Welltower Buys Four Sunrise CCRCs for $368M, Adds Partner for NYC Development

ARLINGTON, Va., CHARLOTTESVILLE, Va., BOCA RATON, Fla., and SILVER SPRINGS, Md. — Welltower Inc. (NYSE: HCN), the largest REIT in the seniors housing sector, has agreed to acquire a portfolio of four continuing care retirement communities (CCRCs) for $368 million. Senior Housing Properties Trust (NASDAQ: SNH) is selling the properties, which are located in the Washington D.C., Miami and Charlottesville, Va., areas.

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