Welltower Adds 3 Nursing Homes to Florida Portfolio

Welltower Adds 3 Nursing Homes to Florida Portfolio
News| November 13, 2026| Mike Boyd
Florida & Gulf Coast

Welltower Inc. recently acquired three nursing homes in Broward County, Florida, from companies managed by TL Management for $160 million. That brings the total number of nursing home transactions in the region to nine. Previously, the company acquired two nursing homes in Palm Beach County for $48.2 million. All in all, Welltower has paid $386 million for nine Florida nursing homes.

The South Florida Business Journal reports, that in the biggest deal, Welltower purchased the 294-bed Unity Health and Rehabilitation Center in Miami for $74.3 million. Located at 1442 N.W. 22nd St., it totals 66,646 square feet and was built on the two-acre site in 1948. It last traded for $2.6 million in 2000.

Meanwhile, Welltower acquired Palms Care Center and Rehab in Lauderdale Lakes for $45 million. It totals 37,338 square feet, has 120 beds and was built on the 2.6-acre site at 3370 N.W. 47th Terrace in 1979. It last sold for $6.59 million in 2006.

Other News

13th Floor, ANF Complete $89M Hallandale Beach Rental Community

Florida & Gulf Coast + Apartment Buildings

13th Floor Investments has delivered Parks at Hallandale, an $89 million mixed-use apartment community bringing nearly 400 new market-rate and workforce residences to Hallandale Beach, Florida. ANF was the construction manager for the project. Parks at Hallandale is located at Pembroke Road and North Federal Highway on a 15.5-acre site. The mixed-use community includes five-story residential...

Learn more

White Plains Project is First to Break Ground on NY State’s Housing Acceleration Fund

New York & Tri-State + Apartment Buildings

Construction has begun on North White Plains, a $178-million mixed-income, transit-oriented development that will create 296 new apartments in the city of White Plains. The development, which will feature two six-story buildings, retail space and a publicly accessible park, is the first development to utilize Gov. Kathy Hochul’s Housing Acceleration Fund, a program designed to...

Learn more

Pacific Urban Investors Pays Over $500k/Unit for Seattle MF Property

Seattle & Northwest + Apartment Buildings

Pacific Urban Investors purchased Broadstone Vin, a 118-unit, mid-rise multifamily property in Seattle, Washington, in a transaction valued at $60.3 million, according to published reports. The deal works out to just over $500,000 per unit. Located at 4106 Stone Way North, Broadstone Vin was built by Alliance Residential Company in 2022 and includes 6,063 square...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up