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TOLEDO, Ohio, March 2, 2025 /PRNewswire/ -- The Welltower Inc. (NYSE: WELL) management team will participate in the Citi 2025 Global Property CEO Conference on Tuesday, March 4, 2025 from 11:40 a.m. to 12:15 p.m. Eastern Time. A live webcast of the Welltower presentation will be available at the following link, which will be accessible for one year:
https://kvgo.com/citi/welltower-march-2025
TOLEDO, Ohio, March 2, 2025 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at:
https://welltower.com/march2025-business-update
About Welltower
Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada, and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com.
TOLEDO, Ohio, March 2, 2025 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) ("Welltower" or the "Company") today announced that it is under contract to acquire a portfolio of 38 ultra-luxury seniors housing communities and nine entitled development parcels, including a 31-property in-place portfolio valued at C$3.2 billion, from Ontario Teachers' Pension Plan for aggregate consideration of C$4.6 billion. The irreplicable and trophy portfolio is located within highly affluent neighborhoods in Toronto, Vancouver and Victoria. In conjunction with the transaction, Welltower also announced the formation of a long-term strategic partnership with Amica Senior Lifestyles ("Amica"), a preeminent seniors housing owner/operator of category-defining luxury communities with a long-term track record of substantial value creation through superior operational and development acumen.
TOLEDO, Ohio, Feb. 11, 2025 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at:
https://welltower.com/february2025-business-update
About Welltower
Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada, and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com.
TOLEDO, Ohio, Feb. 11, 2025 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended December 31, 2024.
Fourth Quarter and Other Recent Highlights
Reported net income attributable to common stockholders of $0.19 per diluted shareReported quarterly normalized funds from operations attributable to common stockholders of $1.13 per diluted share, an increase of 17.7% over the prior yearReported total portfolio year-over-year same store NOI ("SSNOI") growth of 12.8%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 23.9%SHO portfolio year-over-year same store revenue increased 8.8% in the fourth quarter, driven by 310 basis points ("bps") of year-over-year average occupancy growth and Revenue Per Occupied Room ("RevPOR") growth of 5.0%SHO portfolio year-over-year SSNOI margin expanded by 320 bps in the fourth quarter driven primarily by strong RevPOR growth, which continued to meaningfully outpace Expense per Occupied Room ("ExpPOR") growthDuring the fourth quarter, we completed $2.4 billion of pro rata gross investments, including $2.2 billion in acquisitions and loan funding and $233 million in development fundingAs of December 31, 2024, we had approximately $8.7 billion of available liquidity inclusive of $3.7 billion of available cash and restricted cash and full capacity under our $5.0 billion line of creditIn January 2025, we launched our private funds management business to manage third-party capital and announced the formation of our first fund, which has the ability to source up to $2 billion to invest in stable or near-stable seniors housing properties in the U.S.In January 2025, we announced executive team promotions to recognize and retain our most valued team members and create significant opportunities for growth and advancement of the next generation of leadership at Welltower. These promotions included the appointment of John Burkart to Vice Chairman & Chief Operating Officer, Nikhil Chaudhri to Co-President & Chief Investment Officer and Tim McHugh to Co-President & Chief Financial OfficerTOLEDO, Ohio and KANSAS CITY, Mo., Jan. 29, 2025 /PRNewswire/ -- Welltower® Inc (NYSE: WELL) ("Welltower") and NorthStar Healthcare Income, Inc. ("NorthStar Healthcare"), an internally managed, public, non-listed real estate investment trust (REIT) that owns a diversified portfolio of seniors housing properties located throughout the United States, today announced that NorthStar Healthcare has entered into a definitive merger agreement to be acquired by an affiliate of Welltower, in an all cash transaction with an approximate enterprise value of $900 million.
TOLEDO, Ohio, Jan. 29, 2025 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) (the "Company"), the world's largest owner of healthcare and wellness infrastructure and a pioneer in the application of data science to real estate, today announced the launch of its private funds management business to manage third party capital. The new business will pursue opportunities to invest across the capital structure in the healthcare and wellness real estate sectors. A wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") is committing, as an anchor LP to the first fund managed by the new business, 20% or up to $400 million of capital for the first fund. Welltower and Welltower's management is also contributing 20% of the LP capital up to a total of $400 million.
TOLEDO, Ohio, Jan. 15, 2025 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) today announced it will release fourth quarter 2024 financial results after the close of trading on the New York Stock Exchange on Tuesday, February 11, 2025. The Company will host a conference call and webcast on Wednesday, February 12, 2025, at 9:00 a.m. ET to discuss these results. The Company's earnings release will be available in the Investors section of the Company's website.
TOLEDO, Ohio, Jan. 2, 2025 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced executive and senior leadership team promotions to further solidify its best-in-class team and to strengthen the Company's long-term growth prospects.
"The transformation of Welltower and the progress we have made over the past decade would not have been possible without the dedication, contribution and impact of the individuals being recognized today," said Shankh Mitra, Welltower's Chief Executive Officer. "These promotions reflect their exceptional leadership as they embody the unique culture we have created. The cultivation of the next generation of talent at the firm will add further duration to our dogged pursuit of long-term compounding of per share growth for our owners." Mr. Mitra added, "All of these individuals have been instrumental in creating what is known today as Welltower by laying one airtight brick at a time with an outsider mindset. Nikhil, Tim, Matt and John Olympitis are part of the original team who started this transformational journey with me almost a decade ago. Eddy, Patrick and John Burkart subsequently joined us as we disrupted our company from within to the next iteration. But all of them share two rare genetic qualities: a 'delayed gratification gene' referring to their instinctive bias towards sacrificing an immediate reward for a much larger gain tomorrow and a 'fiduciary gene' representing their innate desire to put the interests of our owners ahead of their own. I am humbled every day by their unwavering commitment to the long-term success of our Company."
TOLEDO, Ohio, Oct. 28, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at:
https://welltower.com/business-update-October2024
About Welltower
Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada, and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com.