Welltower (NYSE:WELL) (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.
The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics. Welltower structures its investments across several operating models — including triple-net leases, operating partnerships and equity investments — allowing it to partner with third-party providers and align capital with operator expertise and clinical service needs.
Founded in 1970 as Health Care REIT, Inc., the company adopted the Welltower name in 2015 to reflect a strategic emphasis on the nexus of real estate and health care. Over the decades it has grown into one of the larger healthcare-focused REITs, expanding its footprint beyond the United States into select international markets. Welltower’s portfolio strategy has emphasized geographic diversification and a mix of stabilized income-producing assets alongside development and redevelopment opportunities tied to demographic trends and demand for outpatient care.
Welltower’s business model combines property ownership with active capital deployment and partnership structures to support operators’ clinical and operational needs. The company works with a range of care providers and health systems to develop, adapt and finance facilities that accommodate evolving care delivery models, including greater emphasis on outpatient services and post-acute care transitions. This asset-and-partner approach positions Welltower to serve aging populations and health-care providers seeking specialized real estate solutions.
