Ventas has acquired a senior housing portfolio consisting of 20 communities from Chicago Pacific Founders, a healthcare investment firm. The 20 communities encompass more than 2,900 senior housing units across 14 states. The transaction is valued at $725 million.
This portfolio encompasses a diverse mix of independent living, assisted living and memory care communities located in strategic markets known for strong and growing demand for senior living. These communities feature a variety of amenities such as restaurant-style dining, fitness and wellness spaces, pools, spas, and theaters, offering residents premium care and lifestyle experiences.
Ventas is a publicly traded S&P 500 real estate investment trust and the second largest owner of senior housing in the United States.
