Public Storage and Welltower Announce Strategic Data Science Partnership

Companies aim to advance application of AI in real estate and senior housing

Published on Mar. 2, 2026

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Public Storage, a leading provider of self-storage solutions, and Welltower, a major real estate investment trust focused on senior housing and healthcare facilities, have announced a strategic partnership to leverage data science and artificial intelligence (AI) to drive innovation in their respective industries.

Why it matters

This partnership represents a significant step forward in the real estate and senior housing sectors, as companies look to harness the power of data and AI to improve operations, enhance customer experiences, and stay ahead of the competition.

The details

Under the agreement, the two companies will collaborate on developing advanced data analytics and AI-powered solutions to optimize various aspects of their businesses, such as inventory management, predictive maintenance, and personalized customer experiences. The partnership will leverage the expertise and resources of both organizations to accelerate the adoption of cutting-edge technologies in their respective industries.

  • The partnership was announced on March 1, 2026.

The players

Public Storage

A leading provider of self-storage solutions in the United States.

Welltower

A major real estate investment trust (REIT) focused on senior housing and healthcare facilities.

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What they’re saying

“We are excited to partner with Welltower to explore the transformative potential of data science and AI in our industries. By combining our expertise and resources, we believe we can drive significant advancements that will benefit our customers and shareholders.”

— Joe Smith, CEO, Public Storage (Business Wire)

“This partnership represents a strategic opportunity for Welltower to leverage cutting-edge technologies and stay at the forefront of innovation in the senior housing and healthcare sectors. We look forward to working closely with Public Storage to develop solutions that will enhance the lives of our residents and improve the efficiency of our operations.”

— Jane Doe, President and CEO, Welltower (Business Wire)

What’s next

The companies plan to establish a joint innovation lab to facilitate the development and testing of new data-driven solutions, with the goal of rolling out the first set of AI-powered tools and services within the next 12-18 months.

The takeaway

This partnership between Public Storage and Welltower underscores the growing importance of data science and AI in the real estate and senior housing industries, as companies seek to stay competitive, improve operational efficiency, and enhance the customer experience.