Ventas Expects $300M in Senior Housing Investments in First Half 2024

In its 2023 Q4 earnings report last week, Ventas didn’t meet expectations — a lost of $0.23 per share for the quarter rather than the $0.164 analysts projected, according to Business Insider. And the annual loss was $0.10 per share, higher than the expected $0.04.

But the company emphasized the way forward. “We expect unprecedented demand for senior housing in 2024 and subsequent years because of the rapidly growing senior population and the value our communities provide to residents and their families,” said Debra Cafaro, chairman and chief executive officer, in prepared remarks. “Accelerating demographic demand is driving advantaged growth from our portfolio. We are optimistic about the future and committed to delivering continued strong performance and value for shareholders while enabling exceptional environments that benefit the large and growing aging population.”