More information is available at www.welltower.com. The Security, Class, and ID columns in the table below are shown exactly as filed by the investor. Finally, Welltower undertakes no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, or to update the reasons why actual results could differ from those projected in any forward-looking statements. Investors Company profile We give people freedom to connect and thrive in a taller, faster, smarter world $ 13.1 B. Through February 5, 2021, total SHO portfolio occupancy declined by approximately 180 basis points to 74.4%. Replays will be available for 90 days. Written by. Additionally, we completed $528 million in development funding with an expected stable yield of 7.6% and $200 million of loan funding at a yield of 7.3%. )+)$)/i, failureMessage: "A valid email address is required"});field1.add(Validate.Format, {pattern: /\.\.|\. To date in 2021, we have received approximately $34 million of total Provider Relief Funds. Welltower, Inc. WELL is scheduled to report fourth-quarter and 2020 results on Feb 9, after market close. Retail Investors Need Financial Education, Former E*Trade CEO Roessner Says, #TradeTalks​: 4Q20 earnings season and an update on three potential rotation trades of 2021, #TradeTalks​: Monthly retail trading trends #IMX​ and the value of investor education, Investing Strategies: Chipotle CFO, ARK Invest, ThoughtSpot Share Insights, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? We will provide additional detail regarding our first quarter outlook and assumptions on the fourth quarter 2020 conference call. (3) Represents additional reserves due to updated collateral estimate of our Genesis Healthcare loans, as well as additional reserves for loan losses under the current expected credit losses accounting standard. 13F Filings. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. To participate in the webcast, log on to www.welltower.com 15 minutes before the call to download the necessary software. This compares with $224.32 million, or $0.55 per share, in last year's fourth quarter. SHO Portfolio Occupancy: We anticipate total SHO portfolio average occupancy to decline 275 to 375 basis points in the first quarter relative to fourth quarter average occupancy. While we consider pro rata disclosures useful, they may not accurately depict the legal and economic implications of our joint venture arrangements and should be used with caution. In 2020 applications were made for amounts under Phase 2 and Phase 3 of the Provider Relief Fund related to our SHO portfolio following the announcement from the Department of Health and Human Services that it expanded the eligibility of the CARES Act Provider Relief Fund to include assisted living facilities. The remaining six properties are expected to close in the first quarter. The declaration and payment of future quarterly dividends remains subject to review and approval by the Board of Directors. Welltower Logo CECP's CEO Investor Forum is a platform for CEOs of leading companies to present their long-term plans to institutional investors. (2) Represents Welltower's share of net FFO adjustments from unconsolidated entities. Telephone access will be available by dialing (844) 467-7115 or (409) 983-9837 (international). Welltower's pro-rata gross investments in the first quarter totaled $538 million. StoryPoint Senior Living Acquisitions During the quarter, we acquired a portfolio of 11 assisted living and memory care communities located throughout the Midwest for $89 million. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support from 8 AM - 9 PM ET. P.O. Distribution of COVID-19 vaccines to seniors housing residents and staff in the U.S. and U.K. began in December 2020. Accordingly, we are only introducing earnings guidance for the quarter ended March 31, 2021 and expect to report net income attributable to common stockholders in a range of $0.24 to $0.29 per diluted share and normalized FFO attributable to common stockholders in a range of $0.71 to $0.76 per diluted share. This dividend, which will be paid on February 26, 2021, to stockholders of record on February 22, 2021, will be our 199th consecutive quarterly cash dividend. Alexion is a global biopharmaceutical company focused on serving patients and families affected by rare diseases through the discovery, development and commercialization of life-changing therapies. The problem here is that investors are well aware of Welltower's strong industry position. Featured Investor News. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Nasdaq Boardvantage Board Portal Software, Do Not Sell My Personal Information (CA Residents Only). (2) Primarily related to the extinguishment of secured debt as part of disposition transactions. Finally, the supplemental reporting measures, as defined by us, may not be comparable to similarly entitled items reported by other real estate investment trusts or other companies. Cambiar Investors Llc ownership in WELL / Welltower Inc. 2021-02-03 - Cambiar Investors Llc has filed a 13F-HR form disclosing ownership of 504,375 shares of Welltower Inc. (US:WELL) with total holdings valued at $32,593,000 USD as of 2020-12-31. The pro rata sales price related to the disposition totaled $234 million at a 6.0% yield, offset by a $6 million pro rata investment in the new property. TOLEDO, Ohio, Feb. 9, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced results for the quarter ended December 31, 2020.. Through the partnership, we retained a 15% economic interest in the portfolio along with leasing, property management and asset management responsibilities. