Welltower announced $14 billion in transactions—either completed or under contract—to support the pivot toward rental senior living. Demographic projections show the number of Americans aged 80 and older will grow by more than 4 million by 2030, reaching 18.8 million.
According to a recent report, demand for independent living, assisted living, memory care, and continuing care communities is projected to rise sharply. The aging population is also expected to drive demand for healthcare services.
Tampa, Florida-based Sila Realty Trust began trading on the New York Stock Exchange on June 13th. Poised for growth, and a healthy, flexible balance sheet, the newly listed REIT sees ample opportunity ahead to expand its presence across the health care real estate sector.
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