(Mark One) | |||||||||||||||||||||||
☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | ||||||||||||||||||||||
For the year ended December 31, 2020 | |||||||||||||||||||||||
OR | |||||||||||||||||||||||
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE | ||||||||||||||||||||||
ACT OF 1934 FOR THE TRANSITION PERIOD FROM | TO |
Delaware | 61-1055020 | |||||||
(State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) |
Trading Symbol | Title of Each Class | Name of Exchange on Which Registered | ||||||||||||
VTR | Common Stock, $0.25 par value | New York Stock Exchange |
Large accelerated filer | ☒ | Accelerated filer |
¨
|
Non-accelerated filer
|
☐ | ||||||||||||||||||
Smaller reporting company | ☐ | Emerging growth company | ☐ |
Item 1. | ||||||||
Item 1A. | ||||||||
Item 1B. | ||||||||
Item 2. | ||||||||
Item 3. | ||||||||
Item 4. | ||||||||
Item 5. | ||||||||
Item 6. | ||||||||
Item 7. | ||||||||
Item 7A. | ||||||||
Item 8. | ||||||||
Item 9. | ||||||||
Item 9A. | ||||||||
Item 9B. | ||||||||
Item 10. | ||||||||
Item 11. | ||||||||
Item 12. | ||||||||
Item 13. | ||||||||
Item 14. | ||||||||
Item 15. | ||||||||
Item 16. |
Real Estate Property Investments | Revenues | |||||||||||||||||||||||||||||||||||||||||||
Asset Type |
# of
Properties (1)
|
# of Units/
Sq. Ft./ Beds(2)
|
Real Estate Property Investment, at Cost |
Percent of
Total Real Estate Property Investments |
Real Estate
Property Investment Per Unit/Bed/Sq. Ft. |
Revenue | Percent of Total Revenues | |||||||||||||||||||||||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||||||||||||||||||||||||||
Senior housing communities | 730 | 71,629 | $18,313,746 | 64.4 | % | $ | 255.7 | $2,589,991 | 68.4 | % | ||||||||||||||||||||||||||||||||||
MOBs(3)
|
343 | 19,591,131 | 5,704,700 | 20.1 | 0.3 | 597,229 | 15.7 | |||||||||||||||||||||||||||||||||||||
Research and innovation centers | 31 | 5,451,703 | 2,031,666 | 7.1 | 0.4 | 216,624 | 5.7 | |||||||||||||||||||||||||||||||||||||
IRFs and LTACs
|
37 | 3,139 | 496,259 | 1.7 | 158.1 | 164,239 | 4.3 | |||||||||||||||||||||||||||||||||||||
Health systems | 13 | 2,064 | 1,522,287 | 5.4 | 737.5 | 121,179 | 3.2 | |||||||||||||||||||||||||||||||||||||
SNFs | 16 | 1,732 | 193,808 | 0.7 | 111.9 | 17,011 | 0.4 | |||||||||||||||||||||||||||||||||||||
Development properties and other | 10 | 165,234 | 0.6 | |||||||||||||||||||||||||||||||||||||||||
Total real estate investments, at cost | 1,180 | $ | 28,427,700 | 100.0 | % | |||||||||||||||||||||||||||||||||||||||
Income from loans and investments
|
80,505 | 2.1 | ||||||||||||||||||||||||||||||||||||||||||
Interest and other income | 7,609 | 0.2 | ||||||||||||||||||||||||||||||||||||||||||
Revenues related to assets classified as held for sale
|
2 | 970 | 0.0 | |||||||||||||||||||||||||||||||||||||||||
Total revenues | $ | 3,795,357 | 100.0 | % |
Number of
Properties Leased or Managed |
Percent of Total Real Estate Investments (1)
|
Percent of Total Revenues | Percent of NOI | ||||||||||||||||||||
Senior Living Operations | 432 | 47.9 | % | 58.0 | % | 29.4 | % | ||||||||||||||||
Brookdale Senior Living (2)
|
121 | 8.2 | 4.4 | 9.0 | |||||||||||||||||||
Ardent | 12 | 4.9 | 3.2 | 6.6 | |||||||||||||||||||
Kindred | 32 | 1.1 | 3.5 | 7.1 |
Senior Housing
Communities |
SNFs | MOBs | Research and Innovation Centers | IRFs and LTACs | Health Systems | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Geographic Location |
# of
Properties |
Units | # of Properties | Licensed Beds | # of Properties |
Square Feet(1)
|
# of Properties |
Square Feet(1)
|
# of Properties | Licensed Beds | # of Properties | Licensed Beds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Alabama | 5 | 324 | — | — | 4 | 469 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Arkansas | 4 | 302 | — | — | 1 | 5 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Arizona | 26 | 2,256 | — | — | 15 | 962 | 1 | 227 | 1 | 60 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
California | 84 | 9,494 | — | — | 30 | 2,491 | 3 | 784 | 6 | 503 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Colorado | 15 | 1,257 | 1 | 82 | 13 | 896 | — | — | 1 | 68 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Connecticut | 13 | 1,587 | — | — | — | — | 2 | 1,032 | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
District of Columbia | — | — | — | — | 2 | 102 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Florida | 46 | 4,561 | — | — | 11 | 223 | 1 | 252 | 6 | 508 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Georgia | 19 | 1,695 | — | — | 14 | 1,187 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Idaho | 1 | 70 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Illinois | 25 | 2,955 | 1 | 82 | 35 | 1,424 | 1 | 129 | 4 | 430 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Indiana | 5 | 402 | — | — | 23 | 1,603 | — | — | 1 | 59 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kansas | 8 | 515 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kentucky | 9 | 805 | — | — | 3 | 120 | — | — | 1 | 384 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Louisiana | 1 | 58 | — | — | 5 | 362 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Massachusetts | 15 | 1,838 | — | — | — | — | 1 | 78 | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maryland | 5 | 352 | — | — | 2 | 83 | 5 | 467 | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maine | 6 | 452 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Michigan | 21 | 1,345 | — | — | 13 | 589 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Minnesota | 14 | 856 | — | — | 4 | 241 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Missouri | 2 | 154 | — | — | 21 | 1,168 | 5 | 818 | 1 | 60 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mississippi | — | — | — | — | 1 | 51 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Montana | 3 | 222 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
North Carolina | 22 | 1,666 | — | — | 17 | 831 | 10 | 1,712 | 1 | 124 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
North Dakota | 2 | 115 | — | — | 1 | 114 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Nebraska | 1 | 133 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Hampshire | 1 | 126 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Jersey | 14 | 1,301 | 1 | 153 | 3 | 37 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Mexico | 4 | 451 | — | — | — | — | — | — | 2 | 123 | 4 | 544 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Nevada | 3 | 326 | — | — | 5 | 416 | — | — | 1 | 52 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New York | 41 | 4,729 | — | — | 4 | 244 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ohio | 24 | 1,664 | — | — | 28 | 1,226 | — | — | 1 | 50 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Oklahoma | 7 | 439 | — | — | 1 | 80 | — | — | — | — | 4 | 954 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Oregon | 23 | 2,109 | — | — | 1 | 105 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Pennsylvania | 31 | 2,326 | 4 | 620 | 9 | 713 | 5 | 953 | 1 | 52 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Rhode Island | 4 | 399 | — | — | — | — | 3 | 580 | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
South Carolina | 6 | 494 | — | — | 20 | 1,093 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
South Dakota | 4 | 182 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tennessee | 17 | 1,247 | — | — | 7 | 278 | — | — | 1 | 49 | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Texas | 45 | 3,588 | — | — | 16 | 837 | — | — | 9 | 617 | 2 | 445 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Utah | 3 | 321 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Virginia | 8 | 655 | — | — | 5 | 231 | 3 | 453 | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Washington | 19 | 1,909 | 5 | 469 | 10 | 579 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Wisconsin | 45 | 2,218 | — | — | 21 | 1,105 | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
West Virginia | 2 | 123 | 4 | 326 | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Wyoming | 2 | 169 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total U.S.
|
655 | 58,190 | 16 | 1,732 | 345 | 19,860 | 40 | 7,487 | 37 | 3,139 | 10 | 1,943 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Canada | 74 | 13,943 | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United Kingdom
|
12 | 776 | — | — | — | — | — | — | — | — | 3 | 121 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total
|
741 | 72,909 | 16 | 1,732 | 345 | 19,860 | 40 | 7,487 | 37 | 3,139 | 13 | 2,064 |
Number of Shares
Repurchased (1)
|
Average Price
Per Share |
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number (or Approximate Dollar Value) of Shares that May Yet be Purchased Under the Plans or Programs | ||||||||||||||||||||
October 1 through October 31 | 158 | $ | 42.19 | — | — | ||||||||||||||||||
November 1 through November 30 | 138 | 46.52 | — | — | |||||||||||||||||||
December 1 through December 31 | 226 | 48.79 | — | — | |||||||||||||||||||
Total | 522 | $ | 46.19 | — | — |
12/31/2015 | 12/31/2016 | 12/31/2017 | 12/31/2018 | 12/31/2019 | 12/31/2020 | ||||||||||||||||||||||||||||||
Ventas | $ | 100 | $ | 116 | $ | 117 | $ | 121 | $ | 125 | $ | 113 | |||||||||||||||||||||||
NYSE Composite Index | $ | 100 | $ | 112 | $ | 133 | $ | 122 | $ | 153 | $ | 164 | |||||||||||||||||||||||
Composite REIT Index | $ | 100 | $ | 109 | $ | 120 | $ | 115 | $ | 147 | $ | 138 | |||||||||||||||||||||||
S&P 500 Index | $ | 100 | $ | 112 | $ | 136 | $ | 130 | $ | 171 | $ | 203 |
As of and For the Years Ended December 31, | |||||||||||||||||||||||||||||
2020 | 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||
(Dollars in thousands, except per share data) | |||||||||||||||||||||||||||||
Operating Data | |||||||||||||||||||||||||||||
Rental income | $ | 1,494,892 | $ | 1,609,876 | $ | 1,513,807 | $ | 1,593,598 | $ | 1,476,176 | |||||||||||||||||||
Resident fees and services | 2,197,160 | 2,151,533 | 2,069,477 | 1,843,232 | 1,847,306 | ||||||||||||||||||||||||
Interest expense | 469,541 | 451,662 | 442,497 | 448,196 | 419,740 | ||||||||||||||||||||||||
Property-level operating expenses | 1,937,443 | 1,808,208 | 1,689,880 | 1,483,072 | 1,434,762 | ||||||||||||||||||||||||
General, administrative and professional fees
|
130,158 | 158,726 | 145,978 | 135,490 | 126,875 | ||||||||||||||||||||||||
Income from continuing operations
|
441,185 | 439,297 | 415,991 | 1,361,222 | 652,412 | ||||||||||||||||||||||||
Net income attributable to common stockholders
|
439,149 | 433,016 | 409,467 | 1,356,470 | 649,231 | ||||||||||||||||||||||||
Per Share Data | |||||||||||||||||||||||||||||
Income from continuing operations:
|
|||||||||||||||||||||||||||||
Basic
|
$ | 1.18 | $ | 1.20 | $ | 1.17 | $ | 3.83 | $ | 1.89 | |||||||||||||||||||
Diluted
|
$ | 1.17 | $ | 1.19 | $ | 1.16 | $ | 3.80 | $ | 1.87 | |||||||||||||||||||
Net income attributable to common stockholders:
|
|||||||||||||||||||||||||||||
Basic
|
$ | 1.18 | $ | 1.18 | $ | 1.15 | $ | 3.82 | $ | 1.88 | |||||||||||||||||||
Diluted
|
$ | 1.17 | $ | 1.17 | $ | 1.14 | $ | 3.78 | $ | 1.86 | |||||||||||||||||||
Cash dividends declared per common share | $ | 2.143 | $ | 3.170 | $ | 3.163 | $ | 3.115 | $ | 2.965 | |||||||||||||||||||
Other Data | |||||||||||||||||||||||||||||
Net cash provided by operating activities
|
