Ventas (VTR) has entered into agreements with Kindred Healthcare, LLC and its parent companies, including regarding the 23 long term acute care hospitals whose lease term is scheduled to mature on April 30, 2025 under the existing Master Lease between Ventas and Kindred. The initial annualized cash contractual base rent for the LTACs will be $80 million starting May 1, 2025. Kindred has agreed to pay full contractual cash rent through April 2025 on the LTACs.
Ventas has acquired the real estate and related property of five performing LTAC assets for a gross purchase price of $189 million. The assets will continue to be operated by Kindred.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.