TOLEDO, Ohio , Oct. 28, 2024 /PRNewswire/ -- Welltower Inc. (NYSE: WELL ) today announced results for the quarter ended September 30, 2024 .
Recent Highlights Reported net income attributable to common stockholders of $0.73 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.11 per diluted share, an increase of 20.
7% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 12.6%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 23.0% SHO portfolio year-over-year same store revenue increased 8.
9% in the third quarter, driven by 310 basis points ("bps") of year-over-year average occupancy growth and Revenue Per Occupied Room ("RevPOR") growth of 4.9% SHO portfolio year-over-year SSNOI margin expanded by 300 bps in the third quarter driven primarily by strong RevPOR growth, which continued to meaningfully outpace Expense per Occupied Room ("ExpPOR") growth During the third quarter, we completed $2.4 billion of pro rata gross investments, including $2.
2 billion in acquisitions and loan funding and $203 million in development funding Since the beginning of the year, we have closed or have definitive agreements to close $6.1 billion in pro rata acquisitions and loan funding Improved net debt to Adjusted EBITDA to 3.73x at September 30, 2024 from 5.
14x at September 30, 2023 As of September 30, 2024 , we had approximately $8.8 billion of available liquidity in.