$ | 1,450,176 | $ | 1,437,783 | $ | 1,381,467 | $ | 1,428,752 | $ | 1,354,702 | |||||||||||||||||||
Net cash provided by (used in) investing activities | 154,295 | (1,585,299) | 324,496 | (937,107) | (1,214,280) | ||||||||||||||||||||||||
Net cash (used in) provided by financing activities | (1,300,021) | 160,674 | (1,761,937) | (671,327) | 96,838 | ||||||||||||||||||||||||
FFO attributable to common stockholders(1)
|
1,269,255 | 1,436,049 | 1,308,149 | 1,512,885 | 1,440,544 | ||||||||||||||||||||||||
Normalized FFO attributable to common stockholders (1)
|
1,249,972 | 1,423,047 | 1,462,055 | 1,491,241 | 1,438,643 | ||||||||||||||||||||||||
Balance Sheet Data | |||||||||||||||||||||||||||||
Real estate property, gross | $ | 28,427,700 | $ | 28,826,816 | $ | 26,476,938 | $ | 26,260,553 | $ | 25,380,524 | |||||||||||||||||||
Cash and cash equivalents | 413,327 | 106,363 | 72,277 | 81,355 | 286,707 | ||||||||||||||||||||||||
Total assets | 23,929,404 | 24,692,208 | 22,584,555 | 23,954,541 | 23,166,600 | ||||||||||||||||||||||||
Senior notes payable and other debt | 11,895,412 | 12,158,773 | 10,733,699 | 11,276,062 | 11,127,326 |
For the Years Ended
December 31, |
(Decrease) Increase to Net Income | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Segment NOI: | |||||||||||||||||||||||
Triple-net leased properties | $ | 673,105 | $ | 754,337 | $ | (81,232) | (10.8 | %) | |||||||||||||||
Senior living operations | 538,489 | 630,135 | (91,646) | (14.5) | |||||||||||||||||||
Office operations | 549,375 | 574,157 | (24,782) | (4.3) | |||||||||||||||||||
All other | 87,021 | 92,610 | (5,589) | (6.0) | |||||||||||||||||||
Total segment NOI | 1,847,990 | 2,051,239 | (203,249) | (9.9) | |||||||||||||||||||
Interest and other income | 7,609 | 10,984 | (3,375) | (30.7) | |||||||||||||||||||
Interest expense | (469,541) | (451,662) | (17,879) | (4.0) | |||||||||||||||||||
Depreciation and amortization | (1,109,763) | (1,045,620) | (64,143) | (6.1) | |||||||||||||||||||
General, administrative and professional fees | (130,158) | (158,726) | 28,568 | 18.0 | |||||||||||||||||||
Loss on extinguishment of debt, net | (10,791) | (41,900) | 31,109 | 74.2 | |||||||||||||||||||
Merger-related expenses and deal costs | (29,812) | (15,235) | (14,577) | (95.7) | |||||||||||||||||||
Allowance on loans receivable and investments | (24,238) | — | (24,238) | nm | |||||||||||||||||||
Other | (707) | 10,339 | (11,046) | nm | |||||||||||||||||||
Income before unconsolidated entities, real estate dispositions, income taxes, discontinued operations and noncontrolling interests
|
80,589 | 359,419 | (278,830) | (77.6) | |||||||||||||||||||
Income (loss) from unconsolidated entities | 1,844 | (2,454) | 4,298 | nm | |||||||||||||||||||
Gain on real estate dispositions | 262,218 | 26,022 | 236,196 | nm | |||||||||||||||||||
Income tax benefit | 96,534 | 56,310 | 40,224 | 71.4 | |||||||||||||||||||
Income from continuing operations | 441,185 | 439,297 | 1,888 | 0.4 | |||||||||||||||||||
Discontinued operations | — | — | — | nm | |||||||||||||||||||
Net income | 441,185 | 439,297 | 1,888 | 0.4 | |||||||||||||||||||
Net income attributable to noncontrolling interests
|
2,036 | 6,281 | 4,245 | 67.6 | |||||||||||||||||||
Net income attributable to common stockholders | $ | 439,149 | $ | 433,016 | 6,133 | 1.4 |
For the Years Ended
December 31, |
(Decrease) Increase to Segment NOI | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Segment NOI—Triple-Net Leased Properties: | |||||||||||||||||||||||
Rental income | $ | 695,265 | $ | 780,898 | $ | (85,633) | (11.0 | %) | |||||||||||||||
Less: Property-level operating expenses | (22,160) | (26,561) | 4,401 | 16.6 | |||||||||||||||||||
Segment NOI | $ | 673,105 | $ | 754,337 | (81,232) | (10.8) |
Number of Properties at December 31, 2020 | Average Occupancy for the Trailing 12 Months Ended September 30, 2020 | Number of Properties at December 31, 2019 | Average Occupancy for the Trailing 12 Months Ended September 30, 2019 | |||||||||||||||||||||||
Senior housing communities | 290 | 82.1 | % | 326 | 86.0 | % | ||||||||||||||||||||
Skilled nursing facilities (“SNFs”) | 16 | 82.9 | 16 | 87.3 | ||||||||||||||||||||||
IRFs and LTACs | 35 | 55.7 | 36 | 53.6 |
For the Years Ended
December 31, |
(Decrease) Increase to Segment NOI | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Same-Store Segment NOI—Triple-Net Leased Properties:
|
|||||||||||||||||||||||
Rental income | $ | 601,195 | $ | 669,510 | $ | (68,315) | (10.2 | %) | |||||||||||||||
Less: Property-level operating expenses | (19,166) | (19,198) | 32 | 0.2 | |||||||||||||||||||
Segment NOI | $ | 582,029 | $ | 650,312 | (68,283) | (10.5) |
For the Years Ended
December 31, |
Increase (Decrease) to Segment NOI | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Segment NOI—Senior Living Operations: | |||||||||||||||||||||||
Resident fees and services | $ | 2,197,160 | $ | 2,151,533 | $ | 45,627 | 2.1 | % | |||||||||||||||
Less: Property-level operating expenses | (1,658,671) | (1,521,398) | (137,273) | (9.0) | |||||||||||||||||||
Segment NOI | $ | 538,489 | $ | 630,135 | (91,646) | (14.5) |
Number of
Properties at December 31, |
Average Unit
Occupancy for the Years Ended December 31, |
Average Monthly Revenue Per Occupied Room for
the Years Ended December 31, |
|||||||||||||||||||||||||||||||||
2020 | 2019 | 2020 | 2019 | 2020 | 2019 | ||||||||||||||||||||||||||||||
Total communities | 432 | 401 | 81.7 | % | 86.6 | % | $ | 4,766 | $ | 5,451 |
For the Years Ended
December 31, |
(Decrease) Increase to Segment NOI | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Same-Store Segment NOI—Senior Living Operations:
|
|||||||||||||||||||||||
Resident fees and services | $ | 1,796,135 | $ | 1,967,402 | $ | (171,267) | (8.7 | %) | |||||||||||||||
Less: Property-level operating expenses | (1,385,316) | (1,376,587) | (8,729) | (0.6) | |||||||||||||||||||
Segment NOI | $ | 410,819 | $ | 590,815 | (179,996) | (30.5) |
For the Years Ended
December 31, |
(Decrease) Increase to Segment NOI | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Segment NOI—Office Operations: | |||||||||||||||||||||||
Rental income | $ | 799,627 | $ | 828,978 | $ | (29,351) | (3.5 | %) | |||||||||||||||
Office building services revenue | 8,675 | 7,747 | 928 | 12.0 | |||||||||||||||||||
Total revenues | 808,302 | 836,725 | (28,423) | (3.4) | |||||||||||||||||||
Less: | |||||||||||||||||||||||
Property-level operating expenses | (256,612) | (260,249) | 3,637 | 1.4 | |||||||||||||||||||
Office building services costs | (2,315) | (2,319) | 4 | 0.2 | |||||||||||||||||||
Segment NOI | $ | 549,375 | $ | 574,157 | (24,782) | (4.3) |
Number of
Properties at December 31, |
Occupancy at
December 31, |
Annualized Average Rent Per Occupied Square Foot for the Years Ended December 31, | |||||||||||||||||||||||||||||||||
2020 | 2019 | 2020 | 2019 | 2020 | 2019 | ||||||||||||||||||||||||||||||
Total office buildings | 374 | 382 | 89.7 | % | 90.3 | % | $ | 34 | $ | 34 |
For the Years Ended
December 31, |
Increase (Decrease) to Segment NOI | ||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Same-Store Segment NOI—Office Operations:
|
|||||||||||||||||||||||
Rental income | $ | 743,563 | $ | 733,482 | $ | 10,081 | 1.4 | % | |||||||||||||||
Less: Property-level operating expenses | (235,789) | (231,946) | (3,843) | (1.7) | |||||||||||||||||||
Segment NOI | $ | 507,774 | $ | 501,536 | 6,238 | 1.2 |
Number of
Properties at December 31, |
Occupancy at
December 31, |
Annualized Average Rent Per Occupied Square Foot for the Years Ended December 31, | |||||||||||||||||||||||||||||||||
2020 | 2019 | 2020 | 2019 | 2020 | 2019 | ||||||||||||||||||||||||||||||
Same-store office buildings | 355 | 355 | 91.3 | % | 92.2 | % | $ | 34 | $ | 33 |
For the Years Ended December 31, | |||||||||||||||||||||||||||||
2020 | 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Net income attributable to common stockholders
|
$ | 439,149 | $ | 433,016 | $ | 409,467 | $ | 1,356,470 | $ | 649,231 | |||||||||||||||||||
Adjustments: | |||||||||||||||||||||||||||||
Real estate depreciation and amortization
|
1,104,114 | 1,039,550 | 913,537 | 881,088 | 891,985 | ||||||||||||||||||||||||
Real estate depreciation related to noncontrolling interests
|
(16,767) | (9,762) | (6,926) | (7,565) | (7,785) | ||||||||||||||||||||||||
Real estate depreciation related to unconsolidated entities
|
4,986 | 187 | 1,977 | 4,231 | 5,754 | ||||||||||||||||||||||||
Gain on real estate dispositions related to unconsolidated entities | — | (1,263) | (875) | (1,057) | (439) | ||||||||||||||||||||||||
Gain on re-measurement of equity interest upon acquisition, net | — | — | — | (3,027) | — | ||||||||||||||||||||||||
Impairment on equity method investment
|
— | — | 35,708 | — | — | ||||||||||||||||||||||||
(Loss) gain on real estate dispositions related to noncontrolling interests | (9) | 343 | 1,508 | 18 | — | ||||||||||||||||||||||||
Gain on real estate dispositions | (262,218) | (26,022) | (46,247) | (717,273) | (98,203) | ||||||||||||||||||||||||
Discontinued operations: | |||||||||||||||||||||||||||||
Loss on real estate dispositions | — | — | — | — | 1 | ||||||||||||||||||||||||
FFO attributable to common stockholders | 1,269,255 | 1,436,049 | 1,308,149 | 1,512,885 | 1,440,544 | ||||||||||||||||||||||||
Adjustments: | |||||||||||||||||||||||||||||
Change in fair value of financial instruments
|
(21,928) | (78) | (18) | (41) | 62 | ||||||||||||||||||||||||
Non-cash income tax benefit | (98,114) | (58,918) | (18,427) | (22,387) | (34,227) | ||||||||||||||||||||||||
Effect of the 2017 Tax Act
|
— | — | (24,618) | (36,539) | — | ||||||||||||||||||||||||
Loss on extinguishment of debt, net
|
10,791 | 41,900 | 63,073 | 839 | 2,779 | ||||||||||||||||||||||||
Gain on non-real estate dispositions related to unconsolidated entities | (597) | (18) | (2) | (39) | (557) | ||||||||||||||||||||||||
Merger-related expenses, deal costs and re-audit costs
|
34,690 | 18,208 | 38,145 | 14,823 | 28,290 | ||||||||||||||||||||||||
Amortization of other intangibles | 472 | 484 | 759 | 1,458 | 1,752 | ||||||||||||||||||||||||
Other items related to unconsolidated entities
|
(614) | 3,291 | 5,035 | 3,188 | — | ||||||||||||||||||||||||
Non-cash impact of changes to equity plan
|
(452) | 7,812 | 4,830 | 5,453 | — | ||||||||||||||||||||||||
Non-cash charges related to lease terminations
|
— | — | 21,299 | — | — | ||||||||||||||||||||||||
Natural disaster expenses (recoveries), net | 1,247 | (25,683) | 63,830 | 11,601 | — | ||||||||||||||||||||||||
Impact of Holiday lease termination | (50,184) | — | — | — | — | ||||||||||||||||||||||||
Write-off of straight-line rental income, net of noncontrolling interests | 70,863 | — | — | — | — | ||||||||||||||||||||||||
Allowance on loan investments and impairment of unconsolidated entities, net of noncontrolling interests | 34,543 | — | — | — | — | ||||||||||||||||||||||||
Normalized FFO attributable to common stockholders | $ | 1,249,972 | $ | 1,423,047 | $ | 1,462,055 | $ | 1,491,241 | $ | 1,438,643 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Net income attributable to common stockholders | $ | 439,149 | $ | 433,016 | $ | 409,467 | |||||||||||
Adjustments: | |||||||||||||||||
Interest | 469,541 | 451,662 | 442,497 | ||||||||||||||
Loss on extinguishment of debt, net | 10,791 | 41,900 | 58,254 | ||||||||||||||