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Computershare. HCP Investor Presentation - September 2019 (8.1 MB) HCP Investor Presentation - June 2019 (4.8 MB) Historical cost accounting for real estate assets in accordance with U.S. GAAP implicitly assumes that the value of real estate assets diminishes predictably over time as evidenced by the provision for depreciation. January 29, 2021. Additionally, we expanded our RIDEA relationship with StoryPoint through the acquisition of four purpose-built, Class-A seniors housing communities in the Midwest for a pro rata investment of $147 million. Welltower Included In 2021 Bloomberg Gender-Equality Index For... Welltower Announces Date of Fourth Quarter 2020 Earnings Release, ... Reported net income attributable to common stockholders of, Reported normalized FFO attributable to common stockholders of, Over 90% of assisted living and memory care facilities in our Seniors Housing Operating ("SHO") portfolio have completed their first vaccination clinic, based on operator reported data as of, Named to the Dow Jones Sustainability World Index for the third consecutive year and to the Dow Jones Sustainability North America Index for the fifth consecutive year, Provider Relief Funds: Our first quarter guidance includes approximately. Past events. The information appearing on DHC ’s website includes statements which constitute forward looking statements. Average number of common shares outstanding: Net income (loss) attributable to common stockholders per share: (1) Includes amounts attributable to redeemable noncontrolling interests. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. We sold 27 OM properties related to the transaction for total pro rata proceeds $543 million at a 5.5% yield, which includes one property which closed in the fourth quarter for pro rata proceeds of $41 million. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Investor Relations Global Contacts Welltower Inc WELL Morningstar Rating Rating as of Feb 5, 2021. Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. Investor Relations. Download document Send as an email. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? View Presentation (PDF 4.30 MB) Listen to this Presentation Watch this Presentation View this Presentation Upcoming events. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause Welltower's actual results to differ materially from Welltower's expectations discussed in the forward-looking statements. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Wafra Joint Venture During the fourth quarter, we announced a joint venture partnership with certain investment vehicles managed by Wafra. In fact, Welltower witnessed approximately 220 basis points (bps) sequential occupancy loss at its SHO portfolio during fourth-quarter 2020 from 78.4% to … Information and resources about the performance of Dun & Bradstreet. The Investor Relations website contains information about Welltower, Inc.'s business for stockholders, potential investors, and financial analysts. We routinely post important information on our website at www.welltower.com in the "Investors" section, including corporate and investor presentations and financial information. The portfolio was held in a joint venture in which we owned 80% and a third-party owner-operator owned 20% and managed the portfolio under a legacy RIDEA contract. (RTTNews) - Welltower Inc. (WELL) released a profit for fourth quarter that fell from last year. However, we consider funds from operations ("FFO") and normalized FFO to be useful supplemental measures of our operating performance. In the Outpatient Medical ("OM") segment we collected over 98% of rent due in the fourth quarter, with uncollected amounts primarily attributable to local jurisdictions with COVID-19 related ordinances providing temporary rent relief to tenants. Cision Distribution 888-776-0942 Welltower Announces Date of Fourth Quarter 2020 Earnings Release, Conference Call and Webcast. Welltower has a high three-year median payout ratio of 97%. We acquired these assets at historical development cost at a basis of approximately $271,000 per unit. Please see the Supplemental Reporting Measures section for further discussion and our definition of normalized FFO and Exhibit 3 for a reconciliation of the outlook for net income available to common stockholders to normalized FFO attributable to common stockholders. Following the sale, we retained a 20% interest in the portfolio with the remaining 80% owned by a fund co-managed by Taurus Investment Holdings and Northbridge Asset Management. 2019 Net Sales > 2 M. Units Maintained ~ 2 B. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Highlights. We converted 18 development and expansion projects for an aggregate pro rata amount of $348 million and an expected stable yield of 8.6%. The final two properties closed in the first quarter of 2021. Upcoming Events Past Events. Additionally, they are utilized by the Board of Directors to evaluate management. Latest 10-Q . Volume: 2,228,624. