公司整体业绩表现 - 公司总体业绩良好，2Q24营业收入为14.54亿美元，同比增长8.6%[16] - 2Q24同店NOI为2.62亿美元，同比增长21.7%[16] - 2Q24总体入住率为82.8%，较上一季度有所提升[15] 运营成本和资本支出 - 2Q24运营成本为10.66亿美元，占营业收入的73.3%[15] - 2Q24资本性支出为1.38亿美元，其中经常性资本支出为5615万美元[15] 主要市场和合作伙伴 - 公司在美国、英国和加拿大三个主要市场的业务均保持稳定[12] - 公司前十大合作伙伴贡献了总NOI的45.5%[12] - 公司在洛杉矶、纽约/新泽西和达拉斯等主要大都市地区的资产占总NOI的13.5%[12] 各业务线表现 - 公司的长期护理/术后护理业务的EBITDARM和EBITDAR覆盖率分别为1.95倍和1.50倍[11] - 公司的独立生活、辅助生活和记忆护理等业务线的入住率分别为84.9%、83.0%和81.1%[10] 资产概况 - 公司拥有924个物业,103,068个单位,总体入住率为[1] - 公司在美国南加州、北加州、纽约/新泽西、蒙特利尔、大伦敦等主要市场拥有大量物业,这些市场占总NOI的42.7%[1] - 公司的租金收入在2024年至2033年期间将保持稳定,其中2028年的租金收入最高,达到1.52亿美元[2] - 公司的高级住房三网和长期/急性护理租赁协议中,有68%的协议EBITDARM覆盖率在1.05倍以上,EBITDAR覆盖率在1.05倍以上的占18.1%[3] - 公司的同店物业在2Q24的NOI同比增长2.1%,NOI利润率为67.7%[4] - 公司的主要租户包括Kelsey-Seybold、UnitedHealth、Novant Health等医疗系统,这些租户占总租金收入的61.6%[5] - 公司的投资级租户占总租金收入的56.3%,租户续租率为92.7%,自有管理物业占比86.4%[5] - 公司物业的平均剩余租期为6.8年,平均建筑面积为60,360平方英尺,平均建筑物年龄为19年[5] 投资活动 - 公司在2024年第二季度的总投资额为16.75亿美元，收益率为7.5%[39] - 公司在2024年1-6月期间的总投资额为21.24亿美元，收益率为7.4%[42,43] - 公司在2024年1-6月期间进行了21项收购和贷款融资，总投资额为16.31亿美元[43] - 公司在2024年1-6月期间进行了57项开发项目投资，总投资额为4.93亿美元[43] - 公司在2024年1-6月期间进行了30项处置和贷款偿还，总金额为6.85亿美元[43] - 公司在2024年1-6月期间的净投资额为14.39亿美元[43] - 公司在2024年第二季度进行了18项收购和贷款融资，总投资额为14.23亿美元[39] - 公司在2024年第二季度进行了53项开发项目投资，总投资额为2.51亿美元[39] - 公司在2024年第二季度进行了20项处置和贷款偿还，总金额为5.78亿美元[39] - 公司在2024年第二季度的净投资额为10.96亿美元[40] 开发项目 - 公司拥有34个正在运营的高级住房项目,总计5,934个床位/单元[47] - 公司拥有11个正在运营的门诊医疗项目,总计824,958平方英尺[48] - 公司预计2024年全年的开发项目转换收益率为7.3%,2025年为6.8%[54] - 公司预计2024年全年的开发项目转换金额为10.51亿美元,2025年为10.38亿美元[54] - 公司目前有50个未稳定的高级住房项目,其中16个入住率为0%-50%[56] - 公司未稳定项目的总投资额为25.08亿美元,占总投资的5.2%[58] - 公司未稳定项目的总收入为4.67亿美元,占总收入的6.2%[58] - 公司预计2024年第一季度的开发项目转换金额为1.63亿美元,2024年全年为10.51亿美元[54] - 公司预计2024年第三季度的开发项目转换收益率为7.5%,2024年全年为7.3%[54] - 公司预计2025年第一季度的开发项目转换金额为5.53亿美元,2025年全年为10.38亿美元[54] 财务指标 - 公司总计稳定NOI为28.43亿美元[61] - 公司总债务为151.93亿美元[61] - 公司现金及受限现金为29.07亿美元[61] - 公司净债务为128.22亿美元[61] - 公司房地产贷款应收款为26.22亿美元[61] - 公司非房地产贷款应收款为2.96亿美元[61] - 公司开发项目未来12个月预计产生NOI为1.63亿美元[61] - 公司EBITDA为26.82亿美元[64] - 公司调整后EBITDA为28.16亿美元[64] - 公司净债务与EBITDA比率为3.59倍[66] - 公司总债务为150.98亿美元[72] - 其中12.32亿美元为无担保票据[72] - 18.01亿美元为有担保债务[72] - 10.21亿美元为非合并有担保债务[72] - 合并有担保债务的非控股权益份额为4.79亿美元[72] - 加拿大和英国市场的债务分别为11.51亿美元和13.

