CEO DEBRA CAFARO TALKS ABOUT RECENT ACQUISITIONS, REIT’S FUTURE PLANS
By John Mugford
Debra A. Cafaro
In early 2011, Chicago-based Ventas Inc. (NYSE: VTR) made quite a news splash when it entered an agreement to acquire another large, publicly traded healthcare real estate investment trust (REIT), Newport Beach, Calif.-based Nationwide Health Properties Inc. (NYSE: NHP).
By summer, the $7.5 billion transaction had closed as planned, with Ventas bringing into its fold NHP’s 294 seniors housing properties, 217 skilled nursing facilities (SNFs), 135 medical office buildings (MOBs), 12 continuing care retirement communities (CCRCs) and seven specialty hospitals. The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
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