Welltower (WELL) Citi’s Miami Global Property CEO Conference 2026 summary

Opening remarks and business overview

• Focuses on senior housing across the U.S., U.K., and Canada, emphasizing housing over healthcare.

• Highlights the importance of understanding long-term earnings power, not just short-term results.

Data science and technology initiatives

• Announced a strategic data science partnership with Public Storage and a private equity group, monetizing proprietary technology.

• Data science platform, developed over 11 years, is now being licensed to third parties, with ongoing discussions for further commercialization.

• Platform enables rapid capital allocation, reducing transaction times from months to days.

• Internal investment team size has remained stable while transaction volume has increased 4-5x in five years due to technology.

• All technology and data science capabilities have been built in-house.

AI, automation, and industry impact

• AI and machine learning are used to disrupt traditional real estate decision-making, focusing on both structured and unstructured data.

• Senior housing is labor-intensive, with potential for automation in non-caregiving roles over the next decade.

• Digitalization aims to free up employee time for resident care and improve data quality.

• The Welltower Business System is in early stages, with about 250 properties onboarded and significant future potential.