15 Facts About Welltower

Welltower Inc is a real estate investment trust that invests in healthcare infrastructure.

Welltower was led by George Chapman from 1996 to 2014, when he retired and was succeeded by Thomas DeRosa.

Welltower says its latest name change reflects shifts in its business model and distinguishes it from others in its category.

Welltower stock used to trade under the symbol "HCN" on the New York Stock Exchange.

Welltower changed its ticker symbol to "WELL" on February 28,2018.

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Welltower relies heavily on institutional funds to provide capital through public debt and equity markets.

Welltower is based in Toledo, Ohio where it maintains a 160-acre campus.

Welltower has offices in Dallas, Texas; Santa Monica, California; New York City; London; and Toronto.

Welltower has about 1,400 properties in the United States, Canada, and the United Kingdom.

Welltower first partnered with Revera in May 2013 when it formed a joint venture to share ownership of 47 Revera retirement residences in Canada.

In February 2016, Welltower announced that it had formed another joint venture with the CPPIB to buy a 97.

Welltower announced an agreement to buy 19 properties from Vintage Senior Living for $1.

Welltower said it planned to transfer management of the properties to its partner property management firms.

Welltower partnered with luxury real-estate developer Hines to buy a two-parcel site at 56th Street and Lexington Avenue where they plan to build a 15-story tower designed by SLCE Architects.

Welltower's move into Manhattan is part of its strategy to invest in markets with high barriers to entry.