Acquisitions And InvestmentsVentas has acquired five additional LTACs for $189M with an 8.5% cash yield, enhancing its portfolio and strengthening its financial position.
Earnings And Financial PerformanceVentas reported strong 2Q FFO per share of $0.80, surpassing consensus expectations and showcasing robust performance driven by the senior housing operating portfolio.
Growth And Market TrendsEarnings in the senior housing operating portfolio are poised to accelerate due to occupancy gains, solid revenue per occupied room growth, and moderated expense growth, supported by a growing over 80 population.