Welltower Completes Sale of 28 Long-term/Post-acute Care Facilities to Cindat/Union Life Joint Venture

TOLEDO, Ohio--Welltower Inc. (NYSE:HCN) announced today that it has completed its previously announced sale of 28 long-term/post-acute care facilities, master leased to Genesis Healthcare, Inc. (NYSE:GEN) (“Genesis”), to a joint venture (“Joint Venture”) among Welltower, Cindat Capital Management (“Cindat”) and Union Life Insurance Co. Ltd (“Union Life”). Upon completion of the sale, Cindat and Union […]