Discontinued — last reported Q4 '23
Sunrise — Management fees
Welltower Sunrise — Management fees remained flat by 0.0% to $3.55M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 48.7%, from $6.92M to $3.55M. Over 2 years (FY 2021 to FY 2023), Sunrise — Management fees shows a downward trend with a -38.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease in management fees relative to revenue may indicate improved operational efficiency or a renegotiated management contract, while an increase may reflect higher operating costs or performance-based incentives.
Detailed definition
This metric tracks the total management fees paid to the operator of the Sunrise Senior Living properties. These fees ar...
Peer comparison
Similar to management expense ratios or operator fee structures found in other senior housing REITs, which are used to evaluate the cost-efficiency of third-party management agreements.
well_segment_sunrise_management_feesHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $37.05M | $27.66M | $14.19M |
| YoY Change | — | -25.3% | -48.7% |
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Frequently Asked Questions
- What is Welltower's sunrise — management fees?
- Welltower (WELL) reported sunrise — management fees of $3.55M in Q4 2023.
- How has Welltower's sunrise — management fees changed year-over-year?
- Welltower's sunrise — management fees decreased by 48.7% year-over-year, from $6.92M to $3.55M.
- What is the long-term trend for Welltower's sunrise — management fees?
- Over 2 years (2021 to 2023), Welltower's sunrise — management fees has grown at a -38.1% compound annual growth rate (CAGR), from $37.05M to $14.19M.
- What does sunrise — management fees mean?
- The total fees paid to the third-party operator for managing Sunrise Senior Living properties.