Welltower

“While real estate is the world’s largest asset class, it has historically been characterized as a local, ‘gut-feel’ industry that has proven to be one of the most unscaled.”

“I still hear from senior living companies that the projects that can justify higher rental rates, and therefore higher development costs, are penciling out.”

“Through this support, Welltower is well positioned with ample liquidity and historically low leverage to efficiently fund our robust capital deployment opportunities.”

“The successful upsizing and extension of our line of credit further strengthens Welltower’s already robust balance sheet, lowers our cost of capital, and highlights our unparalleled seniors housing growth outlook.”