Analyst Report: Ventas Inc

Summary

Ventas Inc. is a real estate investment trust that invests primarily in real estate serving the healthcare sector. The company acquires, develops, leases, and manages about 1,400 senior housing and medical office properties in the U.S., Canada, and the U.K. Currently, with about 800 senior housing properties, the segment accounts for just under 60% of VTR's property count and about half of NOI. Medical office and research assets account for about 30% of the portfolio with approximately 32 million square feet of space. These offices are located in 31 states, and about 95% are affiliated with hospitals or health systems. The company acquired 153 new properties in 1H23 in a loan-to-own transaction. The compan