Ventas, Inc. is a

real estate investment trust A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

specializing in the ownership and management of research, medicine and healthcare facilities in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

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 Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

. 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 {{location map+ , United States , float=right , width=400, relief=1 , caption=''Fortune'' 1000 company headquarters locations. Top 20 companies labeled, places= {{location map~ , United States , lat= 36.365378 , long= -94.217629 , label= Walmart, ...

corporation.

History

The company was founded in 1998 as a

spin-off Spin-off, Spin Off, Spin-Off, or Spinoff may refer to: Entertainment and media *Spinoff (media), a media work derived from an existing work *''The Spinoff'', a New Zealand current affairs magazine * ''Spin Off'' (Canadian game show), a 2013 Canad ...

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 ...

, 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 the Commonwealth (U.S. state), Commonwealth of Kentucky. Sixty-two men and one woman have served as governor of Kentucky. The governor's term is four years in length; sinc ...

in 2007 and an unsuccessful candidate for

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

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 for-profit healthcare company based in Nashville, Tennessee, United States. History The Behavioral Healthcare Corporation was founded in 1993 by Edward Stack. Un ...

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 Real estate investment trusts of the United States Corporate spin-offs