Welltower

Welltower is a real estate investment trust that acquires, owns and manages healthcare properties. Read more

484 Followers on Owler
484 Followers on Owler
484 Followers on Owler
484 Followers on Owler

Welltower

Welltower is a real estate investment trust that acquires, owns and manages healthcare properties. Read more

Shankh Mitra's photo - CEO of Welltower

CEO

Shankh Mitra

CEO Approval Rating

83/100

Founded:

1970

Status:

PublicIndependent CompanyNYSEWELL

WELLTOWER TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Healthcare Realty is the top competitor of Welltower. Healthcare Realty was founded in 1993, and its headquarters is in Nashville, Tennessee. Like Welltower, Healthcare Realty also operates in the Real Estate Investment Trusts (REITs) field. Healthcare Realty has 135 fewer employees than Welltower.

Ventas is seen as one of Welltower's top competitors. Ventas was founded in Chicago, Illinois} in 1983. Like Welltower, Ventas also works within the Real Estate Investment Trusts (REITs) field. Compared to Welltower, Ventas generates $705.8M less revenue.

Healthcare Trust is Welltower's #3 rival. Healthcare Trust's headquarters is in Scottsdale, Arizona, and was founded in 2006. Like Welltower, Healthcare Trust also operates in the Real Estate Investment Trusts (REITs) sector. Healthcare Trust generates 16% of Welltower's revenue.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Docreit a competitor of Welltower?

Welltower Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4.4B

Welltower's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 901.1M. Over the last four quarters, Welltower's revenue has decreased by 11.5%. Specifically, in Q1 2021's revenue was $1.1B; in Q4 2020, it was $1.1B; in Q3 2020, it was $1B; in Q2 2020, Welltower's revenue was $1.2B.

Welltower Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Quality Care Properties, Inc.

Apr 2018

Source »
undisclosed
QCP is a real estate investment trust that owns post-acute nursing, memory care and assisted living properties.

-

Rental Continuing Care Retirement Communities

Jan 2018

Source »
$368M
-
Regal Lifestyle

Jun 2015

Source »
$623M
Regal Lifestyle Communities offers seniors care services.
HealthLease Properties REIT

Aug 2014

Source »
$950M
HealthLease provides housing and care facilities for older adults.

These are all the companies that Welltower has acquired. Welltower has acquired 4 companies and its latest acquisition was Quality Care Properties, Inc. in Apr 2018. QCP is a real estate investment trust that owns post-acute nursing, memory care and assisted living properties.

Welltower Funding History

Since Welltower was founded in 1970, it has participated in 2 rounds of funding. In total Welltower has raised $1.3B. Welltower's last funding round was on Mar 2021 for a total of $750.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
Mar 2021
$750M
-
Post-IPO Debt
Apr 2018
$550M
-

Since Welltower was founded in 1970, it has participated in 2 rounds of funding. In total Welltower has raised $1.3B. Welltower's last funding round was on Mar 2021 for a total of $750.0M

Welltower Investments

No recent investments found related to Welltower

These are all the companies that Welltower has invested in. Welltower has invested 4 companies and its latest investment was Quality Care Properties, Inc. in Apr 2018. QCP is a real estate investment trust that owns post-acute nursing, memory care and assisted living properties.

Welltower News

April 28, 2021Markets Insider

Welltower Reports First Quarter 2021 Results

TOLEDO, Ohio, April 28, 2021 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for t... See more »
April 16, 2021Markets Insider

Welltower Announces Dennis G. Lopez and Ade J. Patton as Nominees to join the Board

TOLEDO, Ohio, April 16, 2021 /PRNewswire/ -- Welltower ® Inc. (NYSE: WELL) announced today that the B... See more »
April 12, 2021MarketScreener

Announces Date of First Quarter 2021 Earnings Release, Conference Call and Webcast

(marketscreener.com) TOLEDO, Ohio, April 12, 2021 /PRNewswire/ -- Welltower Inc. today announced tha... See more »
March 22, 2021The Business Journals: Albany Business Review

