March 05, 2025

Goodmans Advises Welltower Inc. in Connection With Its Acquisition of a Portfolio From Amica Senior Lifestyles and Ontario Teachers' Pension Plan

Goodmans is advising Welltower Inc. in connection with its announced 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 consists 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.

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One interviewee reported, "The Goodmans team as a whole is excellent," adding: "The lawyers are very responsive and get the job done. It is of great assurance to have them as our legal advisers." — Chambers Canada
One client noted, "...they handled a very complicated transaction involving many jurisdictions and did a very good job. They are always able to make comparative decisions through a relatively simple way and try to balance risk and find solutions." — Chambers Canada
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One client noted, "very strong legal minds, focus in on the business issues...good communicators, include my internal team as much or as little as we may want on a particular project." — IFLR1000
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Clients commend Goodmans for being, "very entrepreneurial in their culture, in addition to being able to provide sophisticated and excellent legal assistance." — Chambers Canada

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Goodmans Advises Welltower Inc. in Connection With Its Acquisition of a Portfolio From Amica Senior Lifestyles and Ontario Teachers' Pension Plan

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