|Bid||72.22 x 800|
|Ask||75.00 x 800|
|Day's Range||72.86 - 73.37|
|52 Week Range||51.80 - 75.40|
|Beta (3Y Monthly)||0.20|
|PE Ratio (TTM)||52.35|
|Forward Dividend & Yield||3.17 (4.34%)|
|1y Target Est||N/A|
Ventas, Inc. announced today that management will participate in the BMO Capital Markets 14th Annual Real Estate Conference held in Chicago, Illinois on September 17, 2019.
Ventas, Inc. (VTR) (“Ventas” or the “Company”) announced today that management will participate in the Bank of America Merrill Lynch 2019 Global Real Estate Conference (the “BAML Conference”) in New York, New York on September 10, 2019. Any Company written materials accompanying the Company’s meetings with certain investors at the BAML Conference will be available on the Company’s website starting at 8 a.m. Eastern Time on September 10.
Ventas, Inc. (VTR) (“Ventas” or the “Company”) announced today that it has completed its investment in a Class A portfolio of apartment-like senior housing assets in the attractive Quebec market through an equity partnership with Le Groupe Maurice (“LGM”). LGM is a best-in-class, fully integrated designer, developer and operator of senior housing.
Ventas, Inc. (VTR) (“Ventas” or the “Company”) announced today the expiration and results of the previously announced offer by Ventas Realty, Limited Partnership (“Ventas Realty”) and Ventas Capital Corporation (“Ventas Capital” and, together with Ventas Realty, the “Issuers”), its wholly owned subsidiaries, to purchase for cash (the “Tender Offer”) any and all of their outstanding 4.25% Senior Notes due 2022 (the “Notes”), jointly issued by the Issuers and fully and unconditionally guaranteed by Ventas, which expired at 5:00 p.m., New York City time, on August 16, 2019 (the “Expiration Time”).
Ventas, Inc. (VTR) (“Ventas” or the “Company”) announced today that it has priced a public offering of $650 million aggregate principal amount of 3.000% Senior Notes due 2030 (the “Notes”) at 99.506% of the principal amount. The Notes are being issued by Ventas Realty, Limited Partnership (“Ventas Realty”), a wholly owned subsidiary of the Company, and will be guaranteed, on a senior unsecured basis, by the Company. The Company expects to use the net proceeds from the offering, together with cash on hand and/or borrowings under the Company’s unsecured revolving credit facility, to purchase Ventas Realty’s 4.25% Senior Notes due 2022 pursuant to a cash tender offer for any and all of such notes (the “Tender Offer”) that Ventas Realty commenced today.
Ventas, Inc. announced today that Ventas Realty, Limited Partnership and Ventas Capital Corporation , its wholly owned subsidiaries, have commenced a cash tender offer for any and all of their outstanding 4.25% Senior Notes due 2022 (CUSIP No.
Ventas, Inc. announced today that Ventas Realty, Limited Partnership and Ventas Capital Corporation , its wholly owned subsidiaries, have commenced a cash tender offer for any and all of their outstanding 2.700% Senior Notes due 2020 (CUSIP No.
Ventas, Inc. (VTR) announced today four new developments totaling approximately $0.8 billion in its university-based Research & Innovation (“R&I”) business, all in partnership with Wexford Science & Technology, LLC (“Wexford”), the leading developer of university-focused real estate solutions.
Ventas, Inc., (VTR) has been named a “Founding Partner” of The Global Institute on Innovation Districts (“GIID”) a practitioner-led and empirically grounded not-for-profit organization designed to strategically advance innovation districts worldwide through the creation of a global network and focused research initiatives. Today, by conservative estimates, there are more than 100 innovation districts emerging around the world. As the number of districts continue to grow so does their need for dedicated fact-based research support to both define and differentiate themselves.
The event will feature presentations from members of the Company’s senior leadership team. The event will be webcast live on June 18 and may accessed through the Company’s website at www.ventasreit.com/investor-relations. The event is scheduled to begin at 8:00 A.M. Eastern Time and will continue to approximately 10:30 A.M. Following a break, the webcast will resume slightly before 1:00 P.M. and conclude at approximately 3:00 P.M. Any Company written materials accompanying the presentations will be available on the Company’s website starting at 8:00 A.M. Eastern Time on June 18.
