Senior living operators, owners and developers are still continuing to grow their active adult holdings in 2024 as demand for the product type stays relatively steady. Companies with sizable scope and scale, including Greystar and the middle-market-focused One Clover, are scaling up now with a belief that older adults will continue to flock to the…  Read more ›

In striking a joint venture with Clover Management, real estate investment trust Welltower (NYSE: WELL) has brought a quickly expanding middle-market independent living company into the fold.

In a $343 million transaction announced in late July, Toledo, Ohio-based Welltower acquired a portfolio of 32 Clover communities, including four under development.

“Welltower is delighted to add Clover Management, a developer and manager of independent living communities that delivers a quality experience at an affordable price, to our family of best-in-class operators,” a Welltower spokesperson told Senior Housing News.  Read more ›