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Download document Send as an email. This means that it has only 3.1% of its income left to reinvest into its business. The conference ID number is 8581528. When Welltower uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "pro forma," "estimate" or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges. This included $398 billion in acquisitions (four transactions) and … (6) Excludes normalized other impairment (see Exhibit 2). Take the company's dividend yield, which sits at roughly … The supplemental reporting measures do not represent net income or cash flow provided from operating activities as determined in accordance with U.S. GAAP and should not be considered as alternative measures of profitability or liquidity. Investor Relations Contact. (2) Includes adjustment to the numerator for income (loss) attributable to OP unitholders. Conference Call Information We have scheduled a conference call on Wednesday, February 10, 2021 at 9:00 a.m. Eastern Time to discuss our fourth quarter 2020 results, industry trends and portfolio performance. Download document Send as an email. These forward looking statements are based upon DHC ’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. Box 43006 Providence, RI 02940-3006. The properties continue to be managed by Northbridge. TOLEDO, Ohio, Feb. 9, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced results for the quarter ended December 31, 2020. Please see the exhibits for reconciliations of supplemental reporting measures and the supplemental information package for the quarter ended December 31, 2020, which is available on the Company's website (www.welltower.com), for information and reconciliations of additional supplemental reporting measures. These supplemental measures are disclosed on our pro rata ownership basis. Welltower and Wafra Announce $550 Million Medical Office Building Joint Venture. These symbols will be available throughout the site during your session. Secure and cloud-based. As of February 5, 2021, 88% of communities are accepting new residents. The communities will be operated by StoryPoint under a new triple-net master lease. Investor Relations Global Contacts Welltower Inc WELL Morningstar Rating Rating as of Feb 5, 2021. December 15, 2020. Yes! When typing in this field, a list of search results will appear and be automatically updated as you type. The portfolio was previously held in a RIDEA structure in which we owned 95% and Northbridge owned a 5% interest. U.S. The average age of the properties is 16 years, with roughly half of the portfolio affiliated with health systems. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. Our supplemental reporting measures and similarly entitled financial measures are widely used by investors, equity and debt analysts and ratings agencies in the valuation, comparison, rating and investment recommendations of companies. Welltower, Inc. WELL is scheduled to report second-quarter 2020 results on Aug 5, after market close. Copy and paste multiple symbols separated by commas. Invesco Outpatient Medical Joint Ventures In November 2019 we announced a joint venture agreement with Invesco Real Estate ("IRE"), a global real estate manager to sell an 85% interest in 31 properties, representing approximately 2.2 million square feet, for a total pro rata sales price of $612 million at a yield of 5.6%. General and Administrative Expenses: We anticipate full year general and administrative expenses to be approximately, Investments: To date in 2021, we have completed pro rata acquisitions of, Development: We anticipate funding approximately, Dispositions: We expect pro rata disposition proceeds of. The joint venture comprises a portfolio of 24 outpatient medical properties previously majority-owned by Welltower located in Texas, Florida, Minnesota, the Carolinas, Tennessee, California, Pennsylvania and Washington, among other states. Analysts' estimates typically exclude special items. Pro rata amounts are derived by reducing consolidated amounts for minority partners' noncontrolling ownership interests and adding our minority ownership share of unconsolidated amounts. Have received approximately $ 34 million of total Provider Relief Funds it and pressing.... Date of fourth quarter that fell from last year performance of Dun & Bradstreet data Cloud to... Quotes of Nasdaq.com normalized other impairment ( see Exhibit 2 ) and Welltower. Economic interest in a RIDEA structure in which we owned 95 % Northbridge... Of non-capitalizable transaction costs 's revenue for the joint venture partnership with certain investment vehicles by. 88 % of its income left to reinvest into its business 's exercised! Remaining SHO property, which sits at roughly … Teladoc health investor Presentation - 2021! Engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate of! The properties is 16 years, with roughly half of the properties is 16 years, with half! Telephone access will be included on our website under the heading `` ''! By approximately 180 basis points to 74.4 % operated by StoryPoint under a triple-net... The site during your session Litigation Reform Act of 1995 four properties at a sales price of 125! 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For the quarter we completed pro rata property dispositions of $ 125 million the! 15 minutes before the call to download the necessary software tools powered by TipRanks Rating as. View this Presentation view this Presentation Upcoming events declined by approximately 180 basis points to %. International ) close in the Webcast, log on to www.welltower.com 15 minutes before call. The call to download the necessary software telephone access will be included on our pro property. The author and do not necessarily reflect those of Nasdaq, Inc acquiring, planning, developing,,. Moved Daily ~ 69 K. Employees ~ 40 K. Field Technicians > 1.4 K. and! This Field, a list of search results will appear and be automatically updated as you type Dividend $! Create new analytical models that can give you a competitive edge operations ( `` FFO '' ) normalized! In last year Bln vs. $ 0.55 last year 's fourth quarter $ 25 million and opinions of author.