Ventas (VTR) announced that it has provided $490 million in financing to subsidiaries of Colony Capital, Inc. (CLNY) (collectively, the parent and its subsidiaries, “Colony”) as part of a $1.515 billion successful refinancing (the “New Secured Loan”) of Colony’s prior $1.725 billion consolidated healthcare loan (the “Refinanced Loan”) maturing in December 2019, which has been repaid and discharged in full. Ventas’s tranche of the New Secured Loan, which totals $490 million, bears interest at LIBOR plus 6.42 percent, representing a current all-in GAAP rate of 9 percent. “We are delighted to support Colony’s successful refinancing, which creates value for both companies.
Ventas, Inc. (VTR) (“Ventas” or the “Company”) announced today the pricing of an underwritten registered public offering of 11,000,000 shares of its common stock at a public offering price of $62.75 per share. The underwriters have a 30-day option to purchase up to an additional 1,650,000 shares from the Company at the public offering price. The Company estimates that the gross proceeds from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, will be approximately $690.3 million, or $793.8 million if the underwriters exercise their option to purchase additional shares in full.
Ventas, Inc. (VTR) (“Ventas” or the “Company”) announced today it has commenced an underwritten registered public offering of 11,000,000 shares of its common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its common stock. The Company intends to use the net proceeds from the offering to fund a portion of its pending acquisition of substantially all of a CAD$2.4 billion seniors housing portfolio in Quebec, Canada in partnership with Le Groupe Maurice.
CHICAGO-- -- Ventas Invests in C$2.4 Billion Portfolio Through 85/15% Partnership with Le Groupe Maurice ; LGM to Continue to Manage Portfolio 31 Class A Apartment-Like Seniors Housing Communities in Attractive Quebec Markets Well-Occupied, Stable Portfolio and Lease-Up Assets Expected to Deliver 4% NOI CAGR over Next 5 Years Additional Growth Expected from Four In-Progress Developments Exclusive Rights ...
Ventas, Inc. (VTR) management will make a presentation regarding the Company at the Nareit REITWeek 2019 Conference (the “Nareit Conference”) in New York, New York on June 4, 2019 at 11:45 a.m. Eastern Time. The presentation will be audio webcast and may accessed through the Company’s website at www.ventasreit.com/investor-relations. Any Company written materials accompanying the presentation or the Company’s meetings with certain investors at the Nareit Conference will be available on the Company’s website starting at 8 a.m. Eastern Time on June 4.
Robert F. Probst, Executive Vice President and Chief Financial Officer of Ventas, Inc. (VTR) has been named FEI’s 2019 Public Company Financial Executive of the Year. “These characteristics have made Bob a success throughout his 25+ year career in finance, where he has established a strong track record of increasing responsibility and professional achievement.
Ventas, Inc. (VTR) said today that its Board of Directors (the “Board”) declared a regular quarterly dividend of $0.7925 per share, payable in cash on July 12, 2019 to stockholders of record on July 1, 2019. The dividend is the second quarterly installment of the Company’s 2019 annual dividend. At Ventas’s Annual Meeting of Stockholders held yesterday, stockholders voted to elect each of the Company’s director-nominees to new one-year terms: Melody C. Barnes, Debra A. Cafaro, Jay M. Gellert, Richard I. Gilchrist, Matthew J. Lustig, Roxanne M. Martino, Walter C. Rakowich, Robert D. Reed and James D. Shelton.
Debra A. Cafaro, Ventas, Inc. (VTR) Chairman and Chief Executive Officer, has been selected as chair of the board of directors of The Economic Club of Chicago for a two-year term beginning July 1, 2019. The appointment was announced during the Club’s 91st Annual Dinner Meeting on April 10, 2019, where Cafaro was the guest speaker. “The Economic Club of Chicago is a historic and highly relevant organization that sparks dialogue on important topics and serves as a positive force in our city, and I am honored to carry on that proud legacy as its new Chair,” said Cafaro.