New player in transitional care

It may sound odd to talk about a robust development pipeline of transitional care facilities and not focus on Mainstreet, which has dominated the market with plans to invest up to $5 billion in the next five years. Nevertheless, a new entrant to the transitional care market, National Healthcare Realty (NHR), is setting out to build 20 facilities in the next three years as the preferred developer for Welbrook Senior Living (not to be confused with Mainstreet’s “Wellbrooke” brand of facilities). Led by Mark Wimer, formerly of Kindred Healthcare and Sun Healthcare Group, Welbrook currently has six facilities located in California, Nevada and Utah, while also self-developing two more... Read More »