Welltower works to preserve value after 2020 that was anything but ‘plain vanilla’
By
Kimberly Bonvissuto
Feb 11, 2021
“We came into 2020 prepared for a plain vanilla business cycle downturn,” Welltower CEO and Chief Investment Officer Shankh Mitra said during the real estate investment trust’s fourth-quarter and...
Fourth-quarter COVID-19 surge leads to continued occupancy, uncertainty for Welltower
By
Amy Novotney
Feb 11, 2021
Toledo, OH-based Welltower reported normalized funds from operations of 84 cents per share for the fourth quarter Tuesday, beating analysts expectations. Occupancy remains pressured by a decline in move-in...
Seniors housing is bright spot for Welltower in second quarter
By
Lois A. Bowers
Jul 30, 2017
The seniors housing operating portfolio was “the highlight” of the second quarter for Welltower, “with meaningful outperformance relative to our budget,” Shankh Mitra, the real...
Occupancy, rate growth fueling expected future double-digit growth for Welltower
By
Kimberly Bonvissuto
Aug 02, 2023
Welltower is at the cusp of multi-year, double-digit growth due to occupancy gains, rate growth and lower operating expenses, according to CEO Shankh Mitra.
Last year’s momentum carries over into first quarter, Welltower says
By
Kathleen Steele Gaivin
May 12, 2022
Last year’s momentum carried over into the first quarter “and translated into the first period of year-over-year bottom-line growth for our company since the beginning of [the] pandemic,” Welltower...
Welltower closes on $1.4 billion in investments in second quarter, plans to top that in third
By
Kimberly Bonvissuto
Aug 02, 2021
The second quarter of 2021 was one of the best quarters for Welltower from a capital deployment perspective, CEO and Chief Investment Officer Shankh Mitra said Friday, explaining that the real estate investment...
Outlook appears rosier for senior housing investors, experts say
By
Kathleen Steele Gaivin
Apr 03, 2024
Healthcare investors, including senior housing ones, are apt to see an uptick in opportunities this year, according to several recent analyses.
Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...