It also must pay the real estate investment trust a $45 million note that’s due in 2025, the filing shows. Please Allow Javascript and reload this page.Brookdale Senior Living president and CEO Lucinda M. Baier and Ventus CEO Debra Cafaro (iStock)Brookdale Senior Living gets discount on 121 properties hit hard by Covid, but deal doesn’t come cheapDespite seniors’ disproportionate vulnerability to the coronavirus, most senior living facility operators that run assisted living, independent living and skilled nursing properties have managed to maintain their rent payments.Senior housing and medical office REIT Ventas has renegotiated leases for a firm that operates 121 of its senior living facilities across the country. Investing in leading healthcare providers through real estate ownership, enabling them to expand their competencies, extend their brands, and enhance their ability to address the total cost of care.Developing knowledge communities with prominent universities and research companies to spur entrepreneurship, innovation and new ventures that deliver solutions to life-threatening diseases.Sustainability and corporate responsibility have animated our strategy and furthered our growth and value creation throughout our 20-year history. View real-time stock prices and stock quotes for a full financial overview. The company invests in seniors housing and healthcare properties through acquisitions … Senior housing and medical office REIT Ventas has renegotiated leases for a firm that operates 121 of its senior living facilities across the country. For full functionality of this site it is necessary to enable JavaScript. Ventas, Inc. engages in the acquisition and ownership of seniors housing and healthcare properties. Ventas CEO … Ventas CEO Debra Cafaro said the agreement with Brookdale Senior Living addresses the financial toll the coronavirus pandemic has taken on those communities.Ventas has 1,188 facilities in the U.S., Britain and Canada.Cafaro said the renegotiated lease deal provides “Ventas shareholders with certainty, flexibility and the opportunity for upside.” It also enhances “Brookdale’s stability and liquidity,” she said, allowing it to operate Ventas’ properties “safely and productively.”Round-up of top news and topics for each of the following cities:Editorially-curated headlines and news to know for the following areas:Weekly low-down on all things prop-techThe numbers behind office leases, retail, sales and financingUnder the agreement, Brookdale’s annual combined rent dropped to $100 million from $182 million a year, according to company filings. But the deal does not come cheap for Brookdale, which agreed to pay Ventas $235 million in cash and hand over 16.3 million shares of its common stock. VTR | Complete Ventas Inc. stock news by MarketWatch. Here's why long-term investors might want to look at Ventas, even though it is struggling right now. Ventas Ranked #1 Real Estate Company, and #32 Overall, in 3BL Media's 100 Best Corporate Citizens Ventas, Inc. (NYSE: VTR), has been named the top real estate company, and #32 overall, in the 3BL Media's 100 Best Corporate Citizens of 2020. The second annual Ventas Corporate Sustainability Report highlights our collective efforts to demonstrate excellence through our environmental, social and governance (ESG) leadership and showcases our disciplined management approach, significant achievements, newly-established goals and opportunities for continued success.Our 20 million square feet MOB and outpatient portfolio across 32 states supports more than 40 million patient visits each year.The 100 Best Corporate Citizens ranking is based on 141 ESG transparency and performance factors in eight pillars: climate change, employee relations, environment, finance, governance, human rights, stakeholders and society, and ESG performance.Our consistent, successful strategy and agile execution fuels the potential of our partners and provides consistent performance for our stakeholders, powered by our:

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