Core Insights - Welltower Inc. is a leading real estate investment trust (REIT) focused on healthcare infrastructure, particularly in senior housing and outpatient medical properties [1] Financial Strategy - The company has achieved a significant reduction in net debt to consolidated enterprise value from 13.1% to 7.6% over the past year [2][6] - Welltower successfully sourced over $4.1 billion in capital, including senior unsecured notes and equity issuances [2][6] - In August 2025, Welltower issued $400 million of 4.50% senior unsecured notes due 2030 and $600 million of 5.125% senior unsecured notes due 2035 [2] Operational Activities - In the third quarter, Welltower made pro rata gross investments totaling $1.9 billion, with $96 million allocated to development funding [3] - The company completed property dispositions and loan repayments amounting to $144 million [3] - Six development projects were completed with a total investment of $260 million [3] Acquisitions - In October 2025, Welltower acquired a real estate portfolio in the U.K. for approximately £5.2 billion, which includes 111 communities managed under a RIDEA structure [4] - Additionally, Welltower acquired 100% equity ownership of a portfolio operated by HC-One for £1.2 billion, including the repayment of an existing £660 million loan [4] - Total investments in acquisitions amounted to approximately £6.4 billion [6] Financial Performance - Welltower reported earnings per share of $1.34, exceeding the estimated $1.30 [5] - The company generated revenue of approximately $2.69 billion, slightly below the estimated $2.75 billion [5] - Despite a stock price decrease to $176.33, Welltower maintains a strong market capitalization of $117.78 billion [5] - The dividend yield stands at 1.56%, with a dividend per share of $2.75 and a payout ratio of 134.62% [5]