Welltower acquired a 339-unit assisted living community in Los Angeles for $230.3 million.
The real estate investment trust has invested $40 billion in senior housing assets since 2020. This strategy targets growing demand from an aging population through property ownership and operational partnerships.
Welltower funds these acquisitions by recycling capital from other sectors. The company sold $561 million in outpatient medical properties during the second quarter of 2026.