Saratoga County apartment complex sells for $23 million

A publicly traded real estate investment trust with more than $32 billion in assets bought the apartm... See more »
March 6, 2021News Break

Bessemer Group Inc. Trims Holdings in Welltower Inc. (NYSE:WELL) | News Break

Bessemer Group Inc. trimmed its position in Welltower Inc. (NYSE:WELL) by 15.2% during the fourth qua... See more »
March 3, 2021Zacks

Welltower (WELL) Limits Genesis Ties, Enhances ProMedica JV

While the future deployment of $745 million of Genesis transaction proceeds offers significant value ... See more »
March 3, 2021Skilled Nursing News

Welltower to End Relationship with Genesis, Bolster ProMedica Joint Venture in $880M Deal

Welltower Inc. (NYSE: WELL) late Tuesday announced that it will largely end its relationship with tro... See more »

Welltower Press Releases

March 25, 2021StreetInsider

Welltower Closes $750 Million Senior Unsecured Notes Offering

TOLEDO, Ohio, March 25, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced that it has... See more »
March 8, 2021PR Newswire

Welltower to Present at Citi 2021 Global Property CEO Conference

TOLEDO, Ohio, March 8, 2021 /PRNewswire/ -- Shankh Mitra, CEO and Tim McHugh, CFO of Welltower Inc. (... See more »
March 3, 2021StreetInsider

Welltower and ProMedica Announce Strategic Transactions to Enhance Partnership

TOLEDO, Ohio, March 2, 2021 /PRNewswire/ -- ProMedica and Welltower (NYSE: WELL) today announced two ... See more »
March 2, 2021PR Newswire

Welltower Announces Substantial Exit of Genesis HealthCare Operating Relationship

TOLEDO, Ohio, March 2, 2021 /PRNewswire/ -- Welltower ("Company") today announced that it has substan... See more »
January 29, 2021PR Newswire

Welltower Included In 2021 Bloomberg Gender-Equality Index For 3rd Consecutive Year

TOLEDO, Ohio, Jan. 29, 2021 /PRNewswire/ -- Welltower®Inc. today announced that it is one of 380 comp... See more »
November 19, 2020centralcharts

Welltower Once Again Named to 2020 Dow Jones Sustainability World and North American Indices

Welltower Once Again Named to 2020 Dow Jones Sustainability World and North American Indices PR Newsw... See more »
October 13, 2020PR Newswire

Welltower Announces Date of Third Quarter 2020 Earnings Release, Conference Call and Webcast

TOLEDO, Ohio, Oct. 13, 2020 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced that it will ... See more »

Social Media

Welltower Headquarters

4500 Dorr Street

Toledo, Ohio43615

1-419-247-2800

Driving Directions »

Trending Companies

Welltower Summary

ABOUT

Overview

Welltower is a real estate investment trust that acquires, owns and manages healthcare properties. Welltower was founded in 1970. Welltower's headquarters is located in Toledo, Ohio, USA 43615. It has raised 1.3B in 2 rounds. The latest round was in M...

CEO

Welltower's CEO, Shankh Mitra, currently has an approval rating of 83%. Welltower's primary competitors are Healthcare Realty, Ventas & Healthcare Trust.

Website

welltower.com

Frequently Asked Questions about Welltower

  1. When was Welltower founded?

    Welltower was founded in 1970
  2. Who is Welltower's CEO?

    Welltower's CEO is Shankh Mitra
  3. How much revenue does Welltower generate?

    Welltower generates $4.4B in revenue
  4. How much funding does Welltower have?

    Welltower has historically raised $1.3B in funding
  1. Where is Welltower's headquarters?

    Welltower's headquarters is in Toledo Ohio, USA
  2. How many employees does Welltower have?

    Welltower has 443 employees
  3. What sector does Welltower operate in?

    Welltower is in Real Estate Investment Trusts (REITs)
  4. Who are Welltower's competitors?

    Welltower's top competitors are Healthcare Realty, Ventas, Healthcare Trust