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Exhibit 99.1
Ventas Reports 2018 Third Quarter Results
CHICAGO--(BUSINESS WIRE)--October 26, 2018--Ventas, Inc. (NYSE: VTR) today announced its results for the third quarter ended September 30, 2018.
“Ventas continued to deliver solid results in the third quarter. We grew property cash flows from our high-quality, balanced portfolio, further strengthened our financial position and drove positive investment momentum, including with existing best-in-class developer and operator relationships in our outpatient and medical office building footprint and university-based research platform,” said Debra A. Cafaro, Ventas Chairman and Chief Executive Officer. “Our talented team is sharply focused on executing on our key priorities, achieving our stated financial goals and positioning Ventas for a strong and profitable future.”
Third Quarter Performance
Same-Store Cash NOI | |||
Q3 2018 | |||
Reported Growth | |||
Triple-Net (“NNN”) | 3.0% | ||
Seniors Housing Operating Portfolio (“SHOP”) | (2.7%) | ||
Office | 3.5% | ||
Total Company | 1.3% | ||
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