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Public Storage and Welltower Announce Strategic Data Science Partnership to Advance Application of AI in Real Estate Investing
Public Storage (NYSE: PSA) and Welltower (NYSE: WELL) today announced a strategic data science partnership bringing together Welltower's industry-leading data science-driven capital allocation expertise and Public Storage's scaled operational, pricing, and customer analytics capabilities.
About this update from Public Storage
[{"type":"text","content":"FRISCO, Texas and TOLEDO, Ohio, March 1, 2026 /PRNewswire/ -- Public Storage (NYSE: PSA) and Welltower (NYSE: WELL) today announced a strategic data science partnership bringing together Welltower's industry-leading data science-driven capital allocation expertise and Public Storage's scaled operational, pricing, and customer analytics capabilities.","length":364,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Welltower)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Welltower)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":345,"url":"https://media.zenfs.com/en/prnewswire.com/bffecdde8463c93a2c474c0c5948aa5d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SsdifagsNqO_SEWLQM9LGA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTYwODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/bffecdde8463c93a2c474c0c5948aa5d","width":400,"height":345}},"href":"https://mma.prnewswire.com/media/2632202/Welltower_Logo_v1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Welltower's industry-leading data science platform – the company's umbrella term encompassing machine learning, deep learning, and AI – was formed in 2016 and has since been led by a multidisciplinary team of Ph.D. computer scientists, engineers, statisticians, and mathematicians. This data science-driven capital allocation engine is designed to dynamically direct capital to the highest risk-adjusted return opportunities across acquisitions, developments, dispositions and lending. While Welltower's platform has historically been focused on capital allocation, Public Storage has developed best-in-class operational data science capabilities as part of its transformation, including revenue management, customer behavior modeling, demand forecasting, and operating efficiency analytics, which are core drivers of net operating income growth and margin expansion.","length":879,"tagName":"p"},{"type":"text","content":"As part of the partnership, Public Storage will license bespoke models from Welltower to deploy capital with greater velocity and precision on granular acquisitions to ultimately achieve stronger risk-adjusted returns. These capabilities build upon Public Storage's Value Creation Engine and support its PS4.0TM strategy to compound per share value. Additionally, over time, Public St...