Strong Financial Growth
Normalized FFO per share grew 10% year-over-year, and total company Same-Store Cash NOI increased 8%.
SHOP Segment Performance
U.S. communities led with 19% Same-Store Cash NOI growth and 340 basis points of occupancy growth. SHOP Same-Store portfolio delivered 16% NOI growth year-over-year.
Successful Senior Housing Investments
Closed $2.2 billion of senior housing acquisitions in the U.S. year-to-date, with 45 communities successfully transitioned to SHOP.
Improved Financial Position
Leverage improved by 2 full turns, and net debt to EBITDA of 5.3x in the third quarter represents a full turn improvement from the prior year's third quarter.
Guidance Increase
Increased full year guidance for normalized FFO per share growth and total company Same-Store Cash NOI growth.