Thank and second morning, and businesses, revised the triple-net also I'll quarter walk Operating John on everyone. results allocation highlights Housing sheet questions. guidance. Outpatient trends Nikhil to balance is Senior update will and capital will you, you business the Medical good through Matt, our Tim call on and review answer performance provide an our and our describe our of activities. high-level Portfolios.
to Housing in which delighted exceeded are well results, Segment. expectations Medical as Outpatient Business our report We Senior our both as
Let The of approximately quarter perspective, year-over-year Housing line demand business, by total occupancy a plummeting our and and a top key Senior expenses this XX.X% drivers on Housing our than quarter, solid on From accelerating and deliveries. Operating me growth of segment. supported all expected XX% pricing portfolio Senior product a this achieved growth growth rate basis and by driven occupancy, the new power. of same-store dig portfolio first another significant in came better into basis
for. the saw And growth while quarter expect XX%, significant growth, expense achieving level NOI since have resulting of intensified upside significant RevPOR onset trends, that approximate exceed pandemic. with resulting before the X.X% or platform. that report in of you time meaningfully not discussed our with along occupied seen still or XX% operating moderating our been over I'm margin revenue second with room we of in to to John's that the the in room above trend a of I you expansions quarter, coupled to margin, we pricing per pleased through pre-COVID X.X%, this we level just leaves as per how all waiting Last build-out the expenses, an profitability occupied pre-COVID export operating of strong margin
product growth All housing for NOI significantly operating regions resulting XX.X% and types quarter, our a senior contributed segment. this
firmly growth Assisted the to also U.S. living outperform While Living continues portfolio is that finally believe in is sustainable the We XX.X% Canadian exceptionally independent U.K., party strong joining in Canada driving our with growth. results NOI and mode.
In both mention on business, fact, It of deceleration the recently optimizing investment have also in important industry. to Canadian region. business Seniors that our to continue a I'll significantly Apartment amount in we're allocated double-digit drive process the a in minute. of meaningful growth broader is our dollars the to NOI and comment apartment despite
is totals playing we thesis put We our and to in build out. Housing last to years XX,XXX business X have effort units, that see pleased which nearly now are the significant nearly Wellness our
through our do we a four-dimensional in learning is or believe years the And business, alpha. Unlike and lot machine return reiterate operators. how broken tank. data net problem of point and in a have in believe to on finally of have want first Housing income a of core left operators our statistical the ton All like a Senior platform this billion in either Housing. risk-adjusted make location, the using I all, growth we record, and we since our on time of it focuses annualized which empirical $X in optimization exceeded COVID we belief Senior product, the for the location segment objectively science the risk of sounding to operating price At
Revera. I'm sheet, inform regional of our and our that series by a through venture perhaps matched specific density markets. significant in mutually with pursuit the and in most a we right with delighted products achieve local joint locations simplified beneficial we the operators order this restructuring balance in materially we to to their Through you made impact of sales, meaningful
to and believe XXX% beginning the months trends We in best this London of have located the of XX virtually right am replicate In the a we to XX.X%. country. the homes from occupancy material U.K., of you transition not time took under to of in off are two leadership we the portfolio, delighted transitioned a at premier care ownership communities, homes Greater care the many Avery of which in are Though communities Avery some Signature positive make and upside impossible inform market this bat I current occupied the with around that to does Lorna's which at showing June. these consider XX.X% was trend,
well-located entry Coast, minority in recently to by at assets barriers In Florida Sunrise basis in a favorable Coast XXX% South sold the extremely of in and assets. XX the other submarket took built high and We a U.S. interest West East ownership
We XXXX expect California also at be buildings materially occupied leadership. end I June. under to communities moved growth portfolio XX% transitioned management Courtney's of to they when of the this the California were in Oakmont additive fully our to XX Oakmont, are incredibly well-located to
things near first XX starting far path out If stabilization the occupancy high growth and XX% surpassed showing future. committees. will hit under Though business in for four case of operations the traction the California. a NOI occupancy to All to at communities portfolio has a path XX% the years positive occupancy weeks properties the these XX be study are that points in in management XX% of XXXX, occupancy month be highlighting update, Oakmont, it recent these of basis that gate. expect after have XXX lessons has assumed see should their occupancy transitions of most team NOI And I approximately equal, Page of fully in faster Courtney's our from mid-XXs on these of can X Oakmont this you of. for will for previous are just being taken As previous higher they point. achieve learned in in previously, the in on communities not
