Ventas_(company)

Ventas (company)

Ventas (company)

American real estate company

Ventas, Inc. is a real estate investment trust specializing in the ownership and management of research, medicine and healthcare facilities in the United States, Canada and the United Kingdom.

Quick Facts Company type, Traded as ...

As of December 2019, the group's portfolio consisted of 1,200 properties divided among nursing homes, medical office buildings, rehabilitation and acute care centres, special care centres, laboratories and research centres and medical-surgical centres for a total value of nearly $25 billion.

As of 2019, it is a Fortune 1000 corporation.[3]

History

The company was founded in 1998 as a spin-off of Vencor,[4] a company founded by Bruce Lunsford, who would later be an unsuccessful Democratic candidate for Governor of Kentucky in 2007 and an unsuccessful candidate for Senator from Kentucky in 2008.

Ventas acquired the real estate investments of Ardent Health Services in 2015.[5] In June 2021, Ventas announced the acquisition of New Senior Investment Group.[6]

References

  1. [1]
    "Archived copy". Archived from the original on 2020-03-18. Retrieved 2020-03-18.{{cite web}}: CS1 maint: archived copy as title (link)
  2. [2]
    "Annual Report: Ventas, Inc" (PDF).
  3. [3]
    "Ventas". Fortune. Retrieved 2019-02-08.
  4. [4]
    "Vencor Agrees To Settlement Deal". Sarasota Herald-Tribune. The Associated Press. 21 March 2001. Retrieved 24 April 2015.
  5. [5]
    Chen, Angela (July 7, 2015). "Equity Group Investments to Take Majority Stake in Ardent's Hospital Operations: Deal values Ardent at about $475 million". The Wall Street Journal. Retrieved January 11, 2016.
  6. [6]
    Regan, Tim (28 June 2021). "Ventas to Acquire New Senior Investment Group in $2.3B Transaction". Senior Housing News. Retrieved 12 March 2022.
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