Healthcare REIT Welltower Inc.'s go-to market strategy is to concentrate on seniors housing, post-acute care and outpatient medical facilities in six urban markets: Boston, New York, Los Angeles, San Francisco, Seattle and Washington, DC.
Helmed by CEO and director Thomas DeRosa, Welltower is perhaps best known for its seniors housing footprint, having been one of the first companies of its kind to invest in the asset class. But it also invests in other healthcare assets such as its recent purchase of a 160,000-square-foot outpatient facility on the campus of Johns Hopkins Health System's Howard County General Hospital in Columbia, MD, for $80 million. Lately it has been focusing on an emerging subcategory—luxury senior living—and is making investments in this area as well, in one case partnering with Hines to build a 140,000 square-foot, 17-story senior living and memory care facility in Manhattan's Upper West Side.
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