Reuben Brothers and Welltower Announce “Strategic Partnership

Global investor Reuben Brothers has entered into a long-term strategic partnership with Welltower.

As part of the agreement, Reuben Brothers has acquired Avery Healthcare, Welltower’s largest partner in the UK.

This partnership, is expected to lead to “significant future growth opportunities for the future generations of seniors housing properties”, and also enables Avery to achieve high demand in the United Kingdom. The new partnership will see Reuben Brothers’ real estate investment and development acumen combine with Welltower’s data analytics platform and leadership within older adult living.

Reuben Brothers said the acquisition of Avery Healthcare marks its “initial investment in the rental seniors housing and care home sector, serving as a beachhead investment in an area of strategic growth”.

“Our investment in Avery Healthcare will be an exciting addition to our portfolio of real estate and operating companies, as we arrive at the precipice of unprecedented growth of the UK seniors population,” added David Reuben Jr.

“We are thrilled to be making this investment alongside Welltower and their industry-leading data analytics platform.”

Reuben continued: “Together, we are well-positioned to capitalize on an array of growth opportunities as strong secular tailwinds drive exceptional demand for seniors housing in the coming decades. We are proud to be part of this platform that enhances the lives of a great number of UK seniors by providing them high-quality care and an avenue for social and cognitive interaction.”

We are pleased to announce this investment by Reuben Brothers, which will improve our growth prospects as well as increase resident and employee employment opportunities,” said John Strowbridge, CEO and CEO of Avery. “We have grown to 65 homes today, and the platform we have established. Through our continued partnership with Welltower, and now joined by Reuben Brothers, the best days of this company are ahead.”

“We are extremely grateful to announce our new partnership with Reuben Brothers, their strategic investment in the seniors housing industry through the acquisition of Avery Healthcare.” Shankh Mitra, the CEO of Welltower, said: “Reuben Brothers share our belief and excitement for the unprecedented multi-year growth opportunity in the seniors housing sector in the United Kingdom and the United States,” he said. “We look forward to working with our team to broaden our partnership. The prospect of a successful decade of growth, however

“Our investment in Avery Healthcare will be an exciting addition to our portfolio of real estate and operating companies as we enter the poverty-dead of the UK seniors population.” David Reuben Jr. believes that this investment will be resonate by Welltower and their industry-leading data analytics platform. Together, we are well-positioned to capitalize on an array of growth opportunities as strong secular challenges drive exceptional demand for seniors housing in the future. We are proud to be a part of this platform that allows for high-quality care.