NEW YORK: Ventas, Inc. and American Realty Capital Healthcare Trust have completed the previously announced acquisition of HCT.
The completion was announced by Ventas Chairman and Chief Executive Officer Debra A. Cafaro.
Ventas now has a total of approximately 330.7 million shares of common stock outstanding, including shares sold but not yet settled. In December 2014 and January 2015, Ventas raised approximately $536 million in gross proceeds through the issuance of approximately 7.1 million shares under the Company’s at-the-market equity program to fund additional closed and pending investments unrelated to HCT totaling approximately $1 billion.
Ventas, Inc. is a real estate investment trust, with over 1,600 assets in the United States, Canada and the United Kingdom consisting of seniors housing communities, medical office buildings, skilled nursing facilities and hospitals…