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Ventas (company)

American real estate company From Wikipedia, the free encyclopedia

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.

TypePublic
Founded1998; 28 years ago (1998)
Quick facts Type, Traded as ...
Ventas, Inc.
TypePublic
IndustryReal estate investment trust
Health care
Founded1998; 28 years ago (1998)
Headquarters353 North Clark
Chicago, Illinois, U.S.
Key peopleDebra Cafaro (Chairman and CEO)
ProductsHealth care facilities
RevenueIncrease US$3.8 billion (2019)[1]
Increase US$433 million (2019)[1]
Total assetsUS$24.7 billion[2] (2019)
Total equityUS$10.55 billion[2] (2019)
Number of employees
500 (2020)
Websitewww.ventasreit.com
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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]

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