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Tuesday, October 6th, 2020

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Posted by: | Posted on: October 6, 2020

Welltower Sells, Recaps 3 Healthcare Portfolios for $1.3B

Welltower has sold three healthcare real estate portfolios with a combined valuation of $1.3 billion.

In mid-September, the REIT closed on the sale of one senior housing portfolio for $702 million, representing a 5.1% cap rate on March TTM NOI (with average portfolio occupancy during that time of 96%) and 3.6% on August annualized NOI or, $466,000 per unit.  The sales price reflects a decline of approximately 5% from levels at which the portfolio was expected to trade prior to the COVID-19 pandemic. 

The portfolio was held in a joint venture in which Welltower owned 80% and a third-party owner-operator owned 20% and managed the portfolio under a legacy RIDEA contract. The 11 properties, which are located in California, Washington and Nevada, carry an average age of 12 years and average monthly revenue per occupied room of approximately $5,200.

Separately, Welltower also announced a $402 million joint venture partnership with

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Posted by: | Posted on: October 6, 2020

16 Questions To Ask a Home Inspector Before, During, and After a Home Inspection

If you’re buying a house, you know that your home inspector will check it out and make sure it’s in decent shape. But if you want to get to know your home beyond its pretty facade, you should pepper your inspector with questions—a whole lot of them, in fact!

But when you ask those home inspector questions is as important as what you ask. To ensure you get the most out of your home inspection, here’s a timeline of queries to hit before the inspection even starts, during the actual home inspection, and well after it’s over.

Questions to ask a home inspector before the inspection begins

So, how do you separate a great home contractor from a merely good one? It boils down to interviewing home inspectors to gauge how thorough a job they’ll do. To help, here are some of the best questions to ask.

Bonus: This’ll also

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