CHICAGO: Ventas, Inc. (VTR), the Chicago, IL-based real estate investment trust (“REIT”) has announced the pricing of a public offering of $900 million aggregate senior notes. The company intends to utilize the net proceeds for repaying outstanding debt under the unsecured revolving credit facility, meeting Read More »
Fitch rates Ventas Realty’s seniors notes BBB+
NEW YORK: Fitch Ratings has assigned a credit rating of ‘BBB+’ to the following notes issued by Ventas Realty, Limited Partnership (Ventas Realty), a subsidiary of Ventas, Inc. (VTR):
–$600 million aggregate principal amount of 3.50% senior unsecured notes due 2025; Read More »
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Retirement community developer to sell apartments with gardening allotment
WASHINGTON, D.C.: A retirement community developer is to sell the ‘right to occupy’ both an apartment and a gardening allotment.
The move is a recognition of both the popularity and therapeutic value of gardening. Read More »
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Government calls for social housing innovation
BALTIMORE: The social housing sector suffers from resource constraints, dwelling under-occupancy, rising maintenance costs and indifferent management.
A ‘quiet’ report recommends the development of clearer direction for delivering sustainable special housing needs and Read More »
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