Mr. Gundlach has been a key figure at First Eagle Investment Management, where he has served on the board since 2004. Bleichroeder was spun out from First Eagle after funds controlled by Blackstone and Corsair bought majority control in 2015, a transaction initiated by Mr. Gundlach. Earlier in his career, Mr. Gundlach held roles in the corporate finance and M&A departments at Morgan Stanley and J.P. Morgan. Mr. Gundlach earned a B.S in International Relations and Affairs and an M.S. from Georgetown Universi ...

The Revolving Facility is comprised of an amended $3.0 billion tranche ("RCF A") that matures on July 24, 2028 and an amended $2.0 billion tranche ("RCF B") that matures on July 24, 2029. RCF A will replace the Company's existing $3.0 billion tranche that was scheduled to mature on June 4, 2025, while RCF B will replace the Company's existing $1.0 billion tranche that was scheduled to mature on June 4, 2026. At the Company's option, RCF A may be extended for two successive terms of six months each. Based on ...

TOLEDO, Ohio, July 29, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/july2024-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, postacute providers, and health systems to fund the real estate infrastructure needed to scale innovative care ...

Recent Highlights Capital Activity and Liquidity Notable Portfolio Activity Announced Future Investment Activity Environmental, Social and Governance ("ESG") Pandemic Relief Funds: Our initial 2024 earnings guidance did not include the recognition of any pandemic relief funds which may be received during the year. During the six months ended June 30, 2024, we recognized approximately $2 million at our share related to Provider Relief Funds and similar programs in the United Kingdom and Canada. Our updated g ...

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. According to the collective judgment of analysts, 'Revenues- Rental income' should come in at $412.03 million. The estimate indicates a year-over-year change of +7.5%. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the anal ...

Investors and other interested parties may access the conference call in the following ways: Via webcast: https://events.q4inc.com/attendee/528114084. A webcast replay will be available approximately two hours after the conclusion of the conference call and will be available for 90 days. Joining via webcast is recommended for those who will not be asking questions. A replay of the conference call will be available beginning at approximately 1:00 p.m. ET on July 30, 2024 and ending on August 6, 2024. The dia ...

TOLEDO, Ohio, July 11, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) ("Welltower" or the "Company") announced today that its operating company, Welltower OP LLC ("Welltower OP"), has closed the previously announced offering (the "Offering") of $1.035 billion aggregate principal amount of 3.125% exchangeable senior notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Ac ...

TOLEDO, Ohio, July 9, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) ("Welltower" or the "Company") announced today that on July 8, 2024 its operating company, Welltower OP LLC ("Welltower OP"), priced and upsized the previously announced offering (the "Offering") of $900 million aggregate principal amount of 3.125% exchangeable senior notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amende ...

Shares of Welltower Inc. (WELL) have gained 18.1% in the year-to-date period against the industry's decline of 6.8%. This Toledo, OH-based healthcare real estate investment trust (REIT) owns a well-diversified portfolio of healthcare real estate assets in the key markets of the United States, Canada and the U.K. Its portfoliorestructuring initiatives and capital-recycling activities have aided Welltower in riding the growth curve so far. A healthy balance sheet position will likely support its growth endeav ...