Taxes (including amounts in general, administrative and professional fees)
|
(91,389) | (52,677) | (37,230) | ||||||||||||||
Depreciation and amortization | 1,109,763 | 1,045,620 | 919,639 | ||||||||||||||
Non-cash stock-based compensation expense | 21,487 | 33,923 | 29,963 | ||||||||||||||
Merger-related expenses, deal costs and re-audit costs | 29,811 | 15,246 | 33,608 | ||||||||||||||
Net income attributable to noncontrolling interests, adjusted for partners’ share of consolidated entity EBITDA | (24,381) | (16,396) | (10,420) | ||||||||||||||
Loss from unconsolidated entities, adjusted for Ventas share of EBITDA from unconsolidated entities | 59,631 | 32,462 | 86,278 | ||||||||||||||
Gain on real estate dispositions | (262,218) | (26,022) | (46,247) | ||||||||||||||
Unrealized foreign currency (gains) losses | (439) | (1,061) | 138 | ||||||||||||||
Changes in fair value of financial instruments | (21,928) | (104) | (54) | ||||||||||||||
Non-cash charges related to lease terminations | — | — | 21,299 | ||||||||||||||
Natural disaster expenses (recoveries), net | 1,203 | (25,981) | 54,684 | ||||||||||||||
Write-off of straight-line rental income from Holiday lease termination | 49,611 | — | — | ||||||||||||||
Write-off of straight-line rental income, net of noncontrolling interests | 70,863 | — | — | ||||||||||||||
Allowance on loan investments and impairment of unconsolidated entities, net of noncontrolling interests | 23,879 | — | — | — | |||||||||||||
Adjusted EBITDA | $ | 1,885,374 | $ | 1,931,588 | $ | 1,961,876 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Net income attributable to common stockholders | $ | 439,149 | $ | 433,016 | $ | 409,467 | |||||||||||
Adjustments: | |||||||||||||||||
Interest and other income | (7,609) | (10,984) | (24,892) | ||||||||||||||
Interest expense | 469,541 | 451,662 | 442,497 | ||||||||||||||
Depreciation and amortization | 1,109,763 | 1,045,620 | 919,639 | ||||||||||||||
General, administrative and professional fees | 130,158 | 158,726 | 145,978 | ||||||||||||||
Loss on extinguishment of debt, net | 10,791 | 41,900 | 58,254 | ||||||||||||||
Merger-related expenses and deal costs | 29,812 | 15,235 | 30,547 | ||||||||||||||
Allowance on loan receivable and investments
|
24,238 | — | — | ||||||||||||||
Discontinued operations | — | — | 10 | ||||||||||||||
Other | 707 | (10,339) | 72,772 | ||||||||||||||
Net income attributable to noncontrolling interests | 2,036 | 6,281 | 6,514 | ||||||||||||||
(Income) loss from unconsolidated entities | (1,844) | 2,454 | 55,034 | ||||||||||||||
Income tax benefit | (96,534) | (56,310) | (39,953) | ||||||||||||||
Gain on real estate dispositions | (262,218) | (26,022) | (46,247) | ||||||||||||||
NOI | $ | 1,847,990 | $ | 2,051,239 | $ | 2,029,620 |
As of December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(Dollars in thousands) | |||||||||||||||||
Balance: | |||||||||||||||||
Fixed rate: | |||||||||||||||||
Senior notes | $ | 8,869,036 | $ | 8,584,056 | $ | 7,945,598 | |||||||||||
Unsecured term loans | 200,000 | 200,000 | 400,000 | ||||||||||||||
Secured revolving construction credit facility | — | 160,492 | — | ||||||||||||||
Mortgage loans and other | 1,389,227 | 1,325,854 | 698,136 | ||||||||||||||
Variable rate: | |||||||||||||||||
Senior notes | 235,664 | 231,018 | — | ||||||||||||||
Unsecured revolving credit facility | 39,395 | 120,787 | 765,919 | ||||||||||||||
Unsecured term loans | 392,773 | 385,030 | 500,000 | ||||||||||||||
Commercial paper notes | — | 567,450 | — | ||||||||||||||
Secured revolving construction credit facility | 154,098 | — | 90,488 | ||||||||||||||
Mortgage loans and other | 702,878 | 671,115 | 429,561 | ||||||||||||||
Total | $ | 11,983,071 | $ | 12,245,802 | $ | 10,829,702 | |||||||||||
Percent of total debt: | |||||||||||||||||
Fixed rate: | |||||||||||||||||
Senior notes | 73.9 | % | 70.1 | % | 73.4 | % | |||||||||||
Unsecured term loans | 1.7 | 1.6 | 3.7 | ||||||||||||||
Secured revolving construction credit facility | — | 1.3 | — | ||||||||||||||
Mortgage loans and other | 11.6 | 10.8 | 6.4 | ||||||||||||||
Variable rate: | |||||||||||||||||
Senior notes | 2.0 | 1.9 | — | ||||||||||||||
Unsecured revolving credit facility | 0.3 | 1.0 | 7.1 | ||||||||||||||
Unsecured term loans | 3.3 | 3.1 | 4.6 | ||||||||||||||
Commercial paper notes | — | 4.7 | — | ||||||||||||||
Secured revolving construction credit facility | 1.3 | — | 0.8 | ||||||||||||||
Mortgage loans and other | 5.9 | 5.5 | 4.0 | ||||||||||||||
Total | 100.0 | % | 100.0 | % | 100.0 | % | |||||||||||
Weighted average interest rate at end of period: | |||||||||||||||||
Fixed rate: | |||||||||||||||||
Senior notes | 3.7 | % | 3.7 | % | 3.8 | % | |||||||||||
Unsecured term loans | 3.6 | 2.0 | 2.8 | ||||||||||||||
Secured revolving construction credit facility | — | 4.5 | — | ||||||||||||||
Mortgage loans and other | 3.5 | 3.7 | 4.4 | ||||||||||||||
Variable rate: | |||||||||||||||||
Senior notes | 1.0 | 2.5 | — | ||||||||||||||
Unsecured revolving credit facility | 1.0 | 2.4 | 3.2 | ||||||||||||||
Unsecured term loans | 1.4 | 2.9 | 3.3 | ||||||||||||||
Commercial paper notes | — | 2.0 | — | ||||||||||||||
Secured revolving construction credit facility | 1.9 | — | 4.1 | ||||||||||||||
Mortgage loans and other | 1.9 | 3.4 | 3.4 | ||||||||||||||
Total | 3.4 | 3.5 | 3.7 |
As of December 31, | |||||||||||
2020 | 2019 | ||||||||||
(In thousands) | |||||||||||
Gross book value | $ | 10,458,262 | $ | 10,270,402 | |||||||
Fair value | 11,550,236 | 10,784,441 | |||||||||
Fair value reflecting change in interest rates: | |||||||||||
-100 basis points | 12,204,507 | 11,438,507 | |||||||||
+100 basis points | 10,951,483 | 10,196,943 |
As of
December 31, |
|||||||||||
2020 | 2019 | ||||||||||
Investment mix by asset type(1):
|
|||||||||||
Senior housing communities | 63.5 | % | 62.2 | % | |||||||
MOBs | 19.7 | 19.3 | |||||||||
Research and innovation centers | 7.1 | 8.7 | |||||||||
Health systems | 5.2 | 5.1 | |||||||||
IRFs and LTACs | 1.7 | 1.6 | |||||||||
SNFs | 0.7 | 0.7 | |||||||||
Secured loans receivable and investments, net | 2.1 | 2.4 | |||||||||
Investment mix by tenant, operator and manager(1):
|
|||||||||||
Atria | 20.8 | % | 20.4 | % | |||||||
Sunrise | 10.4 | 10.3 | |||||||||
Brookdale Senior Living | 8.2 | 7.7 | |||||||||
Ardent | 4.9 | 4.7 | |||||||||
Kindred | 1.1 | 1.0 | |||||||||
All other | 54.6 | 55.9 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
Operations mix by tenant and operator and business model: | |||||||||||||||||
Revenues(1):
|
|||||||||||||||||
Senior living operations | 58.0 | % | 55.8 | % | 55.3 | % | |||||||||||
Brookdale Senior Living(2)
|
4.4 | 4.7 | 4.3 | ||||||||||||||
Ardent | 3.2 | 3.1 | 3.1 | ||||||||||||||
Kindred | 3.5 | 3.3 | 3.5 | ||||||||||||||
All others | 30.9 | 33.1 | 33.8 | ||||||||||||||
Adjusted EBITDA: | |||||||||||||||||
Senior living operations | 30.8 | % | 32.5 | % | 31.3 | % | |||||||||||
Brookdale Senior Living(2)
|
9.5 | 8.1 | 6.7 | ||||||||||||||
Ardent | 7.0 | 5.4 | 5.1 | ||||||||||||||
Kindred | 7.5 | 5.8 | 5.6 | ||||||||||||||
All others | 45.2 | 48.2 | 51.3 | ||||||||||||||
NOI: | |||||||||||||||||
Senior living operations | 29.4 | % | 31.1 | % | 30.7 | % | |||||||||||
Brookdale Senior Living(2)
|
9.0 | 8.7 | 7.6 | ||||||||||||||
Ardent | 6.6 | 5.8 | 5.7 | ||||||||||||||
Kindred | 7.1 | 6.3 | 6.4 | ||||||||||||||
All others | 47.9 | 48.1 | 49.6 | ||||||||||||||
Operations mix by geographic location(3):
|
|||||||||||||||||
California | 15.7 | % | 15.9 | % | 15.7 | % | |||||||||||
New York | 8.1 | 8.8 | 8.4 | ||||||||||||||
Texas | 6.1 | 6.0 | 6.2 | ||||||||||||||
Pennsylvania | 4.6 | 4.7 | 4.6 | ||||||||||||||
Illinois | 4.1 | 4.0 | 4.4 | ||||||||||||||
All others | 61.4 | 60.6 | 60.7 |
Number of
Properties(1)
|
2020 Annualized Base Rent (“ABR”)(2)
|
% of 2020 Total Triple-Net Leased Properties Segment Rental Income | |||||||||||||||
(Dollars in thousands) | |||||||||||||||||
2021 | 9 | $ | 12,062 | 1.7 | % | ||||||||||||
2022 | 8 | 5,799 | 0.8 | ||||||||||||||
2023(3)
|
6 | 31,240 | 4.5 | ||||||||||||||
2024 | 26 | 13,970 | 2.0 | ||||||||||||||
2025 | 179 | 234,549 | 33.7 | ||||||||||||||
2026 | 39 | 53,660 | 7.7 | ||||||||||||||
2027 | 4 | 8,784 | 1.3 | ||||||||||||||
2028 | 27 | 25,196 | 3.6 | ||||||||||||||
2029 | 21 | 22,788 | 3.3 | ||||||||||||||
2030 | 6 | 4,748 | 0.7 |
For the Years Ended
December 31, |
(Decrease) Increase
to Cash |
||||||||||||||||||||||
2020 | 2019 | $ | % | ||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Cash, cash equivalents and restricted cash at beginning of year
|
$ | 146,102 | $ | 131,464 | $ | 14,638 | 11.1 | % | |||||||||||||||
Net cash provided by operating activities | 1,450,176 | 1,437,783 | 12,393 | 0.9 | |||||||||||||||||||
Net cash provided by (used in) investing activities | 154,295 | (1,585,299) | 1,739,594 | nm | |||||||||||||||||||
Net cash (used in) provided by financing activities | (1,300,021) | 160,674 | (1,460,695) | nm | |||||||||||||||||||
Effect of foreign currency translation
|
1,088 | 1,480 | (392) | (26.5) | |||||||||||||||||||
Cash, cash equivalents and restricted cash at end of year | $ | 451,640 | $ | 146,102 | 305,538 | nm |
Total |
Less than 1 year(3)
|
1 - 3 years(4)
|
3 - 5 years(5)
|
More than 5
years(6)
|
|||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Long-term debt obligations (1) (2)
|
$ | 15,107,176 | $ | 1,002,409 | $ | 3,475,813 | $ | 3,794,808 | $ | 6,834,146 | |||||||||||||||||||
Operating obligations, including ground lease obligations
|
726,410 | 26,968 | 43,352 | 36,413 | 619,677 | ||||||||||||||||||||||||
Total | $ | 15,833,586 | $ | 1,029,377 | $ | 3,519,165 | $ | 3,831,221 | $ | 7,453,823 |
As of December 31, 2020 | |||||||||||
Guarantor | Issuer | ||||||||||
(In thousands) | |||||||||||
Assets | |||||||||||
Investment in and advances to affiliates | $ | 16,576,278 | $ | 2,727,931 | |||||||
Total assets | 16,937,149 | 2,844,339 | |||||||||
Liabilities and equity | |||||||||||
Intercompany loans | 10,691,626 | (4,532,350) | |||||||||
Total liabilities | 10,918,320 | 3,577,009 | |||||||||
Redeemable OP unitholder and noncontrolling interests | 89,669 | — | |||||||||
Total equity (deficit) | 5,929,161 | (732,670) | |||||||||
Total liabilities and equity | 16,937,149 | 2,844,339 |
As of December 31, 2019 | |||||||||||
Guarantor | Issuer | ||||||||||
(In thousands) | |||||||||||
Assets | |||||||||||
Investment in and advances to affiliates | $ | 15,774,897 | $ | 2,728,110 | |||||||
Total assets | 15,875,910 | 2,838,270 | |||||||||
Liabilities and equity | |||||||||||
Intercompany loans | 8,789,600 | (5,105,070) | |||||||||
Total liabilities | 9,133,733 | 3,363,067 | |||||||||
Redeemable OP unitholder and noncontrolling interests
|
102,657 | — | |||||||||
Total equity (deficit) | 6,639,520 | (524,797) | |||||||||
Total liabilities and equity | 15,875,910 | 2,838,270 |
For the Year Ended December 31, 2020 | |||||||||||||||||||||||
Guarantor | Issuer | ||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||
Equity earnings in affiliates | $ | 469,311 | $ | — | |||||||||||||||||||
Total revenues | 474,392 | 143,259 | |||||||||||||||||||||
Income (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests | 440,210 | (215,406) | |||||||||||||||||||||
Net income (loss) | 439,149 | (202,845) | |||||||||||||||||||||
