Welltower (HCN) Tops Q1 FFO by 1c

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Welltower Reports 9% Increase in First Quarter Normalized FFO to $1.13 Per Diluted Share

May 3, 2016 7:30 AM EDT

Total Portfolio Same Store NOI Growth of 3.8%, Led by 5.5% Growth in Seniors Housing Operating

Same Store Seniors Housing Operating Occupancy Increased 60 bps to 90.7% with REVPOR Growth of 4.2%

Increasing 2016 Total Portfolio Same Store NOI Guidance to 2.75%-3.25%

TOLEDO, Ohio--(BUSINESS WIRE)-- Welltower Inc. (NYSE:HCN) today announced solid growth for the quarter ended March 31, 2016, driven by higher same store NOI and strategic progress as a leader in health care infrastructure.

The quality of our real estate and our financial strength stand out more than ever as... More