Ventas’s balanced business model, portfolio diversification, and financial strength power our sustained delivery of superior, reliable returns. In the 10-year period ending December 29, 2017, our compound annual total shareholder return of 9.3% outpaced the S&P 500, as we delivered total return of 144.0%.
As one of the world’s foremost real estate investment trusts (REIT), Ventas, Inc., an S&P 500 company, is the premier capital provider to leading seniors housing, healthcare companies and research institutions. A carefully-curated, diverse portfolio of approximately 1,200 properties combined with our highly-focused strategy, financial strength and experienced team has delivered consistent outstanding performance for two decades.
The 14-story Battery Park Community is a premier independent living community for New York City’s senior population and benefits from first class services, gardens, natural light and spacious units. With 217 units overlooking the Hudson River, it is located in a thriving downtown Manhattan neighborhood that offers high-end retail, residential and commercial space in addition to easy access to other highly sought after neighborhoods such as Tribeca, SoHo and the Financial District.
“The Battery Park acquisition firmly establishes Ventas as the market leader in seniors housing in the elite Manhattan market, and adds an irreplaceable, well-established community to our high-quality seniors housing portfolio that is uniquely positioned to benefit from New York City’s strong demographics,” said Debra A. Cafaro, Ventas Chairman and CEO.