Discontinued — last reported Q1 '17

Investing

Investments in unconsolidated joint ventures

Welltower Investments in unconsolidated joint ventures increased by 395.0% to $197.67M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 333.6%, from $45.59M to $197.67M. Over 4 years (FY 2021 to FY 2025), Investments in unconsolidated joint ventures shows an upward trend with a 6.0% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2017

How to read this metric

Higher outflows signal an aggressive strategy to expand the portfolio through partnerships rather than sole ownership.

Detailed definition

This represents cash outflows used to acquire or increase equity stakes in joint ventures or partnerships with other ent...

Peer comparison

Common for large-scale real estate firms and REITs that utilize joint ventures to manage leverage and risk.

Metric ID: cf_investments_in_jv

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$139.20M$45.54M$117.19M$115.25M$192.26M$82.98M$111.68M$112.82M$93.34M$61.20M$76.14M$103.83M$42.37M$72.78M$45.59M$50.51M$211.92M$39.93M$197.67M
QoQ Change-67.3%+157.3%-1.7%+66.8%-56.8%+34.6%+1.0%-17.3%-34.4%+24.4%+36.4%-59.2%+71.8%-37.4%+10.8%+319.5%-81.2%+395.0%
YoY Change+38.1%+82.2%-4.7%-2.1%-51.5%-26.2%-31.8%-8.0%-54.6%+18.9%-40.1%-51.3%+400.1%-45.1%+333.6%
Range$39.93M$211.92M
CAGR+8.1%
Avg YoY Growth+37.2%
Median YoY Growth-8.0%

Frequently Asked Questions

What is Welltower's investments in unconsolidated joint ventures?
Welltower (WELL) reported investments in unconsolidated joint ventures of $197.67M in Q4 2025.
How has Welltower's investments in unconsolidated joint ventures changed year-over-year?
Welltower's investments in unconsolidated joint ventures increased by 333.6% year-over-year, from $45.59M to $197.67M.
What is the long-term trend for Welltower's investments in unconsolidated joint ventures?
Over 4 years (2021 to 2025), Welltower's investments in unconsolidated joint ventures has grown at a 6.0% compound annual growth rate (CAGR), from $396.02M to $500.03M.
What does investments in unconsolidated joint ventures mean?
Cash spent to buy or increase ownership interests in shared real estate ventures.

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