Real Estate
REIT - Healthcare Facilities
$78.20B
533
Key insights and themes extracted from this filing
Total revenues increased to $2,055.7M, with resident fees and services contributing $1,511.5M, indicating a strong demand for the company's core offerings. This is a significant increase from the $1,199.8M in resident fees and services from the same quarter last year.
Property operating expenses were $1,212.7M, which is a substantial portion of the total revenues, impacting the overall profitability. This is a significant increase from the $995.3M in operating expenses from the same quarter last year.
Net income attributable to common stockholders increased to $449.8M from $127.5M year-over-year, demonstrating a substantial improvement in profitability. This is a significant increase from the $127.5M in net income from the same quarter last year.