Market Capitalization (Millions $) |
47,562 |
Shares
Outstanding (Millions) |
515 |
Employees |
464 |
Revenues (TTM) (Millions $) |
6,638 |
Net Income (TTM) (Millions $) |
358 |
Cash Flow (TTM) (Millions $) |
1,354 |
Capital Exp. (TTM) (Millions $) |
5,091 |
Welltower Inc
Welltower Inc. is a leading healthcare real estate investment trust (REIT), that has a portfolio of senior housing operators, post-acute care providers, and outpatient medical property assets. The company is headquartered in Toledo, Ohio and operates primarily in the United States, Canada and the United Kingdom.
Welltower, formerly known as Health Care REIT, was established in 1970 and became a publicly-traded company in 1985. Since then, the company has grown into a diversified healthcare real estate company, with a market capitalization of approximately $37 billion as of 2021.
The company invests in a range of senior housing and care properties, which includes independent living, assisted living, memory care, skilled nursing, and continuing care retirement communities. It also invests in medical properties such as medical office buildings and outpatient facilities, and life science properties that are used for the development of therapeutic drugs and medical devices.
Welltower's portfolio includes over 1,400 properties that represent over 11 million square feet, as of 2021. The company has relationships with over 500 operators and healthcare systems, making it a well-diversified healthcare real estate investor.
Welltower's investment strategy revolves around acquiring properties in attractive locations, with strong demographics and high levels of healthcare demand. The company aims to improve the operations and financial performance of its assets by collaborating with its operators, developing innovative healthcare solutions, and implementing integrated care models that enhance the patient experience.
The company has also been committed to sustainability, incorporating green initiatives and creating healthier and more sustainable environments for its residents, patients, and tenants. In 2016, the company became the first healthcare REIT to join the Global Real Estate Sustainability Benchmark, a benchmarking system for sustainability performance in real estate.
Welltower has received several accolades for its achievements, including being named one of the World's Most Ethical Companies by Ethisphere Institute for 14 consecutive years and being included in the Dow Jones Sustainability North America Index for five consecutive years.
Overall, Welltower Inc. is a well-respected and well-diversified healthcare real estate investment trust that has a proven track record of delivering long term value to its investors.
Company Address: 4500 Dorr Street, Toledo, 43615 OH
Company Phone Number: 247-2800 Stock Exchange / Ticker: NYSE WELL
|