Ventas, Inc. is a

real estate investment trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...

specializing in the ownership and management of health care facilities in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

and the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

. As of December 2019, the group's portfolio consisted of 1,200 properties divided among nursing homes, medical office buildings, rehabilitation and acute care centres, special care centres, laboratories and research centres and medical-surgical centres for a total value of nearly $25 billion. As of 2019, it is a

Fortune 1000 The Fortune 1000 are the 1,000 largest American companies ranked by revenues, as compiled by the American business magazine ''Fortune''. It only includes companies which are incorporated or authorized to do business in the United States, and for ...

corporation.

History

The company was founded in 1998 as a spin-off of

Vencor Kindred Healthcare was a post-acute healthcare services company that operated long-term acute-care hospitals and provides rehabilitation services across the United States. Kindred's headquarters and support center were located in Louisville, Ke ...

, a company founded by

Bruce Lunsford William Bruce Lunsford (born November 11, 1947) is an American attorney, businessman, and politician from Kentucky. He has served various roles in the Kentucky Democratic Party, including party treasurer, Deputy Development Secretary, and Head o ...

, who would later be an unsuccessful Democratic candidate for

Governor of Kentucky The governor of the Commonwealth of Kentucky is the head of government of Kentucky. Sixty-two men and one woman have served as governor of Kentucky. The governor's term is four years in length; since 1992, incumbents have been able to seek re-el ...

in 2007 and an unsuccessful candidate for

Senator A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...

from Kentucky in 2008. Ventas acquired the real estate investments of

Ardent Health Services Ardent Health Services, formerly known as Behavioral Healthcare Corporation is a healthcare company based in Nashville, Tennessee, United States. History The Behavioral Healthcare Corporation was founded in 1993 by dward Stack Until 2001, it ...

in 2015. In June 2021, Ventas announced the acquisition of New Senior Investment Group.

References

External links

{{DEFAULTSORT:Ventas Companies listed on the New York Stock Exchange Health care companies based in Illinois Real estate investment trusts of the United States Corporate spin-offs