Welltower Seniors Housing Operating — Property taxes increased by 11.5% to $72.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.4%, from $61.93M to $72.70M. Over 3 years (FY 2022 to FY 2025), Seniors Housing Operating — Property taxes shows an upward trend with a 18.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Increases typically reflect rising property valuations or local tax rate hikes, which directly compress net operating income.
Represents the mandatory tax obligations levied by local and state governments on real estate holdings within the senior...
Universal expense for all real estate investment trusts.
well_segment_seniors_housing_operating_property_taxes| 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 | $39.15M | $39.15M | $39.15M | $39.15M | $43.14M | $43.14M | $43.14M | $43.14M | $50.51M | $52.43M | $54.01M | $53.08M | $61.93M | $64.61M | $66.16M | $65.19M | $72.70M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.2% | +0.0% | +0.0% | +0.0% | +17.1% | +3.8% | +3.0% | -1.7% | +16.7% | +4.3% | +2.4% | -1.5% | +11.5% |
| YoY Change | — | — | — | — | +10.2% | +10.2% | +10.2% | +10.2% | +17.1% | +21.5% | +25.2% | +23.0% | +22.6% | +23.2% | +22.5% | +22.8% | +17.4% |