Ventas, Inc.

Ventas, Inc. is a real estate investment trust (REIT) based in Chicago, Illinois, with additional offices in Louisville, Kentucky, and New York, New York. The company focuses on delivering strong, sustainable returns by investing in high-quality real estate assets that serve the large and growing aging population. Ventas' business strategy includes generating reliable and growing cash flows, maintaining a portfolio of high-quality assets, and preserving financial strength, flexibility, and liquidity. Ventas operates through three reportable business segments: senior housing operating portfolio (SHOP), outpatient medical and research portfolio, and triple-net leased properties. The company's senior housing operating portfolio includes independent living, assisted living, memory care, and continuing care retirement communities, primarily in the United States and Canada. Ventas owns and manages these properties directly, often through third-party managers, and is responsible for operational costs, expenses, and other liabilities. The outpatient medical and research portfolio consists of outpatient medical buildings and research centers throughout the United States. These properties are primarily leased to healthcare providers, universities, and academic medical centers. Ventas also provides management, leasing, marketing, facility development, and advisory services to these tenants through its Lillibridge subsidiary and its 50% ownership interest in PMB Real Estate Services LLC. The triple-net leased properties segment includes senior housing communities, skilled nursing facilities, long-term acute care facilities, freestanding inpatient rehabilitation facilities, and other healthcare facilities throughout the United States and the United Kingdom. Ventas leases these properties to tenants under triple-net or absolute-net leases, which obligate the tenants to pay all property-related expenses. Ventas' website is www.ventasreit.com, and its ticker symbol is VTR on the New York Stock Exchange.