CPPIB Bets on Elderly in Florida
Posted on 02/18/2016
The Canada Pension Plan Investment Board (CPPIB) and Toledo-based Welltower Inc., an investor and operator in senior housing, formed a joint venture to acquire a 97.5% interest in a portfolio of six seniors housing properties in Florida, known as Aston Gardens. CPPIB was attracted to the resort-like accommodations in the senior housing sector in Florida. […]
