NOI Diversification

Business Model Powers Enterprise Strength

Our investments across the healthcare real estate spectrum provide sustainable, growing cash flow during strong economic cycles and resilience during downturns. Our deliberately constructed mix of businesses is the foundation of Ventas’s enterprise strength and reliability. Ventas’s high-quality Seniors Housing Operating communities comprise about 29% of NOI, part of our balanced, productive portfolio of seniors housing and healthcare assets.

ventas noi by property type

(1) Source: Based on annualized Q4 2016 NOI pro forma for the $700M loan to Ardent for its acquisition of LHP Hospital Group as announced on 10/05/2016 and expected to close in Q1 2017, subject to customary regulatory reviews and approvals. Pro forma for additional anticipated acquisition activity totaling ~$1B, including the aforementioned $700M loan to Ardent, and disposition activity totaling ~$900M, including the expected $700M Kindred SNF sale, as included in the Company’s 2017 guidance provided on 02/10/2017.