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Welltower Reports Revenue and Income Growth From Senior Housing Investments
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Commercial Observer
Welltower, an investment firm focused on senior and assisted living communities, reported continued balance sheet improvement in the second quarter of 2026.
On July 2, Welltower also closed on a deal to acquire five properties currently under development in Canada for about $459 million.
“As the Welltower business system continues to mature, our ability to increase cash flow following an acquisition has become both more significant and more repeatable,” Mitra said.
Net income was $12.2 billion, compared to $10.6 billion in the second quarter of 2025.
Welltower also saw a 5.2 percent growth in revenue per occupied room, with the average number of occupied rooms in its portfolio at 100,410 compared to 96,800 on a year-over-year basis.