—Welltower CEO Thomas DeRosa tells GlobeSt.com why urban locations represent the future for seniors housing in part two of this EXCLUSIVE interview.

By Paul Bubny | paulbubny | Updated on May 26, 2016

CEO Thomas DeRosa of Welltower DeRosa: “If you can maintain familiarity in the environment, you go a long way toward improving quality of life.’”

NEW YORK CITY—Last week, GlobeSt.com published part one of a discussion with Thomas DeRosa, CEO of Welltower Inc., who focused on the reasons that the healthcare real estate continuum needs to be re-evaluated. “We have so much infrastructure in this country that has to be taken out of service and rethought,” DeRosa told GlobeSt.com. “A lot of acute-care hospitals have to be taken out of service and replaced with state-of-the-art outpatient networks that are connected to other providers of healthcare, whether it be skilled nursing, assisted living or other forms.”

In part two of this EXCLUSIVE interview, DeRosa talks about the learning curve for institutional players making their entry into healthcare real estate, and why urban locations represent the future, both for his Toledo, OH-based REIT and more generally. An edited version of that conversation appears below.

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