Welltower Sells 296-Property, 18MSF Outpatient Medical Portfolio to Remedy Medical-Kayne Anderson JV for $7.2bn

Welltower agreed to sell 296 outpatient medical properties (18 million sq ft across 34 states) to a Remedy Medical Properties/Kayne Anderson joint venture for $7.2 billion in tranches through mid-2026, establishing the buyer as the largest US outpatient medical owner; Welltower nets ~$6 billion after reinvesting into a preferred equity position.