Ventas, Inc. (NYSE: VTR) announced today that normalized funds from operations (FFO) for the quarter ended March 31, 2013 increased 14.3% to $301.6 million. Normalized FFO per diluted common share was $1.03 for the first quarter of 2013, a 13% increase from $0.91 for the same period in 2012. “We are pleased to report that […]
Ventas
Healthcare REITs have been among the top-performing REIT sectors throughout the past several years—and that trend continued through the first quarter of 2013 as the segment produced the highest returns in the Global REIT index, revealed a recent S&P Down Jones Global Real Estate Report on Thursday. The Healthcare segment of the S&P Global REIT index […]
Chicago-based real estate investment trust Ventas Inc. (NYSE:VTR) is “looking hard” at hospital real estate as a new investment sector, CEO Debra Cafaro said in an interview with Crain’s Chicago Business. Public companies only own 10% of the $1 trillion, “highly fragmented” healthcare real estate market. Cafaro expects a continued transfer of properties from the […]
The use of RIDEA structures in REIT acquisitions is becoming more commonplace in the senior housing sector as a model that helps drive long-term growth, and analysts say the days of healthcare REITs enjoying healthy margins are far from over. “We see the RIDEA structure as a way for the REITs to remain competitive within […]
After snapping up several large ‘Class A’ senior living portfolios between 2011 and the present, real estate investment trusts (REITs), hungry to keep their margins healthy, are casting wider nets that may include off-market deals, other asset types, and new development. “The biggest challenge the REITs are currently facing is a shortage of quality properties […]
While Real Estate Investment Trusts such as Ventas (NYSE: VTR) have been a senior housing industry mainstay over the past several years, enjoying low costs of capital for senior housing investments versus competing alternatives, they may have seen their peak, write two analysts in a Forbes article this week. With more than half of Ventas’ business […]
Senior housing transactions may have reached a fever pitch toward the end of last year as sellers tried to beat the capital gains tax increase, but more acquisitions are continuing to close in 2013 and industry executives say still more opportunities are in the pipeline. “The deal pipeline is quite robust,” said Jay Flaherty, chairman and […]
Demographics, real estate consolidation, and at what types of senior living communities people are receiving care are dominant trends being buzzed about in the healthcare REIT sector in the year ahead. A video on REIT.com features interviews with a few CEOs of well-known industry REITs and what their focus will be on in 2013. Ventas […]
Ventas Sells $925 Million of Senior Notes Ventas Inc. (NYSE:VTR) subsidiaries Ventas Realty, Limited Partnership and Ventas Capital Corporation recently announced the issuance and sale of $700 million aggregate principal amount of its 2.00% senior notes due 2018 and $225 million principal amount of their 3.25% senior notes due 2022. View the 8-K. Cambridge Closes […]
Despite a huge year for REIT deals in the senior housing space, REITs may be gearing up for even more growth, according to REIT publication REIT.com. Based on input from panelists are this year’s REITWorld annual convention, REIT.com reports that these trusts are still in the “sweet spot” for health care mergers and acquisitions. The […]