Ventas (VTR) Reports Q1 FFO of $0.72
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Ventas Reports 2021 First Quarter Results
May 7, 2021 6:55 AM EDTCHICAGO--(BUSINESS WIRE)-- Ventas, Inc. (NYSE: VTR) (Ventas or the Company) today reported results for the first quarter ended March 31, 2021.
Our strong, diverse and high-quality portfolio delivered better than expected financial results in the first quarter, driven by outperformance in our Senior Housing Operating Portfolio (SHOP) and the reliable performance of our Office and Triple-Net (NNN) businesses, said Debra A. Cafaro, Ventas Chairman and CEO.
Most importantly, led by a 280 basis point increase in our U.S. communities, occupancy in SHOP improved by 190 basis points from pandemic lows in mid-March through the end of April. We have... More
