Welltower Inc. filed a prospectus supplement for the potential issuance of up to 566,657 shares of its common stock.

The issuance is contingent on the tender of class A units by holders for redemption by HCN G&L DownREIT II LLC. It is also contingent on Welltower indirect unit HCN DownREIT Member LLC assuming those redemption obligations by issuing shares instead of, or aside from, paying a cash amount, according to a filing.