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Pathway to Living Teams with Welltower on Seniors Portfolio
Pathway to Living, the seniors housing platform of Waterton, has partnered with Welltower to manage and modernize a 22-property seniors housing portfolio across Illinois and Ohio. In addition to its role as day-to-day operator, Pathway to Living will serve as a minority investor in the acquisition of the 1,105-unit portfolio.
“This is an exciting time for Pathway,” said Jerry Finis, CEO of Pathway to Living. “This new alliance with Welltower, the industry’s leading healthcare real estate entity, is a testament to our reputation as a specialist in middle-market senior housing operations.”
The partnership represents an opportunity for Pathway to Living to expand into the Ohio market and grow its existing footprint in the Midwest region, increasing its total units under management by 40%. The portfolio includes a mix of independent living, assisted living and memory care communities.
- ◦Sale/Acquisition
