Ventas to Sell 5.56M Shares

Ventas, Inc. VTR announced today that it has agreed to sell 5,563,000 shares of its common stock to UBS Investment Bank, as sole underwriter, in an underwritten public offering. The last reported sales price of the Company's common stock on the New York Stock Exchange on January 31, 2011 was $55.46. The Company intends to use the net proceeds to repay existing mortgage debt and for working capital and other general corporate purposes, including to fund future acquisitions or investments, if any. Completion of the offering is subject to customary closing conditions.