Explore Welltower
Core profile pages, annual revenue records, and related research hubs for this company.
Explore Welltower
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1970 in Toledo, Ohio, United States
Welltower began in 1970 as Health Care Fund, an early healthcare-focused REIT. The company later operated as Health Care REIT and adopted the Welltower name in 2015.
Wolfe helped shape the early healthcare real estate platform that later became Health Care REIT and then Welltower.
Thompson was part of the early healthcare REIT origin that evolved into the Welltower platform.
Welltower traces its origin to Health Care Fund, an early healthcare-focused REIT.
The company later operated under the Health Care REIT name before rebranding.
Health Care REIT rebranded as Welltower to reflect its broader health and wellness real estate strategy.
Welltower reported $10.838034 billion of total revenues and $936.845 million attributable to common stockholders.
HCP acquired a massive portfolio of high-quality senior housing assets from Sunrise Senior Living for $2.2 billion, a massive strategic bet to establish a dominant footprint in the high-barrier, RIDEA-structured senior housing market and cement its position as the premier healthcare REIT.
Following the rebrand to Welltower, the company re-acquired a massive portfolio of high-quality senior housing and medical office assets from its former spin-off, Quality Care Properties, for $4 billion, instantly consolidating its dominance in the top-MSA healthcare real estate market.
Welltower traces its origins to 1970, when Health Care Fund was founded as an early healthcare-focused REIT.
Welltower origin is commonly linked to Frederic D. Wolfe and Bruce Thompson through the Health Care Fund / Health Care REIT lineage.
Welltower became important as one of the largest healthcare REITs and a major public-market platform for senior housing real estate.
Welltower is headquartered in Toledo, Ohio.