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Ventas Inc (VTR.N)

VTR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ventas Inc Says Co's Unit ‍Ventas Realty Sold $650 Mln 4.000 Pct Senior Notes Due 2028
Friday, 23 Feb 2018 05:05pm EST 

Feb 23 (Reuters) - Ventas Inc ::VENTAS INC SAYS CO'S UNIT ‍VENTAS REALTY SOLD $650 MILLION 4.000% SENIOR NOTES DUE 2028- SEC FILING​.  Full Article

Ventas Announces Expiration And Results Of Tender Offer For 4.00% Senior Notes Due 2019
Wednesday, 21 Feb 2018 04:45pm EST 

Feb 21 (Reuters) - Ventas Inc ::VENTAS ANNOUNCES EXPIRATION AND RESULTS OF TENDER OFFER FOR 4.00% SENIOR NOTES DUE 2019.  Full Article

Ventas Announces Pricing Of Senior Notes Offering
Tuesday, 13 Feb 2018 05:07pm EST 

Feb 13 (Reuters) - Ventas Inc ::VENTAS ANNOUNCES PRICING OF SENIOR NOTES OFFERING.VENTAS INC - ‍ PRICED A PUBLIC OFFERING OF $650 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.00% SENIOR NOTES DUE MARCH 1, 2028 AT 99.233% OF PRINCIPAL AMOUNT​.VENTAS INC - ‍ NOTES ARE BEING ISSUED BY VENTAS REALTY, LIMITED PARTNERSHIP​.  Full Article

Ventas Increases Fourth Quarter 2017 Dividend
Monday, 11 Dec 2017 04:34pm EST 

Dec 11 (Reuters) - Ventas Inc ::VENTAS INCREASES FOURTH QUARTER 2017 DIVIDEND.VENTAS INC - BOARD RAISED COMPANY'S Q4 2017 DIVIDEND BY 2 PERCENT TO $0.79 PER SHARE.  Full Article

Ventas reports Q3 adjusted FFO per share $1.04
Friday, 27 Oct 2017 06:56am EDT 

Oct 27 (Reuters) - Ventas Inc :Ventas reports 2017 third quarter results.Q3 adjusted FFO per share $1.04.Qtrly ‍normalized funds from operations per diluted common share $1.04​.Qtrly ‍ reported FFO per diluted common share for $1.02​.Ventas Inc - ‍Company expects to invest in future growth by funding approximately $300 million in development and redevelopment projects for full year 2017​.Ventas Inc sees full year income from continuing operations per diluted common share to range between $1.63 and $1.74​.Ventas Inc - Q3 2017 same-store total portfolio (1,045 assets) cash net operating income grew 2.1 percent compared to same period in 2016​.Ventas Inc - ‍Company projects FY normalized FFO per diluted common share to now range between $4.13 and $4.16​.Ventas Inc - Sees ‍nareit FFO per diluted common share to range between $4.07 and $4.12​.Ventas Inc sees ‍2017 same-store cash noi growth for total company between 2% to 2.5%​.  Full Article

Ventas announces Lillibridge Healthcare Services CEO transition
Friday, 28 Jul 2017 07:10am EDT 

July 28 (Reuters) - Ventas Inc :Ventas Inc - ‍Todd W. Lillibridge to transition out of top executive role in early 2018​.Ventas Inc - ‍Ventas intends to appoint a new leader of MOB business and will commence search process promptly​.Ventas Inc - ‍Lillibridge will transition to a new role as senior advisor to Ventas chairman and CEO in early 2018​.  Full Article

Ventas reports 2017 second quarter results
Friday, 28 Jul 2017 07:09am EDT 

July 28 (Reuters) - Ventas Inc :Q2 adjusted FFO per share $1.06.Q2 earnings per share $0.42 from continuing operations.Q2 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Ventas Inc - ‍reaffirms previously announced 2017 guidance​.Ventas Inc - ‍continues to expect that it will sell 36 skilled nursing facilities that are currently operated by Kindred Healthcare Inc​.Ventas Inc qtrly reported FFO per diluted common share ("NAREIT FFO"), totaled $1.04.Ventas Inc - ‍expected gross proceeds to Ventas are $700 million from Kindred Healthcare​ deal.Ventas - continues to expect to invest in future growth by funding approximately $350 million in development and redevelopment projects for full year 2017​.Ventas Inc - ‍Ventas expects to use proceeds from sale to Kindred Healthcare to repay debt​.Ventas Inc - company's Q2 2017 same-store total portfolio (1,114 assets) cash NOI grew 1.5 percent compared to same period in 2016.FY2017 earnings per share view $1.81, revenue view $3.51 billion -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $4.18 -- Thomson Reuters I/B/E/S.Q2 FFO per share view $1.05 -- Thomson Reuters I/B/E/S.  Full Article

Ventas reaffirms expected sale of 36 skilled nursing facilities for $700 mln
Friday, 30 Jun 2017 09:02pm EDT 

June 30 (Reuters) - Ventas Inc :Ventas reaffirms expected sale of 36 skilled nursing facilities for $700 million to facilitate kindred healthcare’s exit from its skilled nursing segment.Ventas skilled nursing portfolio will represent only one percent of net operating income upon sale.Kindred expects closings of sale of Ventas SNFs to occur in phases, beginning in Q3 of 2017 and completed by year end 2017.  Full Article

Kindred reaches agreement with BM Eagle to sell its skilled nursing facility business for $700 mln
Friday, 30 Jun 2017 08:55pm EDT 

June 30 (Reuters) - Kindred Healthcare Inc :Kindred announces definitive agreement to divest skilled nursing facility business.Total value to kindred will approximate $910 million.Kindred will retain working capital, owned Las Vegas nursing center and hospital-based sub-acute units.Expects phased transaction closings to begin in Q3 of 2017 and be completed by year end 2017.Kindred expects phased transaction closings to begin in Q3 of 2017 and be completed by year end 2017.Following sale, annual rent expense to be reduced by about $88 million, annual capex to be reduced by about $30 million.Following sale, annual noncontrolling interests payments will be reduced by approximately $18 million.Signed agreement with bm eagle under which will sell company's skilled nursing facility business for $700 million in cash.Expects to realize net value of approximately $210 million, subject to post-closing adjustments, and after $700 million payment to ventas."Expect exiting skilled nursing facility business will increase kindred's annual cash flow by approximately $20 million to $30 million".Signed definitive agreement with BM Eagle Holdings to sell company's skilled nursing facility business.Guggenheim securities is acting as financial advisor to kindred.Company estimates accounting change will reduce Q2 reported core EBITDAR from continuing operations by approximately $35 million.  Full Article

Ventas prices Cdn$275 mln of senior notes due 2023
Thursday, 25 May 2017 05:20pm EDT 

May 25 (Reuters) - Ventas Inc :Ventas prices cdn$275 million of 2.55% senior notes due 2023.Ventas inc - ‍notes will mature on march 15, 2023​.Ventas inc - interest on notes will be payable semi-annually on march 15 and september 15 of each year, commencing on september 15, 2017.  Full Article

BRIEF-Ventas Says CEO Debra Cafaro's FY 2017 Total Compensation Was $25.3 Mln

* VENTAS SAYS CEO DEBRA CAFARO'S FY 2017 TOTAL COMPENSATION WAS $25.3 MLN -SEC FILING