Business Segments · Buildings and improvements
Triple-net — Buildings and improvements
Welltower Triple-net — Buildings and improvements decreased by 97.0% to $170.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 85.6%, from $1.18B to $170.18M. Over 4 years (FY 2021 to FY 2025), Triple-net — Buildings and improvements shows an upward trend with a 56.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Growth indicates expansion of the physical footprint or significant capital reinvestment into existing properties.
Detailed definition
The carrying value of physical structures and subsequent capital improvements within the triple-net lease segment. This...
Peer comparison
Common across all REITs reporting gross or net property assets by segment.
Metric ID:
well_segment_triple_net_buildings_and_improvementsHistorical Data
20 periods
| 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 | $268.21M | $436.83M | $809.33M | $171.00K | $171.00K | $172.00K | $59.25M | $74.29M | $74.29M | $430.04M | $969.48M | $253.00K | $61.91M | $621.38M | $710.36M | $1.18B | $1.23B | $2.05B | $5.71B | $170.18M |
| QoQ Change | — | +62.9% | +85.3% | -100.0% | +0.0% | +0.6% | >999% | +25.4% | +0.0% | +478.9% | +125.4% | -100.0% | >999% | +903.6% | +14.3% | +66.5% | +3.9% | +67.0% | +178.2% | -97.0% |
| YoY Change | — | — | — | — | -99.9% | -100.0% | -92.7% | >999% | >999% | >999% | >999% | -99.7% | -16.7% | +44.5% | -26.7% | >999% | >999% | +230.3% | +703.7% | -85.6% |
Range$171.00K – $5.71B
CAGR-9.1%
Avg YoY Growth>999%
Median YoY Growth+137.4%
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Frequently Asked Questions
- What is Welltower's triple-net — buildings and improvements?
- Welltower (WELL) reported triple-net — buildings and improvements of $170.18M in Q1 2026.
- How has Welltower's triple-net — buildings and improvements changed year-over-year?
- Welltower's triple-net — buildings and improvements decreased by 85.6% year-over-year, from $1.18B to $170.18M.
- What is the long-term trend for Welltower's triple-net — buildings and improvements?
- Over 4 years (2021 to 2025), Welltower's triple-net — buildings and improvements has grown at a 56.8% compound annual growth rate (CAGR), from $1.68B to $10.17B.
- What does triple-net — buildings and improvements mean?
- The value of buildings and structural upgrades held in the triple-net lease portfolio.