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Welltower invests in Monarch Communities to strengthen its development and operating platform
Investors - JUNE 10, 2021

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Welltower invests in Monarch Communities to strengthen its development and operating platform

by Released

Welltower® Inc. has formed a new relationship with Monarch Communities, a vertically integrated senior living provider with expertise in development, design-build, management and long-term ownership.

The new relationship is focused on developing, re-developing, and managing next-generation integrated independent and assisted living communities.

The partnership is breaking ground this month on its inaugural senior housing development, Monarch Cooper's Corner, located in New Rochelle, New York. Welltower and Monarch are also working together to reposition several Welltower communities in the Mid-Atlantic and Northeast regions.

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