Net income (loss) attributable to common stockholders | 439,149 | (202,845) |
For the Year Ended December 31, 2019 | |||||||||||||||||||||||||||||
Guarantor | Issuer | ||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Equity earnings in affiliates | $ | 362,143 | $ | — | |||||||||||||||||||||||||
Total revenues | 366,243 | 142,754 | |||||||||||||||||||||||||||
Income (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests | 432,020 | (246,929) | |||||||||||||||||||||||||||
Net income (loss) | 433,016 | (246,841) | |||||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | 433,016 | (246,841) |
For the Year Ended December 31, 2018 | |||||||||||||||||||||||||||||
Guarantor | Issuer | ||||||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Equity earnings in affiliates | $ | 308,764 | $ | — | |||||||||||||||||||||||||
Total revenues | 335,613 | 139,062 | |||||||||||||||||||||||||||
Income (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests | 400,349 | (269,557) | |||||||||||||||||||||||||||
Net income (loss) | 409,467 | (269,557) | |||||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | 409,467 | (269,557) |
Consolidated Balance Sheets as of December 31, 2020 and 2019
|
|||||
Consolidated Statements of Income for the Years Ended December 31, 2020, 2019 and 2018
|
|||||
Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2020, 2019 and 2018
|
|||||
Consolidated Statements of Equity for the Years Ended December 31, 2020, 2019 and 2018
|
|||||
Consolidated Statements of Cash Flows for the Years Ended December 31, 2020, 2019 and 2018
|
|||||
As of December 31, | |||||||||||
2020 | 2019 | ||||||||||
(In thousands, except per
share amounts) |
|||||||||||
Assets | |||||||||||
Real estate investments: | |||||||||||
Land and improvements | $ | 2,261,415 | $ | 2,285,648 | |||||||
Buildings and improvements | 24,323,279 | 24,386,051 | |||||||||
Construction in progress | 265,748 | 461,815 | |||||||||
Acquired lease intangibles | 1,230,886 | 1,308,077 | |||||||||
Operating lease assets | 346,372 | 385,225 | |||||||||
28,427,700 | 28,826,816 | ||||||||||
Accumulated depreciation and amortization | (7,877,665) | (7,092,243) | |||||||||
Net real estate property | 20,550,035 | 21,734,573 | |||||||||
Secured loans receivable and investments, net | 605,567 | 704,612 | |||||||||
Investments in unconsolidated real estate entities | 443,688 | 45,022 | |||||||||
Net real estate investments | 21,599,290 | 22,484,207 | |||||||||
Cash and cash equivalents | 413,327 | 106,363 | |||||||||
Escrow deposits and restricted cash | 38,313 | 39,739 | |||||||||
Goodwill | 1,051,650 | 1,051,161 | |||||||||
Assets held for sale | 9,608 | 85,527 | |||||||||
Deferred income tax assets, net | 9,987 | 47,495 | |||||||||
Other assets | 807,229 | 877,716 | |||||||||
Total assets | $ | 23,929,404 | $ | 24,692,208 | |||||||
Liabilities and equity | |||||||||||
Liabilities: | |||||||||||
Senior notes payable and other debt | $ | 11,895,412 | $ | 12,158,773 | |||||||
Accrued interest | 111,444 | 111,115 | |||||||||
Operating lease liabilities | 209,917 | 251,196 | |||||||||
Accounts payable and other liabilities | 1,133,066 | 1,145,939 | |||||||||
Liabilities related to assets held for sale | 3,246 | 5,224 | |||||||||
Deferred income tax liabilities | 62,638 | 200,831 | |||||||||
Total liabilities | 13,415,723 | 13,873,078 | |||||||||
Redeemable OP unitholder and noncontrolling interests | 235,490 | 273,678 | |||||||||
Commitments and contingencies | |||||||||||
Equity: | |||||||||||
Ventas stockholders’ equity: | |||||||||||
Preferred stock, $1.00 par value; 10,000 shares authorized, unissued
|
— | — | |||||||||
Common stock, $0.25 par value; 600,000 shares authorized, 374,609 and 372,811 shares issued at December 31, 2020 and 2019, respectively | 93,635 | 93,185 | |||||||||
Capital in excess of par value | 14,171,262 | 14,056,453 | |||||||||
Accumulated other comprehensive loss | (54,354) | (34,564) | |||||||||
Retained earnings (deficit) | (4,030,376) | (3,669,050) | |||||||||
Treasury stock, 0 and 2 shares at December 31, 2020 and 2019, respectively | — | (132) | |||||||||
Total Ventas stockholders’ equity | 10,180,167 | 10,445,892 | |||||||||
Noncontrolling interests | 98,024 | 99,560 | |||||||||
Total equity | 10,278,191 | 10,545,452 | |||||||||
Total liabilities and equity | $ | 23,929,404 | $ | 24,692,208 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands, except per share
amounts) |
|||||||||||||||||
Revenues | |||||||||||||||||
Rental income: | |||||||||||||||||
Triple-net leased | $ | 695,265 | $ | 780,898 | $ | 737,796 | |||||||||||
Office | 799,627 | 828,978 | 776,011 | ||||||||||||||
1,494,892 | 1,609,876 | 1,513,807 | |||||||||||||||
Resident fees and services | 2,197,160 | 2,151,533 | 2,069,477 | ||||||||||||||
Office building and other services revenue | 15,191 | 11,156 | 13,416 | ||||||||||||||
Income from loans and investments | 80,505 | 89,201 | 124,218 | ||||||||||||||
Interest and other income | 7,609 | 10,984 | 24,892 | ||||||||||||||
Total revenues | 3,795,357 | 3,872,750 | 3,745,810 | ||||||||||||||
Expenses | |||||||||||||||||
Interest | 469,541 | 451,662 | 442,497 | ||||||||||||||
Depreciation and amortization | 1,109,763 | 1,045,620 | 919,639 | ||||||||||||||
Property-level operating expenses: | |||||||||||||||||
Senior living | 1,658,671 | 1,521,398 | 1,446,201 | ||||||||||||||
Office | 256,612 | 260,249 | 243,679 | ||||||||||||||
Triple-net leased | 22,160 | 26,561 | — | ||||||||||||||
1,937,443 | 1,808,208 | 1,689,880 | |||||||||||||||
Office building services costs | 2,315 | 2,319 | 1,418 | ||||||||||||||
General, administrative and professional fees | 130,158 | 158,726 | 145,978 | ||||||||||||||
Loss on extinguishment of debt, net | 10,791 | 41,900 | 58,254 | ||||||||||||||
Merger-related expenses and deal costs | 29,812 | 15,235 | 30,547 | ||||||||||||||
Allowance on loans receivable and investments | 24,238 | — | — | ||||||||||||||
Other | 707 | (10,339) | 72,772 | ||||||||||||||
Total expenses | 3,714,768 | 3,513,331 | 3,360,985 | ||||||||||||||
Income before unconsolidated entities, real estate dispositions, income taxes, discontinued operations and noncontrolling interests
|
80,589 | 359,419 | 384,825 | ||||||||||||||
Income (loss) from unconsolidated entities | 1,844 | (2,454) | (55,034) | ||||||||||||||
Gain on real estate dispositions | 262,218 | 26,022 | 46,247 | ||||||||||||||
Income tax benefit | 96,534 | 56,310 | 39,953 | ||||||||||||||
Income from continuing operations | 441,185 | 439,297 | 415,991 | ||||||||||||||
Discontinued operations | — | — | (10) | ||||||||||||||
Net income | 441,185 | 439,297 | 415,981 | ||||||||||||||
Net income attributable to noncontrolling interests
|
2,036 | 6,281 | 6,514 | ||||||||||||||
Net income attributable to common stockholders | $ | 439,149 | $ | 433,016 | $ | 409,467 | |||||||||||
Earnings per common share | |||||||||||||||||
Basic: | |||||||||||||||||
Income from continuing operations
|
$ | 1.18 | $ | 1.20 | $ | 1.17 | |||||||||||
Net income attributable to common stockholders | 1.18 | 1.18 | 1.15 | ||||||||||||||
Diluted: | |||||||||||||||||
Income from continuing operations
|
$ | 1.17 | $ | 1.19 | $ | 1.16 | |||||||||||
Net income attributable to common stockholders | 1.17 | 1.17 | 1.14 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Net income | $ | 441,185 | $ | 439,297 | $ | 415,981 | |||||||||||
Other comprehensive (loss) income: | |||||||||||||||||
Foreign currency translation | 3,254 | 5,729 | (9,436) | ||||||||||||||
Unrealized (loss) gain on available for sale securities | (3,549) | 11,634 | 14,944 | ||||||||||||||
Derivative instruments | (17,918) | (30,814) | 10,030 | ||||||||||||||
Total other comprehensive (loss) income | (18,213) | (13,451) | 15,538 | ||||||||||||||
Comprehensive income | 422,972 | 425,846 | 431,519 | ||||||||||||||
Comprehensive income attributable to noncontrolling interests | 3,613 | 7,649 | 6,514 | ||||||||||||||
Comprehensive income attributable to common stockholders | $ | 419,359 | $ | 418,197 | $ | 425,005 |
Common
Stock Par Value |
Capital in
Excess of Par Value |
Accumulated Other Comprehensive Loss |
Retained
Earnings (Deficit) |
Treasury
Stock |
Total Ventas
Stockholders’ Equity |
Non- controlling
Interests |
Total Equity | ||||||||||||||||||||||||||||||||||||||||
(In thousands, except per share amounts) | |||||||||||||||||||||||||||||||||||||||||||||||
Balance at January 1, 2018 | $ | 89,029 | $ | 13,053,057 | $ | (35,120) | $ | (2,240,698) | $ | (42) | $ | 10,866,226 | $ | 65,959 | $ | 10,932,185 | |||||||||||||||||||||||||||||||
Net income | — | — | — | 409,467 | — | 409,467 | 6,514 | 415,981 | |||||||||||||||||||||||||||||||||||||||
Other comprehensive income | — | — | 15,538 | — | — | 15,538 | — | 15,538 | |||||||||||||||||||||||||||||||||||||||
Net change in noncontrolling interests
|
— | (7,470) | — | — | — | (7,470) | (16,736) | (24,206) | |||||||||||||||||||||||||||||||||||||||
Dividends to common stockholders—$3.1625 per share | — | — | — | (1,129,626) | — | (1,129,626) | — | (1,129,626) | |||||||||||||||||||||||||||||||||||||||
Issuance of common stock for stock plans, restricted stock grants and other | 93 | 34,647 | — | — | (210) | 34,530 | — | 34,530 | |||||||||||||||||||||||||||||||||||||||
Adjust redeemable OP unitholder interests to current fair value
|
— | (3,323) | — | — | — | (3,323) | — | (3,323) | |||||||||||||||||||||||||||||||||||||||
Redemption of OP Units | 3 | (383) | — | — | 252 | (128) | — | (128) | |||||||||||||||||||||||||||||||||||||||
Cumulative effect of change in accounting principles | — | — | — | 30,643 | — | 30,643 | — | 30,643 | |||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2018 | 89,125 | 13,076,528 | (19,582) | (2,930,214) | — | 10,215,857 | 55,737 | 10,271,594 | |||||||||||||||||||||||||||||||||||||||
Net income | — | — | — | 433,016 | — | 433,016 | 6,281 | 439,297 | |||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income | — | — | (14,819) | — | — | (14,819) | 1,368 | (13,451) | |||||||||||||||||||||||||||||||||||||||
Net change in noncontrolling interests | — | (12,332) | — | — | — | (12,332) | 36,174 | 23,842 | |||||||||||||||||||||||||||||||||||||||
Dividends to common stockholders—$3.17 per share | — | — | — | (1,172,653) | — | (1,172,653) | — | (1,172,653) | |||||||||||||||||||||||||||||||||||||||
Issuance of common stock | 3,829 | 938,509 | — | — | — | 942,338 | — | 942,338 | |||||||||||||||||||||||||||||||||||||||
Issuance of common stock for stock plans, restricted stock grants and other | 230 | 61,875 | — | — | (132) | 61,973 | — | 61,973 | |||||||||||||||||||||||||||||||||||||||
Adjust redeemable OP unitholder interests to current fair value | — | (7,388) | — | — | — | (7,388) | — | (7,388) | |||||||||||||||||||||||||||||||||||||||
Redemption of OP Units | 1 | (739) | — | — | — | (738) | — | (738) | |||||||||||||||||||||||||||||||||||||||
Cumulative effect of change in accounting principle | — | — | (163) | 801 | — | 638 | — | 638 | |||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2019 | 93,185 | 14,056,453 | (34,564) | (3,669,050) | (132) | 10,445,892 | 99,560 | 10,545,452 | |||||||||||||||||||||||||||||||||||||||
Net income | — | — | — | 439,149 | — | 439,149 | 2,036 | 441,185 | |||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income | — | — | (19,790) | — | — | (19,790) | 1,577 | (18,213) | |||||||||||||||||||||||||||||||||||||||
