Welltower acquires Amica Senior Lifestyles portfolio for $4.6 billion

Goodmans LLP advised Welltower Inc. in connection with its acquisition of a portfolio of senior housing communities from Amica Senior Lifestyles and Ontario Teachers' Pension Plan for aggregate consideration of $4.6 billion. The portfolio consisted of 38 luxury seniors housing communities and nine entitled development parcels.

In conjunction with the transaction, Welltower also announced the formation of a long-term strategic partnership with Amica Senior Lifestyles, a preeminent seniors housing owner/operator of category-defining luxury communities with a long-term track record of substantial value creation through superior operational and development acumen.

Welltower Inc. (NYSE: WELL), a real estate investment trust and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.