Ventas - News Releases

December 5 - Ventas Declares Regular Quarterly Dividend of $0.395 per Share
November 27 - Ventas Prices $200 Million of 3 7/8% Convertible Senior Notes Due 2011; Proceeds to Be Used to Pay Down Bank Debt and For General Corporate Purposes
November 27 - Ventas to Offer $200 Million of Convertible Senior Notes Due 2011; Proceeds to be Used to Pay Down Bank Debt and for General Corporate Purposes
November 21 - Ventas To Present at the Merrill Lynch 2006 Health Services Conference
November 7 - Ventas Completes Senior Care Acquisition; Properties Include CCRCs, Assisted Living Communities, Skilled Nursing Facilities and Rehabilitation Hospitals; Transaction Expected to Immediately Add $0.04 to $0.05 to Normalized FFO Per Share
October 26 - Ventas Reports Third Quarter Normalized FFO of $67.0 Million; Third Quarter Normalized FFO Per Share Rises 18.5 Percent to $0.64 Per Share; Company Increases 2006 Normalized FFO Guidance to $2.41 to $2.43 Per Share; Issues 2007 Normalized FFO Guidance of $2.70 to $2.75 Per Share
October 12 - Ventas Elects to Increase Kindred Rent by $33.1 Million Per Year; New Aggregate Annual Base Rent Is $239 Million, Payable Retroactive to July 19, 2006
October 9 - Ventas Provides Additional Analysis Regarding Reset Right; Increased Rent of $33.1 Million Per Year Could Add $0.30 to Normalized FFO Per Share in 2007; Blended Annual Rent Escalators Specified by Final Appraisers Are Approximately 3 Percent If Computed Currently
October 6 - Fair Market Rental for Ventas Facilities is $239 Million According to Final Appraisers; $33.1 Million Annual Rent Increase Represents Positive Outcome for Ventas Shareholders; Ventas Has 30 Days to Accept or Reject New Base Rental and Annual Rent Escalation Percentage
October 5 - Ventas Announces 2006 Third Quarter Earnings Release Date and Conference Call
September 27 - Court Grants Ventas Motion and Again Orders Kindred to Disclose Inter-Company Pharmacy Profit Information to Ventas; Kindred Failed to Comply With Court's Prior Orders
September 12 - Ventas Prices $225 Million of 6-3/4% Senior Notes Due 2017; Proceeds to Be Used to Fund a Portion of the Senior Care Transaction
September 8 - Ventas to Acquire 67 Assets in Transaction With Senior Care for $649 Million; Property Mix Includes CCRCs, Assisted Living Communities, Skilled Nursing Facilities and Rehabilitation Hospitals; Transaction Expected to be Immediately Accretive to Normalized FFO
September 7 - Ventas Declares Regular Quarterly Dividend of $0.395 Per Share
August 25 - Ventas Files Protective Appeal in Kindred Litigation; Court Grants Ventas Request to Dismiss Kindred Lawsuit; Court Denies Kindred Request for Injunction
August 17 - Ventas Believes Rental Reset Will Deliver Significant Value for Ventas Shareholders; Fair Market Rental Determination Underway
August 8 - Ventas and Kindred Healthcare Agree on Appraisers for Reset Right; Fair Market Rental Determinations to be Completed by Early October
July 27 - Ventas Reports Second Quarter Normalized FFO of $59.5 Million; Second Quarter Normalized FFO Per Share Rises 12 Percent to $0.57 Per Share; Company Increases 2006 Normalized FFO Guidance to $2.25 to $2.27 Per Share; Ventas Debt Rated Investment Grade by Fitch Ratings
July 17 - Court Requires Kindred to Turn Over Appraisal Information; Kindred to Provide Information Promptly
July 11 - Ventas Announces 2006 Second Quarter Earnings Release Date and Conference Call
July 6 - Ventas Selects James Tellatin as Its Appraiser for Reset Right; Tellatin Recognized as Industry Leading Expert
June 29 - Court Does Not Rule on Kindred's Request for Preliminary Injunction; Reset Right Process Continues Under Master Lease Terms
June 19 - Ventas Demands That Kindred Deliver Information Under Master Leases; Kindred Files Lawsuit Seeking to Avoid Obligation to Deliver Appraisal Reports; Kindred Agrees Not to Pursue Emergency Relief
May 30 - Ventas To Present At The 2006 NAREIT Institutional Investor Forum
May 19 - Ventas Declares Regular Quarterly Dividend of $0.395 Per Share; Stockholders Re-elect Directors, Ratify E&Y and Approve 2006 Incentive Plan and 2006 Stock Plan for Directors; Board Re-appoints Leadership and Adopts Minimum Stock Ownership Guidelines for Directors
May 11 - Ventas to Present at the Harris Nesbitt 2006 North American REIT Conference
May 11 - Ventas to Present at the 2006 North American REIT Conference and the Bank of America Health Care Conference 2006
May 9 - Ventas Initiates Reset Right Process With Delivery of Notices to Kindred; Ventas Proposes $111 Million Increase in Kindred's Annual Base Rents
May 1 - Ventas Reports First Quarter Normalized FFO of $57.5 Million; First Quarter Normalized FFO Per Share Rises 15 Percent to $0.55 Per Share; Company Increases 2006 Normalized FFO Guidance to $2.23 to $2.25 Per Share
April 26 - Ventas Closes New $500 Million Unsecured Credit Facility; Larger Facility and Improved Pricing Offer Greater Flexibility
April 13 - Ventas Announces 2006 First Quarter Earnings Release Date and Conference Call
April 7 - Ventas Files Automatic Shelf Registration Statement
February 27 - Ventas Reports Fourth Quarter Normalized FFO of $57.2 Million; 2005 Normalized FFO Per Share Rises 16 Percent to $2.09 Per Share; 2006 First Quarter Dividend Increases 10 Percent to $0.395 Per Share; 2005 Investment Activity Exceeds $1.5 Billion
February 8 - Ventas Promotes Schweinhart and Lewis to Executive Vice Presidents
February 6 - Ventas to Present at the UBS Global Healthcare Services Conference
January 20 - Ventas Comments on Proposed Rule for Long-Term Acute Care Hospital Reimbursement and Reset Right Process
January 12 - Ventas Announces 2005 Fourth Quarter and Year-End Earnings Release Date and Conference Call
January 4 - Ventas to Present at the 24th Annual JPMorgan Healthcare Conference