Ventas transaction makes largest healthcare REIT and Senior Housing Owner

By purchasing its biggest rival, Nationwide Health Properties, for $7.4 billion, Ventas will create the largest healthcare real estate investment trust (REIT) in the nation and will become the largest owner of senior housing in the U.S., the company boasted Feb. 28. The massive new entity is valued at $23 billion and will own more than 1,300 facilities in 47 states, covering a whopping 14 million square feet of medical office space.

Read more: Ventas Healthcare gets jump on medical-office, senior-housing boom – FierceHealthcare

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