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Senior housing giant broadens Silicon Valley holdings

Welltower paid nearly $100 million for San Jose assisted living and memory care complex
The Novelle Senior Living complex opened last year in a residential neighborhood in San Jose. (CoStar)
The Novelle Senior Living complex opened last year in a residential neighborhood in San Jose. (CoStar)
CoStar News
August 24, 2026 | 9:05 P.M.

Welltower, a real estate investment giant that has invested billions in America's "silver economy," paid nearly $100 million for a senior living complex in Silicon Valley's largest city.

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