Ventas Inc. (NYSE: VTR) has a bullish outlook for 2017, despite continued supply concerns and an uncertain future for the Affordable Care Act (ACA), company executives revealed Tuesday. By the end of 2017, the Chicago-based real estate investment trust (REIT) will “essentially” be out of the skilled nursing business, more than 50% of its portfolio […]
Ardent Health Services
Chicago-based Ventas Inc. (NYSE: VTR) is providing secured debt financing of $700 million to a subsidiary of Ardent Health Services in connection with its acquisition of LHP Hospital Group, Inc. Ardent is the hospital tenant of real estate investment trust (REIT) Ventas. The deal underscores Ventas’ portfolio repositioning in the last few years and the vision […]