Also, its long-term tie-ups with experienced healthcare management companies or operators insulate it from short-term market swings. These factors are likely to aid in generating stable revenues. Restructuring initiatives over the recent years have enabled the company to attract top-class operators, while its dispositions have helped improve the quality of its cash flows. In the second quarter of 2023, WELL entered into definitive agreements to dissolve its existing joint venture with Revera across the United States, the United Kingdom and Canada during the April-June quarter. Through this, it will acquire the remaining interests in 110 properties from Revera. WELL will simultaneously divest interests in 31 properties to Revera. Its capital-recycling efforts to finance near-term investment and development opportunities highlight its prudent capital management practices and bode well for long-term growth.