Welltower Inc. (NYSE:WELL) is a real estate investment trust focused on healthcare-related properties. The company owns, develops, and invests in a diversified portfolio of senior housing, outpatient medical, and other healthcare real estate assets.
Its senior housing portfolio includes independent living, assisted living, and memory care communities. Welltower also provides capital to healthcare providers and partners with operators to support the development and operation of facilities serving aging populations. Its outpatient medical properties are located near major hospitals and health systems and are designed to accommodate physician practices and other healthcare services.
Welltower serves markets in the United States, the United Kingdom, and Canada. The company was founded in 1970 as Health Care REIT, Inc. and adopted the Welltower name in 2015. Its business strategy emphasizes real estate positioned near leading healthcare systems and densely populated, affluent communities.
Welltower is led by Chief Executive Officer and President Shankh Mitra, who has overseen the company since 2022. As a publicly traded REIT, Welltower generally distributes a significant portion of its taxable income to shareholders through dividends, subject to applicable requirements and company policies.
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