Earnings release
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Welltower Reports Second Quarter 2021 Results PRN prnewswire.com/news-releases/welltower-reports-second-quarter-2021-results-301344702.html TOLEDO , OhioWelltower Inc. ( NYSE : WELL ) today announced results for the quarter ended June 30 , 2021 . Recent Highlights ● welltower ● Reported net income attributable to common stockholders of $ 0.06 per diluted share Reported normalized FFO attributable to common stockholders of $ 0.79 per diluted share • Seniors Housing Operating ( " SHO " ) portfolio occupancy increased approximately 190 basis points ( " bps " ) during the second quarter , exceeding our guidance of an approximate gain of 130 bps Completed $ 1.5 billion of pro rata gross investments during the second quarter • Announced the acquisition of an 86 property seniors housing portfolio operated by Holiday Retirement for $ 1.58 billion . The transaction is expected to be immediately accretive to normalized funds from operations per diluted share following its anticipated closing in the third quarter • Closed on a new $ 4.7 billion unsecured credit facility which includes a five bps improvement in pricing from the previous facility Sold 20.1 million shares of common stock under our ATM program via forward sale agreements since April 1 , 2021 which are expected to generate $ 1.6 billion of gross proceeds and issued $ 500 million of 2.050 % senior unsecured notes due January 2029 • Earned the 2021 ENERGY STAR® Partner of the Year Award for the third consecutive year and further elevated to the level of Sustained Excellence , the Environmental Protection Agency's highest recognition within the ENERGY STAR® program COVID - 19 Update SHO Portfolio Virtually all of our communities are currently accepting new residents , resulting in an increase in move - in activity and occupancy rates in the most recent months . Month end occupancy rates are as follows : 1/21