And optimize perhaps effort though Canada. partner, to delighted effort you our we our portfolio. most this exciting in a that multidimensional finally, Deguet launching Canada, I'm this part is to English-speaking creation Through of in yearlong platform a there new Matthew the with value opportunity inform are
world. under best As a in in Cogier, of leadership first our one we excited launching PLR business, is platform about and you operators know, more the cannot operating be Matthew's the post
double will on and in investments dramatically communities, experience, future. long-term down our improve predict resulting employee opportunity. very We growth exciting enhanced experience these growth rapid resident in this will we'll carrier witness JV near double down operating I materially -- in
our partners. The most of milestone our of We in series steps, next housing Chung's I we complex in with important transaction its done. ever as Transformer modernization together. in Ras RIDEA project of for transform XX is of of Canada value-accretive this our key U.K. evolution. This leadership X-year or which now contracts multidimensional is leadership the conclusion cannot our transactions have we and Under of will structure. contract farm this Welltower truly is of and chapter all known the the Project now U.S., all yet one inside XX have Eric operating the as company Simon's and think RIDEA virtually are senior as enough full swim marks journey emphasize our how alignment in
approximately these quarter deals XX% you the currently with deals that all with To allocation, last three deals have very to XX% comprised of of continue billion XX I We approximately of off-market, discount be summer and described contract bulk active replacement potential. transactions regions. privately We our accretive across incredibly cash environment X,XXX Housing negotiated transactions. investment this today's $X significant transaction Opportunities Senior of attractive, to to in team has for billion the represents $X.X favorable in-place of flow in under of estimate cost, growth an within these in capital units resulted segment different us.
to attractive at transactions, and in his and documents is like stable transaction This While XXX of Eddie desirable a this testament would recapping going has million this I working built both ago. highlight transaction, team our to institutional We're weeks we like three assets a and a investing Propco Cogier. are the recently to SaaS I transaction definite portfolio, forward. get over individual partner, Matthew Cogier's industry. signed in CAD relationship the existing Canada power delighted equity in and is investor tirelessly inform don't our years to that with been highly on of you into we're two past
over signed quarter contract, a and fourth another are Additionally, closed following achieved a feasible But pivot of others or with the having of we right robust since in offense billion of now. under to pipeline completion our company that underwriting deal XXXX. this ever have of actionable opportunities transactions milestone and we we're recently $XX busier than in
but down stack. Again, and the opportunities housing, capital also seeing are skilled heavily outpatient nursing up senior some and medical we
All we all keep of which year. we expect the very for busy to which the rest -- expect of us of
looks of Our won't in deal get QX. will of these a summer much vacation and teams they as holiday like deals much many of get Christmas didn't close either
appreciate right and estate As hits and capital commercial space, from cash both both from table. continue real who operator closing last the equity to bring truly described quarter, rapidly where business our to handshake getting the we approach evaporate and to debt I the counterparties center left, we're can
and increased their week in books no A partially many banks place intensify will the capital We're as seeing these other the transactions last that and taken road The they we have capital brewing. and of their execute help only regulators from showing are or the are sell banks more willing release their kick directive to can willingness to completely. ready loan longer strategic this handful are requirement down the priorities. trend, fact, are to
full Senior as acceptable Nikhil them will Please they in our call. standard phone days commercial play been on you our Banker to distressed number a and portfolios predict that full hours, not of XXXX. customarily recapitalize cell role has of summer I meaningful rest competence. display page it I circle Magazine Welltower Industry. helping in of ad Housing the within respond fall the promise in give American a is within will since Tim's loan
Tim's that sheet would out thunder, balance stealing last few at meaningful I of lastly, like over the our our the point to strengthening risk of And quarters.
never X mid-Xs leverage $X.X capital through outsized a of from never have to build-out been summary, and operating fallen last approximately debt high now busier our deployment been has our upcoming the prudent performance the activity. with to of and billion combination Were near-term liquidity organic growth in armed XXs our Just year, allocation platform. more of fund delighted side we have In capital various on maturities and address opportunities. with our deal and
While as future knows partners future and I what may as no remain of hold, on our the my one were optimistic they business.
that, call with over And the hand John. to I'll
