TOLEDO, Ohio, April 28, 2026 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2026. First Quarter and Other Recent Highlights Reported net income attributable to common stockholders of $1.02 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.47 per diluted share, an increase of 23% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 16.
4%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 22.1% SHO portfolio organic same store revenue growth increased 9.5% year-over-year in the first quarter, resulting from 370 basis points ("bps") of average occupancy growth and 5.0% growth in Revenue Per Occupied Room ("RevPOR") Year-to-date, closed or under contract to close $10.5 billion of investment activity,...
including $3.3 billion of pro rata gross investments completed in the first quarter and $7.2 billion of pro rata gross investments closed or are under contract to close subsequent to quarter-end We completed $2.8 billion of pro rata dispositions and loan repayments during the first quarter, comprising $1.4 billion of Outpatient Medical ("OM") dispositions which includes follow-on tranches of the previously announced OM portfolio transaction, $524 million of long-term/post-acute care properties which includes the previously announced sale of properties within the Integra joint venture and $873 million of loan repayments As of March 31, 2026, reported Net Debt to Adjusted EBITDA of 2.
73x and approximately $11.1 billion of available liquidity inclusive of $4.8 billion of available cash and restricted cash and full capacity under our recently upsized $6.25 billion line of credit Repaid $700 million of senior unsecured notes at maturity in April 2026 with free cash flow Expanded our capital light revenue opportunities through the licensing of our data science platform to Public Storage and a preeminent global private equity real estate firm Capital Activity and Liquidity Liquidity Update Net debt to consolidated enterprise value decreased to 8.8% as of March 31, 2026 from 10.
8% as of December 31, 2025.
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