On the Record · Welltower
Welltower acquisitions, on the record
The businesses Welltower bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Seniors Housing Operating properties (52 properties)Word for word“The following summarizes our property acquisitions and joint venture investments completed during the year ended December 31, 2023 (dollars in thousands): Properties Book Amount (1) Capitalization Rates (2) Seniors Housing Operating 52 $ 2,655,913 5.4% Triple-net 66 1,097,004 9.4% Outpatient Medical 35 474,058 6.9% Totals 153 $ 4,226,975 6.6%” 10-K for 2023 | acquisition | during the year ended December 31, 2023 | 2,655,913 |
properties (251 properties, total book amount $5,716,098 thousand, including Seniors Housing Operating, Triple-net and Outpatient Medical)Word for word“The following summarizes our property acquisitions and joint venture investments completed during the year ended December 31, 2024 (dollars in thousands): Properties Book Amount (1) Capitalization Rates (2) Seniors Housing Operating 198 $ 4,542,752 7.2% Triple-net 52 1,126,492 8.4% Outpatient Medical 1 46,854 7.7% Totals 251 $ 5,716,098 7.5% (1) Represents amounts recorded in net real estate investments including fair value adjustments pursuant to U.S. GAAP.” 10-K for 2024 | acquisition | during the year ended December 31, 2024 | — |
remaining beneficial interest in an equity method joint venture owning 39 triple-net properties with two tenantsWord for word“During 2024, Welltower, which held a 25% minority interest in an existing equity method joint venture that owned 39 properties subject to triple-net leases with two tenants, acquired the remaining beneficial interest.” 10-K for 2024 | acquisition | During 2024 | — |
outpatient medical portfolioWord for word“For example, during the year ended December 31, 2025, we entered into a definitive agreement to sell an outpatient medical portfolio for a sales price of approximately $7.2 billion.” 10-K for 2025 | agreed divestiture | during the year ended December 31, 2025 | approximately $7.2 billion |
portfolio of 38 seniors housing communities and nine development parcels operated by Amica Senior LifestylesWord for word“In March 2025, we announced a definitive agreement to acquire a portfolio of 38 seniors housing communities and nine development parcels for aggregate consideration of C$4.6 billion.” 10-K for 2025 | agreed acquisition | In March 2025 | C$4.6 billion |
real estate portfolio of seniors housing communities in the U.K.Word for word“The largest component of the transactions we announced in 2025 is the acquisition of a real estate portfolio of seniors housing communities in the U.K. for £5.2 billion.” 10-K for 2025 | acquisition | — | £5.2 billion |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2024-12-31 | $87.2 million |
| 2025-12-31 | $139.4 million |
Deal filings since 2016
- 2026-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-07-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-07-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Welltower’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.