Ventas Names Chicago As Headquarters
Ventas, Inc. (NYSE:VTR) recently announced that its headquarters will be relocated to Chicago. The change from Louisville, Kentucky to Chicago took effect at the company’s 2008 annual meeting of shareholders. The Company's Chicago employees will be based in its offices in Chicago's central business district.
"As a $10 billion NYSE-listed real estate investment trust with assets in two countries and 43 states, we believe that identifying Chicago as our headquarters will provide the Company with increased visibility and access to the city's robust real estate community, including other REITs, private real estate companies and real estate investors important to our success," Ventas Chairman, President and Chief Executive Officer Debra A. Cafaro said. "We look forward to becoming active members of the Chicago business community."
"We're delighted that Ventas selected Chicago for its corporate headquarters and welcome the Company to our vibrant and highly-engaged business community," said Rita Athas, Executive Director of World Business Chicago. "Companies that have moved their headquarters here cite numerous business advantages to locating in Chicago, including our strong pro-business environment, talented workforce and convenient access to North American and global markets. A company as strong as Ventas with a demonstrated track record of success is an excellent addition to our corporate community."
Ventas, Inc. is a leading healthcare real estate investment trust. Its diverse portfolio of properties located in 43 states and two Canadian provinces includes senior housing communities, skilled nursing facilities, hospitals and medical office and other properties. More information about Ventas can be found on its website at www.ventasreit.com.