Ventas to Acquire Distinctive Seniors Housing Community in Manhattan
Ventas, Inc. (VTR)
Last ventas, inc. earnings: 2/20 07:11 am
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US:NYSE Investor Relations:
ventasreit.com/investor-relations
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)-- Ventas, Inc. (NYSE: VTR) announced today that it has signed a definitive agreement to acquire a premier seniors housing community (“Battery Park” or the “Community”) located in the appealing Battery Park City neighborhood of downtown Manhattan for approximately $194 million from Brookdale Senior Living (“Brookdale”). This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180820005235/en/ Brookdale Battery Park, New York, NY (Photo: Business Wire) “The Battery Park acquisition firmly establishes Ventas as the market leader in seniors housing in the elite Manhattan market,” said Debra A. Cafaro, Ventas Chairman and Chief Executive Officer. “Battery Park adds an irreplaceable, well-established community to our high-quality seniors housing portfolio and is uniquely positioned to benefit from New York City’s strong demographics. We are pleas
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