Welltower Raises Over $3 Million to Combat Alzheimer’s Disease

5/9/2016 5:01:40 PM EDT

CEO Thomas DeRosa Honored at Association’s Brain Ball Fundraiser

TOLEDO, Ohio--(BUSINESS WIRE)--May 9, 2016-- Welltower Inc. (NYSE:HCN) today announced that it raised more than $3 million for the Alzheimer’s Association, including more than $250,000 by Welltower employees and a $250,000 grant from the Welltower Foundation. In conjunction with the company’s fundraising activities, Welltower’s Chief Executive Officer Thomas J. DeRosa was recognized as the Alzheimer’s Association National Honoree at their annual Brain Ball which was held on Friday, May 6th in Washington, D.C. More than 700 guests attended the event, which elevated the profile of Alzheimer’s disease and raised research funds and funding for critical support services to individuals, families and caregivers facing the daily challenges of the disease.

“Alzheimer’s disease is the sixth leading cause of death in America and cannot be prevented or cured. This needs to be a national priority,” said DeRosa. “I’m proud of the work our operating partners are doing, each and every day, to improve the quality of life of those with Alzheimer’s. I also want to acknowledge the tremendous support our operating and business partners and our employees have provided in helping us meet and exceed our fundraising goals. Together, we raised a record-breaking amount of money on behalf of the Alzheimer’s Association.”

Welltower’s operating partners made significant contributions to the fundraising effort, including Legend Senior Living; Sunrise Senior Living; Benchmark Senior Living; Brandywine Living; Sagora Senior Living and Senior Star. A full list of contributors can be found on the Alzheimer’s Association Brain Ball website at: http://alznca.org/sponsors.

To raise awareness of Alzheimer’s disease, the company produced and distributed a public service announcement and joined forces with Miss USA 2015 Olivia Jordan to ring the Opening Bell® at the New York Stock Exchange on May 6th. Olivia also participated in a ceremonial lighting of the Empire State Building, which was lit purple for Alzheimer’s awareness.

About Welltower Welltower Inc. (NYSE:HCN), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience. Welltower™, a real estate investment trust (“REIT”), owns more than 1,400 properties in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties. More information is available at www.welltower.com.

Source: Welltower Inc.

Welltower Inc.
Barbara Montresor, 419-247-2800