Ventas Had $2.7B in Total Investments During 2012

Ventas, Inc. VTR announced today that it has closed, or expects to close by year end, investments totaling $2.7 billion, including $950 million in new investments during the fourth quarter. Private pay assets accounted for 97 percent of the investments. The new investments in healthcare and seniors housing assets have occurred since the Company's release of its third quarter results on October 26, 2012. They include private pay seniors housing, medical office buildings and debt originations, as well as the Atria investment, announced earlier today. The average unleveraged yield of Ventas's recent investments approximates eight percent, excluding the strategic Atria investment. The unleveraged yield on the Company's $2.7 billion of investments for full year 2012, excluding the Atria transaction, averages 7.7 percent.