Skilled Nursing News February 12, 2025
Executives at Welltower (NYSE: WELL) expressed a bullish long-term outlook on skilled nursing and reaffirmed their commitment to including nursing homes in the portfolio mix.
“Our post-acute segment plays an extraordinarily important role as we think about portfolio construction,” CEO Shankh Mitra said during Welltower’s quarterly earnings call on Wednesday. “We are thinking about how we create long term, sustainable earnings and cash flow growth on a partial basis over decades, and we’re extraordinarily excited about those businesses.”
Welltower owns 286 long-term care and post-acute facilities, with a total of 36,358 beds as of the end of the fourth quarter.
Mitra noted Welltower’s strategy to allocate capital in different parts of the business, depending where the company was slated...
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