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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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Welltower Announces the Completion of Two Next Generation Medical Office Buildings Leased to Atrium Health


Welltower Announces the Completion of Two Next Generation Medical Office Buildings Leased to Atrium Health
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CHARLOTTE, N.C. and TOLEDO, Ohio, April 28, 2021 /PRNewswire/ Welltower Inc. (NYSE: WELL) announced today the completion of two recently developed medical office buildings in Charlotte, NC, totaling over 280,000 square feet.  The properties were delivered in March 2021 and master leased to Atrium Health (Moody s: Aa3; S&P: AA-) under a 15-year triple-net lease.  Located in Midtown Charlotte, minutes from Atrium s Main Campus, the projects were developed by Charlotte-based Pappas Properties, LLC, who will remain strategic partners with Welltower on the planned 9-acre health care anchored, mixed-use campus and future developments. ....

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