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Chicago & Midwest  + Downtown  + Healthcare  | 

Ventas Boosts 2018 Outlook on Strong Q2 Earnings

Locally based healthcare REIT Ventas Inc. posted normalized funds from operations of $1.08 per diluted common share for the second quarter, a 2% year over year increase. The company updated and improved its 2018 normalized FFO per share and same-store cash NOI growth expectations.

“We delivered strong earnings and results in Q2, as we grew property cash flows in our high-quality, differentiated portfolio, executed on our strategic priorities and recycled capital from previous successful investments to significantly enhance our strong financial position and increase our liquidity,” said Debra A. Cafaro, Ventas’ chairman and CEO.

Cafaro, currently chair of the Real Estate Roundtable, said her team remains “sharply focused on delivering results and positioning the company to extend its long track record of creating value for shareholders. Building on our achievements and strong performance year-to-date and our continued investment activity, we are pleased to again improve our full year 2018 expectations.”


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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