Real Estate

Welltower Sells, Recaps 3 Healthcare Portfolios For $1.3B

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Welltower has sold three healthcare real estate portfolios with a combined valuation of $1.3 billion. Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing. The 177,358-square-foot, three-building campus represents the company’s second South Florida healthcare portfolio acquisition. Qualified audits of two skilled nursing facility operators has caused some investors to pull out of the market.

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