Ventas is a publicly traded real estate investment trust (REIT) listed on the NYSE under the ticker symbol VTR. Founded in 1998 as a spin-off from Vencor, the company is headquartered in Chicago, Illinois, and manages a diversified portfolio of healthcare and senior living properties across North America and the United Kingdom. As of June 30, 2025, Ventas owned or invested in approximately 1,386 properties, including senior housing communities, outpatient medical buildings, research centers, and other healthcare facilities. The company’s portfolio is structured across three primary segments: Senior Housing Operating Portfolio (SHOP), Outpatient Medical and Research (OM&R), and Triple-Net Leased assets. Senior Housing accounted for 57% of annualized NOI as of the end of 2Q'25. Outpatient Medical accounting for another 20% of annualized NOI as of the end of the quarter.