Net change in noncontrolling interests
|
— | 8,227 | — | — | — | 8,227 | (5,149) | 3,078 | |||||||||||||||||||||||||||||||||||||||
Dividends to common stockholders—$2.1425 per share | — | — | — | (800,475) | — | (800,475) | — | (800,475) | |||||||||||||||||||||||||||||||||||||||
Issuance of common stock
|
371 | 65,640 | — | — | — | 66,011 | — | 66,011 | |||||||||||||||||||||||||||||||||||||||
Issuance of common stock for stock plans, restricted stock grants and other | 79 | 22,568 | — | — | 132 | 22,779 | — | 22,779 | |||||||||||||||||||||||||||||||||||||||
Adjust redeemable OP unitholder interests to current fair value
|
— | 18,638 | — | — | — | 18,638 | — | 18,638 | |||||||||||||||||||||||||||||||||||||||
Redemption of OP Units | — | (264) | — | — | — | (264) | — | (264) | |||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2020 | $ | 93,635 | $ | 14,171,262 | $ | (54,354) | $ | (4,030,376) | $ | — | $ | 10,180,167 | $ | 98,024 | $ | 10,278,191 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Cash flows from operating activities: | |||||||||||||||||
Net income | $ | 441,185 | $ | 439,297 | $ | 415,981 | |||||||||||
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||
Depreciation and amortization | 1,109,763 | 1,045,620 | 919,639 | ||||||||||||||
Amortization of deferred revenue and lease intangibles, net | (40,856) | (7,967) | (30,660) | ||||||||||||||
Other non-cash amortization | 20,719 | 22,985 | 18,886 | ||||||||||||||
Allowance on loans receivable and investments | 24,238 | — | — | ||||||||||||||
Stock-based compensation | 21,487 | 33,923 | 29,963 | ||||||||||||||
Straight-lining of rental income | 103,082 | (30,073) | 13,396 | ||||||||||||||
Loss on extinguishment of debt, net | 10,791 | 41,900 | 58,254 | ||||||||||||||
Gain on real estate dispositions | (262,218) | (26,022) | (46,247) | ||||||||||||||
Gain on real estate loan investments | (167) | — | (13,202) | ||||||||||||||
Income tax benefit | (101,985) | (58,918) | (43,026) | ||||||||||||||
(Income) loss from unconsolidated entities | (1,832) | 2,464 | 55,034 | ||||||||||||||
Distributions from unconsolidated entities | 4,920 | 1,600 | 2,934 | ||||||||||||||
Real estate impairments related to natural disasters | — | — | 52,510 | ||||||||||||||
Other | (779) | 13,264 | 3,720 | ||||||||||||||
Changes in operating assets and liabilities: | |||||||||||||||||
Increase in other assets | (68,233) | (76,693) | (23,198) | ||||||||||||||
Increase in accrued interest | 276 | 9,737 | 4,992 | ||||||||||||||
Increase (decrease) in accounts payable and other liabilities | 189,785 | 26,666 | (37,509) | ||||||||||||||
Net cash provided by operating activities | 1,450,176 | 1,437,783 | 1,381,467 | ||||||||||||||
Cash flows from investing activities: | |||||||||||||||||
Net investment in real estate property | (78,648) | (958,125) | (265,907) | ||||||||||||||
Investment in loans receivable | (115,163) | (1,258,187) | (229,534) | ||||||||||||||
Proceeds from real estate disposals | 1,044,357 | 147,855 | 353,792 | ||||||||||||||
Proceeds from loans receivable | 119,011 | 1,017,309 | 911,540 | ||||||||||||||
Development project expenditures | (380,413) | (403,923) | (330,876) | ||||||||||||||
Capital expenditures | (148,234) | (156,724) | (131,858) | ||||||||||||||
Distributions from unconsolidated entities | — | 172 | 57,455 | ||||||||||||||
Investment in unconsolidated entities | (286,822) | (3,855) | (47,007) | ||||||||||||||
Insurance proceeds for property damage claims | 207 | 30,179 | 6,891 | ||||||||||||||
Net cash provided by (used in) investing activities | 154,295 | (1,585,299) | 324,496 | ||||||||||||||
Cash flows from financing activities: | |||||||||||||||||
Net change in borrowings under revolving credit facilities | (88,868) | (569,891) | 321,463 | ||||||||||||||
Net change in borrowings under commercial paper program | (565,524) | 565,524 | — | ||||||||||||||
Proceeds from debt | 733,298 | 3,013,191 | 2,549,473 | ||||||||||||||
Repayment of debt | (479,539) | (2,623,916) | (3,465,579) | ||||||||||||||
Purchase of noncontrolling interests | (8,239) | — | (4,724) | ||||||||||||||
Payment of deferred financing costs | (8,379) | (21,403) | (20,612) | ||||||||||||||
Issuance of common stock, net | 55,362 | 942,085 | — | ||||||||||||||
Cash distribution to common stockholders | (928,809) | (1,157,720) | (1,127,143) | ||||||||||||||
Cash distribution to redeemable OP unitholders | (7,283) | (9,218) | (7,459) | ||||||||||||||
Cash issued for redemption of OP Units | (575) | (2,203) | (1,370) | ||||||||||||||
Contributions from noncontrolling interests | 1,314 | 6,282 | 1,883 | ||||||||||||||
Distributions to noncontrolling interests | (12,946) | (9,717) | (11,574) | ||||||||||||||
Proceeds from stock option exercises | 15,103 | 36,179 | 8,762 | ||||||||||||||
Other | (4,936) | (8,519) | (5,057) | ||||||||||||||
Net cash (used in) provided by financing activities | (1,300,021) | 160,674 | (1,761,937) | ||||||||||||||
Net increase (decrease) in cash, cash equivalents and restricted cash | 304,450 | 13,158 | (55,974) | ||||||||||||||
Effect of foreign currency translation | 1,088 | 1,480 | (815) | ||||||||||||||
Cash, cash equivalents and restricted cash at beginning of year | 146,102 | 131,464 | 188,253 | ||||||||||||||
Cash, cash equivalents and restricted cash at end of year | $ | 451,640 | $ | 146,102 | $ | 131,464 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Supplemental disclosure of cash flow information: | |||||||||||||||||
Interest paid including payments and receipts for derivative instruments | $ | 429,636 | $ | 410,854 | $ | 406,907 | |||||||||||
Supplemental schedule of non-cash activities: | |||||||||||||||||
Assets acquired and liabilities assumed from acquisitions and other: | |||||||||||||||||
Real estate investments | $ | 170,484 | $ | 1,057,138 | $ | 94,280 | |||||||||||
Other assets | 1,224 | 11,140 | 5,398 | ||||||||||||||
Debt | 55,368 | 907,746 | 30,508 | ||||||||||||||
Other liabilities | 2,707 | 47,121 | 18,086 | ||||||||||||||
Deferred income tax liability | 337 | 95 | 922 | ||||||||||||||
Noncontrolling interests | 20,259 | 113,316 | 2,591 | ||||||||||||||
Equity issued | — | — | 30,487 | ||||||||||||||
Equity issued for redemption of OP Units | — | 127 | 907 |
December 31, 2020 | December 31, 2019 | |||||||||||||||||||||||||
Total Assets | Total Liabilities | Total Assets | Total Liabilities | |||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||
NHP/PMB L.P. | $ | 649,128 | $ | 238,168 | $ | 666,404 | $ | 244,934 | ||||||||||||||||||
Other identified VIEs | 4,095,102 | 1,653,036 | 4,075,821 | 1,459,830 | ||||||||||||||||||||||
Tax credit VIEs | 614,490 | 204,746 | 845,229 | 333,809 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
Revenues(1):
|
|||||||||||||||||
Brookdale Senior Living(2)
|
4.4 | % | 4.7 | % | 4.3 | % | |||||||||||
Ardent | 3.2 | 3.1 | 3.1 | ||||||||||||||
Kindred | 3.5 | 3.3 | 3.5 | ||||||||||||||
NOI: | |||||||||||||||||
Brookdale Senior Living(2)
|
9.0 | % | 8.7 | % | 7.6 | % | |||||||||||
Ardent | 6.6 | 5.8 | 5.7 | ||||||||||||||
Kindred | 7.1 | 6.3 | 6.4 |
Brookdale Senior Living | Ardent | Kindred | Other | Total | |||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
2021 | $ | 148,454 | $ | 127,505 | $ | 133,824 | $ | 759,135 | $ | 1,168,918 | |||||||||||||||||||
2022 | 148,016 | 127,505 | 133,828 | 680,952 | 1,090,301 | ||||||||||||||||||||||||
2023 | 147,555 | 127,505 | 112,929 | 617,589 | 1,005,578 | ||||||||||||||||||||||||
2024 | 147,090 | 127,505 | 102,479 | 567,525 | 944,599 | ||||||||||||||||||||||||
2025 | 146,612 | 127,505 | 35,412 | 483,069 | 792,598 | ||||||||||||||||||||||||
Thereafter | — | 1,219,450 | 4,228 | 1,787,143 | 3,010,821 | ||||||||||||||||||||||||
Total | $ | 737,727 | $ | 1,856,975 | $ | 522,700 | $ | 4,895,413 | $ | 8,012,815 |
December 31, 2020 | December 31, 2019 | |||||||||||||||||||||||||||||||||||||
Number of Properties Held for Sale | Assets Held for Sale | Liabilities Held for Sale | Number of Properties Held for Sale | Assets Held for Sale | Liabilities Held for Sale | |||||||||||||||||||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||||||||||||||||||||
Triple-net leased properties | 1 | $ | 4,960 | $ | 2,690 | 8 | $ | 62,098 | $ | 1,623 | ||||||||||||||||||||||||||||
Office operations (1)
|
— | 15 | 101 | 1 | 5,177 | 499 | ||||||||||||||||||||||||||||||||
Senior living operations | 1 | 4,633 | 455 | 5 | 18,252 | 3,102 | ||||||||||||||||||||||||||||||||
Total | 2 | $ | 9,608 | $ | 3,246 | 14 | $ | 85,527 | $ | 5,224 |
Amortized Cost | Allowance | Unrealized Gain | Carrying Amount | Fair Value | |||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
As of December 31, 2020: | |||||||||||||||||||||||||||||
Secured/mortgage loans and other, net | $ | 555,840 | $ | — | $ | — | $ | 555,840 | $ | 508,707 | |||||||||||||||||||
Government-sponsored pooled loan investments, net(1)
|
55,154 | (8,846) | 3,419 | 49,727 | 49,727 | ||||||||||||||||||||||||
Total investments reported as secured loans receivable and investments, net
|
610,994 | (8,846) | 3,419 | 605,567 | 558,434 | ||||||||||||||||||||||||
Non-mortgage loans receivable, net | 74,700 | (17,623) | — | 57,077 | 57,009 | ||||||||||||||||||||||||
Marketable debt securities (2)
|
213,334 | — | 24,219 | 237,553 | 237,553 | ||||||||||||||||||||||||
Total loans receivable and investments, net | $ | 899,028 | $ | (26,469) | $ | 27,638 | $ | 900,197 | $ | 852,996 | |||||||||||||||||||
As of December 31, 2019: | |||||||||||||||||||||||||||||
Secured/mortgage loans and other, net | $ | 645,546 | $ | — | $ | — | $ | 645,546 | $ | 646,925 | |||||||||||||||||||
Government-sponsored pooled loan investments, net(1)
|
52,178 | — | 6,888 | 59,066 | 59,066 | ||||||||||||||||||||||||
Total investments reported as secured loans receivable and investments, net
|
697,724 | — | 6,888 | 704,612 | 705,991 | ||||||||||||||||||||||||
Non-mortgage loans receivable, net | 63,724 | — | — | 63,724 | 63,538 | ||||||||||||||||||||||||
Marketable debt securities (2)
|
213,062 | — | 24,298 | 237,360 | 237,360 | ||||||||||||||||||||||||
Total loans receivable and investments, net | $ | 974,510 | $ | — | $ | 31,186 | $ | 1,005,696 | $ | 1,006,889 |
Carrying Amount | ||||||||||||||||||||
As of December 31, | ||||||||||||||||||||
Ownership(1)
|
2020 | 2019 | ||||||||||||||||||
(In thousands) | ||||||||||||||||||||
Investment in unconsolidated real estate entities: | ||||||||||||||||||||
Ventas Life Science & Healthcare Real Estate Fund | 22.9% | $ | 279,983 | $ | — | |||||||||||||||
Pension Fund Joint Venture | 22.8% | 34,690 | 41,739 | |||||||||||||||||
Research & Innovation Development Joint Venture | 50.3% | 123,445 | — | |||||||||||||||||
Ventas Investment Management Platform | 438,118 | 41,739 | ||||||||||||||||||
All other(2)
|
34.0%-50.0%
|
5,570 | 3,283 | |||||||||||||||||
Total investment unconsolidated real estate entities | $ | 443,688 | $ | 45,022 | ||||||||||||||||
(1) The entities in which we have an ownership interest may have less than a 100% interest in the underlying real estate. The ownership percentages in the table reflect Ventas’ interest in the underlying real estate.
|
||||||||||||||||||||
(2) Includes investments in land parcels, parking structures and other de minimis investments in unconsolidated real estate entities.
