Welltower Seniors Housing Operating — Capital improvements to existing properties decreased by 18.2% to $246.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from $219.24M to $246.50M. Over 3 years (FY 2022 to FY 2025), Seniors Housing Operating — Capital improvements to existing properties shows an upward trend with a 38.6% CAGR.
Increasing spend suggests a focus on asset quality and long-term value preservation, while decreasing spend may signal deferred maintenance or a shift toward divestment.
Represents the cash expenditures directed toward maintaining, renovating, or upgrading existing senior housing assets to...
Commonly reported by REITs as 'CapEx' or 'Recurring Capital Expenditures' to track asset lifecycle costs.
well_segment_seniors_housing_operating_capital_improvements_to_existing_properties| 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 | $50.68M | $82.71M | $68.61M | $77.44M | $86.57M | $119.48M | $69.78M | $95.40M | $96.75M | $137.20M | $104.81M | $134.67M | $208.66M | $277.13M | $219.24M | $196.39M | $219.32M | $301.51M | $246.50M |
| QoQ Change | — | +63.2% | -17.0% | +12.9% | +11.8% | +38.0% | -41.6% | +36.7% | +1.4% | +41.8% | -23.6% | +28.5% | +54.9% | +32.8% | -20.9% | -10.4% | +11.7% | +37.5% | -18.2% |
| YoY Change | — | — | — | — | +70.8% | +44.5% | +1.7% | +23.2% | +11.8% | +14.8% | +50.2% | +41.2% | +115.7% | +102.0% | +109.2% | +45.8% | +5.1% | +8.8% | +12.4% |