NYSE, VTR - Ventas Inc
We are a REIT with a geographically diverse portfolio of seniors housing and
healthcare-related properties in the United States and Canada. As of
December 31, 2007, this portfolio consisted of 519 assets: 253 seniors housing
communities, 197 skilled nursing facilities, 42 hospitals and 27 medical office
and other properties in 43 states and two Canadian provinces, including 77
seniors housing communities we acquired from Sunrise REIT on April 26, 2007.
With the exception of our medical office buildings (?MOBs?) and 79 of our
seniors housing communities that are managed by Sunrise pursuant to long-term
management agreements, we lease these properties to healthcare operating
companies under ?triple-net? or ?absolute-net? leases, which require the tenants
to pay all property-related expenses. We also had real estate loan investments
relating to seniors housing and healthcare-related third parties as of
December 31, 2007. ...
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