|
As of December 31, 2020 | As of December 31, 2019 | ||||||||||||||||||||||
Balance |
Remaining
Weighted Average Amortization Period in Years |
Balance |
Remaining
Weighted Average Amortization Period in Years |
||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Intangible assets: | |||||||||||||||||||||||
Above market lease intangibles | $ | 140,096 | 6.4 | $ | 145,891 | 6.9 | |||||||||||||||||
In-place and other lease intangibles | 1,090,790 | 10.7 | 1,162,187 | 10.6 | |||||||||||||||||||
Goodwill | 1,051,650 | N/A | 1,051,161 | N/A | |||||||||||||||||||
Other intangibles | 35,870 | 10.0 | 35,837 | 10.9 | |||||||||||||||||||
Accumulated amortization | (941,462) | N/A | (922,668) | N/A | |||||||||||||||||||
Net intangible assets | $ | 1,376,944 | 10.3 | $ | 1,472,408 | 10.2 | |||||||||||||||||
Intangible liabilities: | |||||||||||||||||||||||
Below market lease intangibles | $ | 339,265 | 14.3 | $ | 349,357 | 14.5 | |||||||||||||||||
Other lease intangibles | 13,498 | N/A | 13,498 | N/A | |||||||||||||||||||
Accumulated amortization | (212,655) | N/A | (203,834) | N/A | |||||||||||||||||||
Purchase option intangibles | 3,568 | N/A | 3,568 | N/A | |||||||||||||||||||
Net intangible liabilities | $ | 143,676 | 14.3 | $ | 162,589 | 14.5 |
Estimated Net Amortization | |||||
(In thousands) | |||||
2021 | $ | 50,421 | |||
2022 | 42,787 | ||||
2023 | 31,343 | ||||
2024 | 16,932 | ||||
2025 | 8,977 |
Goodwill | ||||||||
(In thousands) | ||||||||
Triple-net leased properties | $ | 322,270 | ||||||
Senior living operations | 259,482 | |||||||
Office operations | 469,898 | |||||||
Total goodwill | $ | 1,051,650 |
As of December 31, | |||||||||||
2020 | 2019 | ||||||||||
(In thousands) | |||||||||||
Straight-line rent receivables | $ | 169,711 | $ | 278,833 | |||||||
Non-mortgage loans receivable, net | 57,077 | 63,724 | |||||||||
Stock warrants | 50,098 | — | |||||||||
Marketable debt securities | 237,553 | 237,360 | |||||||||
Other intangibles, net | 4,659 | 5,149 | |||||||||
Investment in unconsolidated operating entities | 63,768 | 59,301 | |||||||||
Other | 224,363 | 233,349 | |||||||||
Total other assets | $ | 807,229 | $ | 877,716 |
As of December 31, | |||||||||||
2020 | 2019 | ||||||||||
(In thousands) | |||||||||||
Unsecured revolving credit facility (1)
|
$ | 39,395 | $ | 120,787 | |||||||
Commercial paper notes | — | 567,450 | |||||||||
Secured revolving construction credit facility due 2022 | 154,098 | 160,492 | |||||||||
Floating Rate Senior Notes, Series F due 2021 (2)
|
235,664 | 231,018 | |||||||||
3.25% Senior Notes due 2022 | 263,687 | 500,000 | |||||||||
3.30% Senior Notes, Series C due 2022 (2)
|
196,386 | 192,515 | |||||||||
Unsecured term loan due 2023 | 200,000 | 200,000 | |||||||||
3.125% Senior Notes due 2023 | 400,000 | 400,000 | |||||||||
3.10% Senior Notes due 2023 | 400,000 | 400,000 | |||||||||
2.55% Senior Notes, Series D due 2023 (2)
|
216,025 | 211,767 | |||||||||
3.50% Senior Notes due 2024 | 400,000 | 400,000 | |||||||||
3.75% Senior Notes due 2024 | 400,000 | 400,000 | |||||||||
4.125% Senior Notes, Series B due 2024 (2)
|
196,386 | 192,515 | |||||||||
2.80% Senior Notes, Series E due 2024 (2)
|
471,328 | 462,036 | |||||||||
Unsecured term loan due 2025 (2)
|
392,773 | 385,030 | |||||||||
3.50% Senior Notes due 2025 | 600,000 | 600,000 | |||||||||
2.65% Senior Notes due 2025 | 450,000 | 450,000 | |||||||||
4.125% Senior Notes due 2026 | 500,000 | 500,000 | |||||||||
3.25% Senior Notes due 2026 | 450,000 | 450,000 | |||||||||
3.85% Senior Notes due 2027 | 400,000 | 400,000 | |||||||||
4.00% Senior Notes due 2028 | 650,000 | 650,000 | |||||||||
4.40% Senior Notes due 2029 | 750,000 | 750,000 | |||||||||
3.00% Senior Notes due 2030 | 650,000 | 650,000 | |||||||||
4.75% Senior Notes due 2030 | 500,000 | — | |||||||||
6.90% Senior Notes due 2037 | 52,400 | 52,400 | |||||||||
6.59% Senior Notes due 2038 | 22,823 | 22,823 | |||||||||
5.70% Senior Notes due 2043 | 300,000 | 300,000 | |||||||||
4.375% Senior Notes due 2045 | 300,000 | 300,000 | |||||||||
4.875% Senior Notes due 2049 | 300,000 | 300,000 | |||||||||
Mortgage loans and other | 2,092,106 | 1,996,969 | |||||||||
Total | 11,983,071 | 12,245,802 | |||||||||
Deferred financing costs, net | (68,343) | (79,939) | |||||||||
Unamortized fair value adjustment | 12,618 | 20,056 | |||||||||
Unamortized discounts | (31,934) | (27,146) | |||||||||
Senior notes payable and other debt | $ | 11,895,412 | $ | 12,158,773 |
Principal Amount
Due at Maturity |
Unsecured Revolving
Credit
Facility and Commercial Paper Notes (1)
|
Scheduled Periodic
Amortization |
Total Maturities | ||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||
2021 | $ | 511,971 | $ | 39,395 | $ | 44,651 | $ | 596,017 | |||||||||||||||
2022 | 1,070,861 | — | 38,602 | 1,109,463 | |||||||||||||||||||
2023 | 1,609,373 | — | 24,821 | 1,634,194 | |||||||||||||||||||
2024 | 1,610,581 | — | 18,587 | 1,629,168 | |||||||||||||||||||
2025 | 1,619,872 | — | 14,894 | 1,634,766 | |||||||||||||||||||
Thereafter | 5,285,913 | — | 93,550 | 5,379,463 | |||||||||||||||||||
Total maturities | $ | 11,708,571 | $ | 39,395 | $ | 235,105 | $ | 11,983,071 |
As of December 31, 2020 | As of December 31, 2019 | ||||||||||||||||||||||
Carrying
Amount |
Fair Value |
Carrying
Amount |
Fair Value | ||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||
Assets: | |||||||||||||||||||||||
Cash and cash equivalents | $ | 413,327 | $ | 413,327 | $ | 106,363 | $ | 106,363 | |||||||||||||||
Escrow deposits and restricted cash | 38,313 | 38,313 | 39,739 | 39,739 | |||||||||||||||||||
Stock warrants | 50,098 | 50,098 | — | — | |||||||||||||||||||
Secured mortgage loans and other, net | 555,840 | 508,707 | 645,546 | 646,925 | |||||||||||||||||||
Non-mortgage loans receivable, net | 57,077 | 57,009 | 63,724 | 63,538 | |||||||||||||||||||
Marketable debt securities | 237,553 | 237,553 | 237,360 | 237,360 | |||||||||||||||||||
Government-sponsored pooled loan investments, net | 49,727 | 49,727 | 59,066 | 59,066 | |||||||||||||||||||
Derivative instruments | 2 | 2 | 738 | 738 | |||||||||||||||||||
Liabilities: | |||||||||||||||||||||||
Senior notes payable and other debt, gross | 11,983,071 | 13,075,337 | 12,245,802 | 12,778,758 | |||||||||||||||||||
Derivative instruments | 28,338 | 28,338 | 12,987 | 12,987 | |||||||||||||||||||
Redeemable OP Units | 145,983 | 145,983 | 171,178 | 171,178 |
Shares (000’s) |
Weighted Average
Exercise Price |
Weighted
Average Remaining Contractual Life (years) |
Intrinsic
Value ($000’s) |
||||||||||||||||||||
Outstanding as of December 31, 2019 | 4,077 | $ | 60.49 | ||||||||||||||||||||
Options granted | — | — | |||||||||||||||||||||
Options exercised | (111) | 45.75 | |||||||||||||||||||||
Options forfeited | (9) | 60.50 | |||||||||||||||||||||
Options expired | (3) | 60.50 | |||||||||||||||||||||
Outstanding as of December 31, 2020 | 3,954 | 60.90 | 4.8 | $ | 462 | ||||||||||||||||||
Exercisable as of December 31, 2020 | 3,954 | 60.90 | 4.8 | $ | 462 |
Restricted
Stock (000’s) |
Weighted
Average Grant Date Fair Value |
Restricted
Stock Units (000’s) |
Weighted
Average Grant Date Fair Value |
||||||||||||||||||||
Nonvested at December 31, 2019 | 248 | $ | 58.21 | 539 | $ | 56.99 | |||||||||||||||||
Granted | 170 | 44.36 | 446 | 59.81 | |||||||||||||||||||
Vested | (136) | 56.54 | (271) | 55.14 | |||||||||||||||||||
Forfeited | (49) | 54.08 | — | — | |||||||||||||||||||
Nonvested at December 31, 2020 | 233 | 49.94 | 714 | 59.46 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
Tax treatment of distributions: | |||||||||||||||||
Ordinary income | $ | — | $ | — | $ | — | |||||||||||
Qualified ordinary income | 0.00696 | 0.12230 | 0.00375 | ||||||||||||||
199A qualified business income | 2.14381 | 2.22898 | 2.97465 | ||||||||||||||
Long-term capital gain | 0.28450 | — | 0.05916 | ||||||||||||||
Unrecaptured Section 1250 gain | 0.04973 | 0.03434 | 0.12244 | ||||||||||||||
Non-dividend distribution | — | 0.78438 | — | ||||||||||||||
Distribution reported for 1099-DIV purposes | 2.48500 | 3.17000 | 3.16000 | ||||||||||||||
Add: Dividend declared in current year and taxable in following year | 0.45000 | 0.79250 | 0.79250 | ||||||||||||||
Less: Dividend declared in prior year and taxable in current year | (0.79250) | (0.79250) | (0.79000) | ||||||||||||||
Distribution declared per common share outstanding | $ | 2.14250 | $ | 3.17000 | $ | 3.16250 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Current - Federal | $ | 402 | $ | (1,840) | $ | (2,953) | |||||||||||
Current - State | 2,107 | 2,118 | 1,332 | ||||||||||||||
Deferred - Federal | (56,835) | (49,532) | (32,492) | ||||||||||||||
Deferred - State | (35,447) | (3,353) | (825) | ||||||||||||||
Current - Foreign | 2,929 | 2,335 | 1,892 | ||||||||||||||
Deferred - Foreign | (9,690) | (6,038) | (6,907) | ||||||||||||||
Total | $ | (96,534) | $ | (56,310) | $ | (39,953) |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Tax at statutory rate on earnings from continuing operations before unconsolidated entities, noncontrolling interest and income taxes
|
$ | 27,132 | $ | 77,803 | $ | 80,811 | |||||||||||
State income taxes, net of federal benefit | (1,967) | 2,341 | (253) | ||||||||||||||
Change in valuation allowance from ordinary operations | 86,359 | (47,227) | (5,451) | ||||||||||||||
Decrease in ASC 740 income tax liability | — | — | (4,347) | ||||||||||||||
Tax at statutory rate on earnings not subject to federal income taxes | (53,808) | (90,862) | (89,947) | ||||||||||||||
Foreign rate differential and foreign taxes | 3,342 | 1,407 | 1,924 | ||||||||||||||
Change in tax status of TRS | (150,287) | (52) | 359 | ||||||||||||||
Effect of the 2017 Tax Act | — | — | (23,160) | ||||||||||||||
Other differences | (7,305) | 280 | 111 | ||||||||||||||
Income tax benefit | $ | (96,534) | $ | (56,310) | $ | (39,953) |
As of December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Property, primarily differences in depreciation and amortization, the tax basis of land assets and the treatment of interests and certain costs
|
$ | (60,494) | $ | (257,373) | $ | (269,758) | |||||||||||
Operating loss and interest deduction carryforwards | 124,606 | 136,771 | 133,243 | ||||||||||||||
Expense accruals and other | 10,516 | 7,380 | 11,910 | ||||||||||||||
Valuation allowance | (127,279) | (40,114) | (80,614) | ||||||||||||||
Net deferred tax liabilities | $ | (52,651) | $ | (153,336) | $ | (205,219) |
2020 | 2019 | ||||||||||
(In thousands) | |||||||||||
Balance as of January 1 | $ | 12,127 | $ | 12,344 | |||||||
Additions to tax positions related to prior years | 74 | 178 | |||||||||
Subtractions to tax positions related to prior years | (6,144) | (395) | |||||||||
Balance as of December 31 | $ | 6,057 | $ | 12,127 |
2021 | $ | 24,363 | |||
2022 | 20,041 | ||||
2023 | 19,725 | ||||
2024 | 18,866 | ||||
2025 | 16,708 | ||||
Thereafter | 654,060 | ||||
Total undiscounted minimum lease payments | 753,763 | ||||
Less: imputed interest | (543,846) | ||||
Operating lease liabilities | $ | 209,917 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands, except per share amounts) | |||||||||||||||||
Numerator for basic and diluted earnings per share: | |||||||||||||||||
Income from continuing operations
|
$ | 441,185 | $ | 439,297 | $ | 415,991 | |||||||||||
Discontinued operations | — | — | (10) | ||||||||||||||
Net income | 441,185 | 439,297 | 415,981 | ||||||||||||||
Net income attributable to noncontrolling interests | 2,036 | 6,281 | 6,514 | ||||||||||||||
Net income attributable to common stockholders | $ | 439,149 | $ | 433,016 | $ | 409,467 | |||||||||||
Denominator: | |||||||||||||||||
Denominator for basic earnings per share—weighted average shares
|
373,368 | 365,977 | 356,265 | ||||||||||||||
Effect of dilutive securities: | |||||||||||||||||
Stock options | — | 391 | 174 | ||||||||||||||
Restricted stock awards | 171 | 527 | 331 | ||||||||||||||
OP unitholder interests | 2,964 | 2,991 | 2,531 | ||||||||||||||
Denominator for diluted earnings per share—adjusted weighted average shares
|
376,503 | 369,886 | 359,301 | ||||||||||||||
Basic earnings per share: | |||||||||||||||||
Income from continuing operations
|
$ | 1.18 | $ | 1.20 | $ | 1.17 | |||||||||||
Net income attributable to common stockholders | 1.18 | 1.18 | 1.15 | ||||||||||||||
