Company Overview

Welltower Inc. (NYSE: WELL) is an S&P 500 company and one of the world's preeminent residential wellness and healthcare infrastructure real estate investment trusts (REITs), headquartered in Toledo, Ohio. Founded in 1970 as Health Care Fund by Frederic D. 'Fritz' Wolfe and Bruce Thompson, Welltower became the first healthcare-focused REIT and has since evolved into a global leader in senior housing and healthcare real estate.

Ranked 534th on the Fortune 500 in 2025, Welltower positions its portfolio of 2,000+ seniors and wellness housing communities at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults across the United States, United Kingdom, and Canada. The company operates through three reportable segments: Seniors Housing Operating (76% of revenues), Triple-Net leased properties, and Outpatient Medical facilities.

Welltower's strategic vision, dubbed "Welltower 3.0," reflects a major pivot from medical office properties toward serving the aging baby boomer population. In 2024, the company recorded $6 billion in acquisitions and announced $14 billion in additional senior housing acquisitions across 700+ communities. The REIT is actively divesting its $6 billion medical office portfolio to focus on senior housing, which will represent over 80% of annual net operating income post-sale. With 2024 revenues of $8.99 billion and same-store NOI growth exceeding 20% for eight consecutive quarters, Welltower continues to lead the transformation of senior living infrastructure through partnerships with premier operators and data-driven capital allocation.

Founded
1970
Headquarters
Lima, Ohio (later Toledo)
Revenue
$14000M

The Welltower Story

Founded in 1970
Lima, Ohio (later Toledo)
Founded by Frederic D. 'Fritz' Wolfe, Bruce Thompson

Founders

Frederic D. 'Fritz' WolfeBruce Thompson
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Key Differentiators

Market Leader

Welltower is recognized as a market leader in the Real Estate & Property Tech sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $14000M in revenue, Welltower operates at enterprise scale with proven market validation.

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