The 4,137-unit seniors housing portfolio consists of 48 assisted living properties located in
"The recapitalization of our Benchmark portfolio speaks to the strong institutional demand by high quality buyers for seniors housing assets," said Shankh Mitra,
"We are proud of and grateful for our eight-year relationship with
This press release may contain "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the Company's actual results to differ materially from the Company's expectations discussed in the forward-looking statements. This may be a result of various factors, including, but not limited to, those factors discussed in the Company's reports filed from time to time with the SEC. The Company undertakes no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, or to update the reasons why actual results could differ from those projected in any forward-looking statements.
View original content to download multimedia:http://www.prnewswire.com/news-releases/welltower-announces-recapitalization-of-benchmark-senior-living-portfolio-for-1-8-billion-300894341.html