Senior housing and medical office buildings are poised to continue their upward trend as a result of the demographics and improving economies according to Debra Cafaro, chairman and CEO of Ventas, Inc. (NYSE: VTR).
Speaking with REIT.com, Cafaro said being a REIT has provided the company with a flexible business model, allowing it to focus on specific segments of the health care sector that are prime for acquisitions.
“One of the great aspects of the health care REIT model is that we are able to flexibly allocate capital into different sub-sectors at different parts of the cycle, and that has been a way to create value for shareholders,” Cafaro said during the interview. “Our effort is really to allocate the capital where we see either valuations increasing for multiple expansion and/or valuations increasing because the cash flow is increasing.”
View the full video here.
Written by John Yedinak