Diluted earnings per share: | |||||||||||||||||
Income from continuing operations
|
$ | 1.17 | $ | 1.19 | $ | 1.16 | |||||||||||
Net income attributable to common stockholders | 1.17 | 1.17 | 1.14 |
As of December 31, | |||||||||||
2020 | 2019 | ||||||||||
(In thousands) | |||||||||||
Foreign currency translation | $ | (51,947) | $ | (51,743) | |||||||
Available for sale securities | 25,712 | 27,380 | |||||||||
Derivative instruments | (28,119) | (10,201) | |||||||||
Total accumulated other comprehensive loss | $ | (54,354) | $ | (34,564) |
Redeemable OP Unitholder Interests | Redeemable Noncontrolling Interests | Total Redeemable OP Unitholder and Noncontrolling Interests | ||||||||||||||||||
(In thousands) | ||||||||||||||||||||
Balance as of December 31, 2019 | $ | 171,178 | $ | 102,500 | $ | 273,678 | ||||||||||||||
New issuances | — | 16,593 | 16,593 | |||||||||||||||||
Change in valuation | (18,638) | (8,068) | (26,706) | |||||||||||||||||
Dispositions | — | (14,350) | (14,350) | |||||||||||||||||
Distributions and other | (6,247) | 1,071 | (5,176) | |||||||||||||||||
Redemptions | (310) | (8,239) | (8,549) | |||||||||||||||||
Balance as of December 31, 2020 | $ | 145,983 | $ | 89,507 | $ | 235,490 |
For the Year Ended December 31, 2020 | |||||||||||||||||||||||
First
Quarter |
Second
Quarter |
Third
Quarter |
Fourth
Quarter |
||||||||||||||||||||
(In thousands, except per share amounts) | |||||||||||||||||||||||
Revenues | $ | 1,012,054 | $ | 943,198 | $ | 918,940 | $ | 921,165 | |||||||||||||||
Income (loss) from continuing operations | $ | 474,730 | $ | (159,235) | $ | 13,737 | $ | 111,953 | |||||||||||||||
Net income (loss) | 474,730 | (159,235) | 13,737 | 111,953 | |||||||||||||||||||
Net income (loss) attributable to noncontrolling interests | 1,613 | (2,065) | 986 | 1,502 | |||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | 473,117 | $ | (157,170) | $ | 12,751 | $ | 110,451 | |||||||||||||||
Basic earnings per share:
|
|||||||||||||||||||||||
Income (loss) from continuing operations | $ | 1.27 | $ | (0.43) | $ | 0.04 | $ | 0.30 | |||||||||||||||
Net income (loss) attributable to common stockholders | 1.27 | (0.42) | 0.03 | 0.29 | |||||||||||||||||||
Diluted earnings per share(1):
|
|||||||||||||||||||||||
Income (loss) from continuing operations | $ | 1.26 | $ | (0.43) | $ | 0.04 | $ | 0.30 | |||||||||||||||
Net income (loss) attributable to common stockholders | 1.26 | (0.42) | 0.03 | 0.29 | |||||||||||||||||||
Dividends declared per common share
|
$ | 0.7925 | $ | 0.4500 | $ | 0.4500 | $ | 0.4500 |
For the Year Ended December 31, 2019 | |||||||||||||||||||||||
First
Quarter |
Second
Quarter |
Third
Quarter |
Fourth
Quarter |
||||||||||||||||||||
(In thousands, except per share amounts) | |||||||||||||||||||||||
Revenues | $ | 942,874 | $ | 950,717 | $ | 983,155 | $ | 996,004 | |||||||||||||||
Income from continuing operations
|
$ | 127,588 | $ | 211,898 | $ | 86,918 | $ | 12,893 | |||||||||||||||
Net income | 127,588 | 211,898 | 86,918 | 12,893 | |||||||||||||||||||
Net income attributable to noncontrolling interests | 1,803 | 1,369 | 1,659 | 1,450 | |||||||||||||||||||
Net income attributable to common stockholders | $ | 125,785 | $ | 210,529 | $ | 85,259 | $ | 11,443 | |||||||||||||||
Basic earnings per share: | |||||||||||||||||||||||
Income from continuing operations
|
$ | 0.36 | $ | 0.59 | $ | 0.23 | $ | 0.03 | |||||||||||||||
Net income attributable to common stockholders | 0.35 | 0.58 | 0.23 | 0.03 | |||||||||||||||||||
Diluted earnings per share: | |||||||||||||||||||||||
Income from continuing operations
|
$ | 0.35 | $ | 0.58 | $ | 0.23 | $ | 0.03 | |||||||||||||||
Net income attributable to common stockholders | 0.35 | 0.58 | 0.23 | 0.03 | |||||||||||||||||||
Dividends declared per common share | $ | 0.7925 | $ | 0.7925 | $ | 0.7925 | $ | 0.7925 |
For the Year Ended December 31, 2020 | |||||||||||||||||||||||||||||
Triple-Net
Leased Properties |
Senior
Living Operations |
Office
Operations |
All
Other |
Total | |||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Revenues: | |||||||||||||||||||||||||||||
Rental income | $ | 695,265 | $ | — | $ | 799,627 | $ | — | $ | 1,494,892 | |||||||||||||||||||
Resident fees and services | — | 2,197,160 | — | — | 2,197,160 | ||||||||||||||||||||||||
Office building and other services revenue | — | — | 8,675 | 6,516 | 15,191 | ||||||||||||||||||||||||
Income from loans and investments | — | — | — | 80,505 | 80,505 | ||||||||||||||||||||||||
Interest and other income | — | — | — | 7,609 | 7,609 | ||||||||||||||||||||||||
Total revenues | $ | 695,265 | $ | 2,197,160 | $ | 808,302 | $ | 94,630 | $ | 3,795,357 | |||||||||||||||||||
Total revenues | $ | 695,265 | $ | 2,197,160 | $ | 808,302 | $ | 94,630 | $ | 3,795,357 | |||||||||||||||||||
Less: | |||||||||||||||||||||||||||||
Interest and other income | — | — | — | 7,609 | 7,609 | ||||||||||||||||||||||||
Property-level operating expenses | 22,160 | 1,658,671 | 256,612 | — | 1,937,443 | ||||||||||||||||||||||||
Office building services costs | — | — | 2,315 | — | 2,315 | ||||||||||||||||||||||||
Segment NOI | $ | 673,105 | $ | 538,489 | $ | 549,375 | $ | 87,021 | 1,847,990 | ||||||||||||||||||||
Interest and other income | 7,609 | ||||||||||||||||||||||||||||
Interest expense | (469,541) | ||||||||||||||||||||||||||||
Depreciation and amortization | (1,109,763) | ||||||||||||||||||||||||||||
General, administrative and professional fees
|
(130,158) | ||||||||||||||||||||||||||||
Loss on extinguishment of debt, net | (10,791) | ||||||||||||||||||||||||||||
Merger-related expenses and deal costs | (29,812) | ||||||||||||||||||||||||||||
Allowance on loans receivable and investments | (24,238) | ||||||||||||||||||||||||||||
Other | (707) | ||||||||||||||||||||||||||||
Income from unconsolidated entities | 1,844 | ||||||||||||||||||||||||||||
Gain on real estate dispositions | 262,218 | ||||||||||||||||||||||||||||
Income tax benefit | 96,534 | ||||||||||||||||||||||||||||
Income from continuing operations | 441,185 | ||||||||||||||||||||||||||||
Net income | 441,185 | ||||||||||||||||||||||||||||
Net income attributable to noncontrolling interests | 2,036 | ||||||||||||||||||||||||||||
Net income attributable to common stockholders | $ | 439,149 |
For the Year Ended December 31, 2019 | |||||||||||||||||||||||||||||
Triple-Net
Leased Properties |
Senior
Living Operations |
Office
Operations |
All
Other |
Total | |||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Revenues: | |||||||||||||||||||||||||||||
Rental income | $ | 780,898 | $ | — | $ | 828,978 | $ | — | $ | 1,609,876 | |||||||||||||||||||
Resident fees and services
|
— | 2,151,533 | — | — | 2,151,533 | ||||||||||||||||||||||||
Office building and other services revenue | — | — | 7,747 | 3,409 | 11,156 | ||||||||||||||||||||||||
Income from loans and investments | — | — | — | 89,201 | 89,201 | ||||||||||||||||||||||||
Interest and other income | — | — | — | 10,984 | 10,984 | ||||||||||||||||||||||||
Total revenues | $ | 780,898 | $ | 2,151,533 | $ | 836,725 | $ | 103,594 | $ | 3,872,750 | |||||||||||||||||||
Total revenues | $ | 780,898 | $ | 2,151,533 | $ | 836,725 | $ | 103,594 | $ | 3,872,750 | |||||||||||||||||||
Less: | |||||||||||||||||||||||||||||
Interest and other income | — | — | — | 10,984 | 10,984 | ||||||||||||||||||||||||
Property-level operating expenses | 26,561 | 1,521,398 | 260,249 | — | 1,808,208 | ||||||||||||||||||||||||
Office building services costs | — | — | 2,319 | — | 2,319 | ||||||||||||||||||||||||
Segment NOI
|
$ | 754,337 | $ | 630,135 | $ | 574,157 | $ | 92,610 | 2,051,239 | ||||||||||||||||||||
Interest and other income | 10,984 | ||||||||||||||||||||||||||||
Interest expense | (451,662) | ||||||||||||||||||||||||||||
Depreciation and amortization
|
(1,045,620) | ||||||||||||||||||||||||||||
General, administrative and professional fees
|
(158,726) | ||||||||||||||||||||||||||||
Loss on extinguishment of debt, net | (41,900) | ||||||||||||||||||||||||||||
Merger-related expenses and deal costs | (15,235) | ||||||||||||||||||||||||||||
Other | 10,339 | ||||||||||||||||||||||||||||
Loss from unconsolidated entities | (2,454) | ||||||||||||||||||||||||||||
Gain on real estate dispositions | 26,022 | ||||||||||||||||||||||||||||
Income tax benefit | 56,310 | ||||||||||||||||||||||||||||
Income from continuing operations | 439,297 | ||||||||||||||||||||||||||||
Net income | 439,297 | ||||||||||||||||||||||||||||
Net income attributable to noncontrolling interests | 6,281 | ||||||||||||||||||||||||||||
Net income attributable to common stockholders | $ | 433,016 |
For the Year Ended December 31, 2018 | |||||||||||||||||||||||||||||
Triple-Net
Leased Properties |
Senior
Living Operations |
Office
Operations |
All
Other |
Total | |||||||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
Revenues: | |||||||||||||||||||||||||||||
Rental income | $ | 737,796 | $ | — | $ | 776,011 | $ | — | $ | 1,513,807 | |||||||||||||||||||
Resident fees and services | — | 2,069,477 | — | — | 2,069,477 | ||||||||||||||||||||||||
Office building and other services revenue | 2,522 | — | 7,592 | 3,302 | 13,416 | ||||||||||||||||||||||||
Income from loans and investments | — | — | — | 124,218 | 124,218 | ||||||||||||||||||||||||
Interest and other income | — | — | — | 24,892 | 24,892 | ||||||||||||||||||||||||
Total revenues | $ | 740,318 | $ | 2,069,477 | $ | 783,603 | $ | 152,412 | $ | 3,745,810 | |||||||||||||||||||
Total revenues | $ | 740,318 | $ | 2,069,477 | $ | 783,603 | $ | 152,412 | $ | 3,745,810 | |||||||||||||||||||
Less: | |||||||||||||||||||||||||||||
Interest and other income | — | — | — | 24,892 | 24,892 | ||||||||||||||||||||||||
Property-level operating expenses | — | 1,446,201 | 243,679 | — | 1,689,880 | ||||||||||||||||||||||||
Office building services costs | — | — | 1,418 | — | 1,418 | ||||||||||||||||||||||||
Segment NOI | $ | 740,318 | $ | 623,276 | $ | 538,506 | $ | 127,520 | 2,029,620 | ||||||||||||||||||||
Interest and other income | 24,892 | ||||||||||||||||||||||||||||
Interest expense | (442,497) | ||||||||||||||||||||||||||||
Depreciation and amortization | (919,639) | ||||||||||||||||||||||||||||
General, administrative and professional fees
|
(145,978) | ||||||||||||||||||||||||||||
Loss on extinguishment of debt, net | (58,254) | ||||||||||||||||||||||||||||
Merger-related expenses and deal costs | (30,547) | ||||||||||||||||||||||||||||
Other | (72,772) | ||||||||||||||||||||||||||||
Loss from unconsolidated entities | (55,034) | ||||||||||||||||||||||||||||
Gain on real estate dispositions | 46,247 | ||||||||||||||||||||||||||||
Income tax benefit | 39,953 | ||||||||||||||||||||||||||||
Income from continuing operations | 415,991 | ||||||||||||||||||||||||||||
Discontinued operations | (10) | ||||||||||||||||||||||||||||
Net income | 415,981 | ||||||||||||||||||||||||||||
Net income attributable to noncontrolling interests | 6,514 | ||||||||||||||||||||||||||||
Net income attributable to common stockholders | $ | 409,467 |
As of December 31, | |||||||||||||||||||||||
2020 | 2019 | ||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||
Assets: | |||||||||||||||||||||||
Triple-net leased properties | $ | 5,147,503 | 21.6 | % | $ | 6,381,657 | 25.8 | % | |||||||||||||||
Senior living operations | 10,653,428 | 44.5 | 10,142,023 | 41.1 | |||||||||||||||||||
Office operations | 6,709,602 | 28.0 | 7,173,401 | 29.1 | |||||||||||||||||||
All other assets | 1,418,871 | 5.9 | 995,127 | 4.0 | |||||||||||||||||||
Total assets | $ | 23,929,404 | 100.0 | % | $ | 24,692,208 | 100.0 | % |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Capital expenditures: | |||||||||||||||||
Triple-net leased properties | $ | 42,930 | $ | 55,429 | $ | 58,744 | |||||||||||
Senior living operations | 191,891 | 944,214 | 337,750 | ||||||||||||||
Office operations | 372,475 | 519,129 | 332,147 | ||||||||||||||
Total capital expenditures | $ | 607,296 | $ | 1,518,772 | $ | 728,641 |
As of December 31, | |||||||||||
2020 | 2019 | ||||||||||
(In thousands) | |||||||||||
Net real estate property: | |||||||||||
United States | $ | 17,303,816 | $ | 18,636,838 | |||||||
Canada | 2,983,924 | 2,830,850 | |||||||||
United Kingdom | 262,295 | 266,885 | |||||||||
Total net real estate property | $ | 20,550,035 | $ | 21,734,573 |
For the Years Ended December 31, | |||||||||||||||||
