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Welltower Reports First Quarter 2021 Results


Welltower Reports First Quarter 2021 Results
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 Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2021.
Recent Highlights
Reported normalized FFO attributable to common stockholders of $0.80 per diluted share
As of April 23, 2021, occupancy for our Seniors Housing Operating ( SHO ) portfolio increased approximately 60 basis points ( bps ) from the pandemic-low on March 12, 2021, led by our U.K. and U.S. portfolios with occupancy gains of 120 bps and 90 bps, respectively
Year-to-date, completed $1.3 billion of pro rata gross investments exclusive of development funding through April 27, 2021
On April 27, 2021, we completed a £540 million ($750 million) participating senior loan advancement to affiliates of Safanad Inc. as part of its recapitalization of HC-One Group. The loan, which may be expanded by an additional £30 million, matures in 2026, and is secured by a first mortgage in ....

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