Medical Office Buildings: The Wild West of Healthcare Real Estate?

There’s been a growing spotlight on medical-related real estate in the past couple of years, especially considering the activity of real estate investment trusts (REITs) who took the healthcare industry by storm with mega million- and even billion-dollar deals. While most of those deals were for skilled nursing facilities and assisted living communities, medical office […]

Ventas to Acquire Cogdell Spencer for $760 Million

Ventas, Inc. (NYSE:VTR) and Cogdell Spencer Inc. (NYSE:CSA) announced on Dec. 27 that the Boards of Directors of both companies have approved a definitive agreement under which Ventas will acquire Cogdell and its 72 high-quality medical office buildings in an all-cash transaction. At closing, Ventas’ investment, including its share of debt, is expected to approximate […]

Ventas Earnings Surge On Acquisition, Company Raises Outlook

Ventas Inc. (NYSE: VTR) reported an increase in normalized funds from operations (FFO) to $255.1 million, or $0.88 per diluted share, for the third quarter ended September 30, up 20.5% from the previous year’s $115.4 million, or $0.73 per diluted share during the third quarter of 2010. Net income attributable to common stockholders for the […]

Ventas CEO’s Hustle Catapults REIT to the Top

Ventas, Inc., is near the top of the REIT world right now after languishing at the bottom, largely thanks to the tireless efforts of chairman and CEO Debra Cafaro, reports Real Estate Journal. But it hasn’t been an easy journey, and it’s left them drained, Cafaro told a crowd at a ULI forum. “We are […]

WSJ: Ventas and HCP Battle Continues, Punitive Damages Up Next

Despite HCP, Inc. (NYSE:HCP) agreeing to pay approximately $102 million judgment to Ventas, Inc. (NYSE:VTR) for compensatory damages, the battle between the two Health Care REIT powerhouses rages on. In September 2009, a jury verdict awarded Ventas with the judgment after they filed a suit accusing HCP of tortious interference with business expectations concerning Ventas’ acquisition […]