Ventas began strengthening balance sheet early

10/7/2009 | Fox Business

Ventas Chairwoman and CEO Debra Cafaro told Fox Business her management team "saw cracks forming" in the commercial real estate market early in the downturn and took steps to strengthen the health care REIT's balance sheet. Beginning in the second quarter of 2007, Ventas has raised more than $2 billion of mostly equity capital to date. Since March, Ventas' share price has doubled. "People have started to differentiate REITs with good balance sheets and need-driven businesses," Cafaro said.

View Full Article in:

Fox Business

Published in Brief: