Land & Buildings Announces Investment Opinion: Issues White Paper Detailing Why It Believes Welltower's Compensation Program Is Likely to Lead to Inferior Shareholder Returns
NOTE TO EDITORS: The Following Is an Investment Opinion Issued by Land & Buildings Investment Management, LLC
Welltower Shares Trade at 144% Premium to NAV and 33x FFO: Investors Switching to Ventas or American Healthcare REIT Receive 50% More Asset Value Per Dollar
Estimates Shares Could See ~35%-60% Downside From Current Levels to Match Peer Valuations – Discloses Short Position in Welltower
Today, Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings," "L&B," "us" or "we"), issued a white paper on Welltower, Inc. (NYSE:WELL) ("Welltower" or the "Company"), titled Compensation Plan Hubris: Why Welltower's Ten-Year Executive Program Is Likely to