Welltower's demographic-driven senior housing strategy delivers exceptional returns with 21.7% SHO NOI growth and strategic C$4.6B luxury portfolio acquisition. Welltower's Q1 results demonstrate the company's advantageous positioning within the senior housing sector during a period of favorable demographic tailwinds. The SHO portfolio's performance indicators are exceptional across all key metrics—400 basis points of occupancy growth, 5.9% RevPOR growth, and 290 basis points of margin expansion—highlighting both rising demand and significant pricing power. The announced C$4.6 billion Amica portfolio acquisition represents a sophisticated expansion into ultra-luxury senior housing in affluent Canadian markets (Toronto, Vancouver, Victoria).