Development Projects Placed Into Service
Welltower Development Projects Placed Into Service decreased by 59.9% to $78.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 74.6%, from $307.26M to $78.01M. Over 4 years (FY 2021 to FY 2025), Development Projects Placed Into Service shows an upward trend with a 48.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values indicate successful project completion and the start of revenue generation from new assets.
Detailed definition
This metric quantifies the value of development projects that have been completed and transitioned from construction to...
Peer comparison
Standard for real estate developers; comparable to 'Assets Placed in Service'.
other_development_projects_placed_into_serviceHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $66.39M | $66.39M | $66.39M | $73.46M | $61.10M | $47.86M | $90.15M | $36.06M | $267.12M | $148.37M | $344.01M | $179.93M | $120.68M | $324.34M | $382.40M | $307.26M | $467.39M | $304.71M | $194.69M | $78.01M |
| QoQ Change | — | +0.0% | +0.0% | +10.6% | -16.8% | -21.7% | +88.4% | -60.0% | +640.7% | -44.5% | +131.9% | -47.7% | -32.9% | +168.8% | +17.9% | -19.7% | +52.1% | -34.8% | -36.1% | -59.9% |
| YoY Change | — | — | — | — | -8.0% | -27.9% | +35.8% | -50.9% | +337.2% | +210.0% | +281.6% | +398.9% | -54.8% | +118.6% | +11.2% | +70.8% | +287.3% | -6.1% | -49.1% | -74.6% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Seniors Housing Operating | $105.33M | $268.23M | — | $132.21M | $374.52M | $235.76M | — | $78.01M |
| Outpatient Medical | $15.35M | $56.10M | $65.82M | $175.05M | $92.87M | $68.95M | $0.00 | $0.00 |
| Triple Net | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total | $120.68M | $324.34M | $382.40M | $307.26M | $467.39M | $304.71M | $194.69M | $78.01M |
Triple Net was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Development Projects Placed Into Service at Other Companies
Frequently Asked Questions
- What is Welltower's development projects placed into service?
- Welltower (WELL) reported development projects placed into service of $78.01M in Q1 2026.
- How has Welltower's development projects placed into service changed year-over-year?
- Welltower's development projects placed into service decreased by 74.6% year-over-year, from $307.26M to $78.01M.
- What is the long-term trend for Welltower's development projects placed into service?
- Over 4 years (2021 to 2025), Welltower's development projects placed into service has grown at a 48.0% compound annual growth rate (CAGR), from $265.56M to $1.27B.
- What does development projects placed into service mean?
- The value of development projects that have been completed and are now operational.