2020 | 2019 | 2018 | |||||||||||||||
(In thousands) | |||||||||||||||||
Reconciliation of real estate: | |||||||||||||||||
Carrying cost: | |||||||||||||||||
Balance at beginning of period | $ | 27,133,514 | $ | 24,973,983 | $ | 24,712,478 | |||||||||||
Additions during period: | |||||||||||||||||
Acquisitions | 249,290 | 1,941,018 | 318,895 | ||||||||||||||
Capital expenditures | 485,479 | 575,624 | 446,490 | ||||||||||||||
Deductions during period: | |||||||||||||||||
Foreign currency translation | 80,302 | 107,508 | (105,192) | ||||||||||||||
Other(1)
|
(1,098,143) | (464,619) | (398,688) | ||||||||||||||
Balance at end of period | $ | 26,850,442 | $ | 27,133,514 | $ | 24,973,983 | |||||||||||
Accumulated depreciation: | |||||||||||||||||
Balance at beginning of period | $ | 6,200,230 | $ | 5,492,310 | $ | 4,802,917 | |||||||||||
Additions during period: | |||||||||||||||||
Depreciation expense | 809,067 | 811,936 | 791,882 | ||||||||||||||
Dispositions: | |||||||||||||||||
Sales and/or transfers to assets held for sale | (82,559) | (116,771) | (84,819) | ||||||||||||||
Foreign currency translation | 40,675 | 12,755 | (17,670) | ||||||||||||||
Balance at end of period | $ | 6,967,413 | $ | 6,200,230 | $ | 5,492,310 |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement Is Computed |
|||||||||||||||||||||||||||||||||
SPECIALTY HOSPITALS | |||||||||||||||||||||||||||||||||||||||||||||||
Rehabilitation Hospital of Southern Arizona | Tucson | AZ | $ | — | $ | 770 | $ | 25,589 | $ | — | $ | 770 | $ | 25,589 | $ | 26,359 | $ | 7,121 | $ | 19,238 | 1992 | 2011 | 35 years | ||||||||||||||||||||||||
Kindred Hospital - Brea | Brea | CA | — | 3,144 | 2,611 | — | 3,144 | 2,611 | 5,755 | 1,675 | 4,080 | 1990 | 1995 | 40 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Ontario | Ontario | CA | — | 523 | 2,988 | — | 523 | 2,988 | 3,511 | 3,228 | 283 | 1950 | 1994 | 25 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - San Diego | San Diego | CA | — | 670 | 11,764 | — | 670 | 11,764 | 12,434 | 11,957 | 477 | 1965 | 1994 | 25 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - San Francisco Bay Area | San Leandro | CA | — | 2,735 | 5,870 | — | 2,735 | 5,870 | 8,605 | 6,205 | 2,400 | 1962 | 1993 | 25 years | |||||||||||||||||||||||||||||||||
Tustin Rehabilitation Hospital | Tustin | CA | — | 2,810 | 25,248 | — | 2,810 | 25,248 | 28,058 | 7,162 | 20,896 | 1991 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Westminster | Westminster | CA | — | 727 | 7,384 | — | 727 | 7,384 | 8,111 | 7,562 | 549 | 1973 | 1993 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Denver | Denver | CO | — | 896 | 6,367 | — | 896 | 6,367 | 7,263 | 6,712 | 551 | 1963 | 1994 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - South Florida - Coral Gables | Coral Gables | FL | — | 1,071 | 5,348 | (1,000) | 71 | 5,348 | 5,419 | 5,290 | 129 | 1956 | 1992 | 30 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - South Florida Ft. Lauderdale | Fort Lauderdale | FL | — | 1,758 | 14,080 | — | 1,758 | 14,080 | 15,838 | 14,171 | 1,667 | 1969 | 1989 | 30 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - North Florida | Green Cove Springs | FL | — | 145 | 4,613 | — | 145 | 4,613 | 4,758 | 4,683 | 75 | 1956 | 1994 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - South Florida - Hollywood | Hollywood | FL | — | 605 | 5,229 | — | 605 | 5,229 | 5,834 | 5,234 | 600 | 1937 | 1995 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Bay Area St. Petersburg | St. Petersburg | FL | — | 1,401 | 16,706 | — | 1,401 | 16,706 | 18,107 | 15,181 | 2,926 | 1968 | 1997 | 40 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Central Tampa | Tampa | FL | — | 2,732 | 7,676 | — | 2,732 | 7,676 | 10,408 | 5,824 | 4,584 | 1970 | 1993 | 40 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Chicago (North Campus) | Chicago | IL | — | 1,583 | 19,980 | — | 1,583 | 19,980 | 21,563 | 20,142 | 1,421 | 1949 | 1995 | 25 years | |||||||||||||||||||||||||||||||||
Kindred - Chicago - Lakeshore | Chicago | IL | — | 1,513 | 9,525 | — | 1,513 | 9,525 | 11,038 | 9,483 | 1,555 | 1995 | 1976 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Chicago (Northlake Campus) | Northlake | IL | — | 850 | 6,498 | — | 850 | 6,498 | 7,348 | 6,726 | 622 | 1960 | 1991 | 30 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Sycamore | Sycamore | IL | — | 77 | 8,549 | — | 77 | 8,549 | 8,626 | 8,456 | 170 | 1949 | 1993 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Indianapolis | Indianapolis | IN | — | 985 | 3,801 | — | 985 | 3,801 | 4,786 | 3,880 | 906 | 1955 | 1993 | 30 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Louisville | Louisville | KY | — | 3,041 | 12,279 | — | 3,041 | 12,279 | 15,320 | 12,600 | 2,720 | 1964 | 1995 | 20 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - St. Louis | St. Louis | MO | — | 1,126 | 2,087 | — | 1,126 | 2,087 | 3,213 | 2,057 | 1,156 | 1984 | 1991 | 40 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Las Vegas (Sahara) | Las Vegas | NV | — | 1,110 | 2,177 | — | 1,110 | 2,177 | 3,287 | 1,590 | 1,697 | 1980 | 1994 | 40 years | |||||||||||||||||||||||||||||||||
Lovelace Rehabilitation Hospital | Albuquerque | NM | — | 401 | 17,796 | 1,068 | 401 | 18,864 | 19,265 | 3,306 | 15,959 | 1989 | 2015 | 36 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Albuquerque | Albuquerque | NM | — | 11 | 4,253 | — | 11 | 4,253 | 4,264 | 3,206 | 1,058 | 1985 | 1993 | 40 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Greensboro | Greensboro | NC | — | 1,010 | 7,586 | — | 1,010 | 7,586 | 8,596 | 7,788 | 808 | 1964 | 1994 | 20 years | |||||||||||||||||||||||||||||||||
University Hospitals Rehabilitation Hospital | Beachwood | OH | — | 1,800 | 16,444 | — | 1,800 | 16,444 | 18,244 | 3,646 | 14,598 | 2013 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Philadelphia | Philadelphia | PA | — | 135 | 5,223 | — | 135 | 5,223 | 5,358 | 3,953 | 1,405 | 1960 | 1995 | 35 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Chattanooga | Chattanooga | TN | — | 756 | 4,415 | — | 756 | 4,415 | 5,171 | 4,344 | 827 | 1975 | 1993 | 22 years | |||||||||||||||||||||||||||||||||
Ardent Harrington Cancer Center | Amarillo | TX | — | 974 | 25,304 | — | 974 | 25,304 | 26,278 | 120 | 26,158 | 2020 | 2020 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement Is Computed |
|||||||||||||||||||||||||||||||||
Kindred Hospital - Arlington | Arlington | TX | — | 458 | 12,426 | — | 458 | 12,426 | 12,884 | 172 | 12,712 | 1970 | 2020 | 35 years | |||||||||||||||||||||||||||||||||
Rehabilitation Hospital of Dallas | Dallas | TX | — | 2,318 | 38,702 | — | 2,318 | 38,702 | 41,020 | 7,178 | 33,842 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Baylor Institute for Rehabilitation - Ft. Worth TX | Fort Worth | TX | — | 2,071 | 16,018 | — | 2,071 | 16,018 | 18,089 | 3,201 | 14,888 | 2008 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Tarrant County (Fort Worth Southwest) | Fort Worth | TX | — | 2,342 | 7,458 | — | 2,342 | 7,458 | 9,800 | 7,508 | 2,292 | 1987 | 1986 | 20 years | |||||||||||||||||||||||||||||||||
Rehabilitation Hospital The Vintage | Houston | TX | — | 1,838 | 34,832 | — | 1,838 | 34,832 | 36,670 | 6,735 | 29,935 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Kindred Hospital (Houston Northwest) | Houston | TX | — | 1,699 | 6,788 | — | 1,699 | 6,788 | 8,487 | 6,231 | 2,256 | 1986 | 1985 | 40 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - Houston | Houston | TX | — | 33 | 7,062 | — | 33 | 7,062 | 7,095 | 6,756 | 339 | 1972 | 1994 | 20 years | |||||||||||||||||||||||||||||||||
Select Rehabilitation - San Antonio TX | San Antonio | TX | — | 1,859 | 18,301 | — | 1,859 | 18,301 | 20,160 | 3,591 | 16,569 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Kindred Hospital - San Antonio | San Antonio | TX | — | 249 | 11,413 | — | 249 | 11,413 | 11,662 | 10,579 | 1,083 | 1981 | 1993 | 30 years | |||||||||||||||||||||||||||||||||
TOTAL FOR SPECIALTY HOSPITALS | — | 48,226 | 440,390 | 68 | 47,226 | 441,458 | 488,684 | 245,253 | 243,431 | ||||||||||||||||||||||||||||||||||||||
SKILLED NURSING FACILITIES | |||||||||||||||||||||||||||||||||||||||||||||||
Englewood Post Acute and Rehabilitation | Englewood | CO | — | 241 | 2,180 | 194 | 241 | 2,374 | 2,615 | 2,206 | 409 | 1960 | 1995 | 30 years | |||||||||||||||||||||||||||||||||
Brookdale Lisle SNF | Lisle | IL | — | 730 | 9,270 | 735 | 910 | 9,825 | 10,735 | 3,696 | 7,039 | 1990 | 2009 | 35 years | |||||||||||||||||||||||||||||||||
Lopatcong Center | Phillipsburg | NJ | — | 1,490 | 12,336 | — | 1,490 | 12,336 | 13,826 | 7,207 | 6,619 | 1982 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
The Belvedere | Chester | PA | — | 822 | 7,203 | — | 822 | 7,203 | 8,025 | 4,200 | 3,825 | 1899 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Pennsburg Manor | Pennsburg | PA | — | 1,091 | 7,871 | — | 1,091 | 7,871 | 8,962 | 4,631 | 4,331 | 1982 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Chapel Manor | Philadelphia | PA | — | 1,595 | 13,982 | 1,358 | 1,595 | 15,340 | 16,935 | 9,511 | 7,424 | 1948 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Wayne Center | Strafford | PA | — | 662 | 6,872 | 850 | 662 | 7,722 | 8,384 | 4,836 | 3,548 | 1897 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Everett Rehabilitation & Care | Everett | WA | — | 2,750 | 27,337 | (7,916) | 2,750 | 19,421 | 22,171 | 7,707 | 14,464 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Beacon Hill Rehabilitation | Longview | WA | — | 145 | 2,563 | 171 | 145 | 2,734 | 2,879 | 2,670 | 209 | 1955 | 1992 | 29 years | |||||||||||||||||||||||||||||||||
Columbia Crest Care & Rehabilitation Center | Moses Lake | WA | — | 660 | 17,439 | — | 660 | 17,439 | 18,099 | 5,080 | 13,019 | 1972 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Lake Ridge Solana Alzheimer's Care Center | Moses Lake | WA | — | 660 | 8,866 | — | 660 | 8,866 | 9,526 | 2,669 | 6,857 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Rainier Rehabilitation | Puyallup | WA | — | 520 | 4,780 | 305 | 520 | 5,085 | 5,605 | 3,794 | 1,811 | 1986 | 1991 | 40 years | |||||||||||||||||||||||||||||||||
Logan Center | Logan | WV | — | 300 | 12,959 | — | 300 | 12,959 | 13,259 | 3,717 | 9,542 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Ravenswood Healthcare Center | Ravenswood | WV | — | 320 | 12,710 | — | 320 | 12,710 | 13,030 | 3,661 | 9,369 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Valley Center | South Charleston | WV | — | 750 | 24,115 | — | 750 | 24,115 | 24,865 | 7,004 | 17,861 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
White Sulphur | White Sulphur Springs | WV | — | 250 | 13,055 | — | 250 | 13,055 | 13,305 | 3,781 | 9,524 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
TOTAL FOR SKILLED NURSING FACILITIES | — | 12,986 | 183,538 | (4,303) | 13,166 | 179,055 | 192,221 | 76,370 | 115,851 | ||||||||||||||||||||||||||||||||||||||
GENERAL ACUTE CARE | |||||||||||||||||||||||||||||||||||||||||||||||
Lovelace Medical Center Downtown | Albuquerque | NM | — | 9,840 | 154,017 | 9,763 | 9,928 | 163,692 | 173,620 | 30,465 | 143,155 | 1968 | 2015 | 33.5 years | |||||||||||||||||||||||||||||||||
Lovelace Westside Hospital | Albuquerque | NM | — | 10,107 | 13,576 | 2,133 | 10,107 | 15,709 | 25,816 | 6,742 | 19,074 | 1984 | 2015 | 20.5 years | |||||||||||||||||||||||||||||||||
Lovelace Women's Hospital | Albuquerque | NM | — | 7,236 | 175,142 | 20,075 | 7,236 | 195,217 | 202,453 | 24,062 | 178,391 | 1983 | 2015 | 47 years | |||||||||||||||||||||||||||||||||
Roswell Regional Hospital | Roswell | NM | — | 2,560 | 41,125 | 2,186 | 2,560 | 43,311 | 45,871 | 5,825 | 40,046 | 2007 | 2015 | 47 years | |||||||||||||||||||||||||||||||||
Hillcrest Hospital Claremore | Claremore | OK | — | 3,623 | 23,864 | 638 | 3,623 | 24,502 | 28,125 | 4,108 | 24,017 | 1955 | 2015 | 40 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement Is Computed |
|||||||||||||||||||||||||||||||||
Bailey Medical Center | Owasso | OK | — | 4,964 | 7,059 | 155 | 4,964 | 7,214 | 12,178 | 1,826 | 10,352 | 2006 | 2015 | 32.5 years | |||||||||||||||||||||||||||||||||
Hillcrest Medical Center | Tulsa | OK | — | 28,319 | 215,959 | 12,718 | 28,319 | 228,677 | 256,996 | 40,988 | 216,008 | 1928 | 2015 | 34 years | |||||||||||||||||||||||||||||||||
Hillcrest Hospital South | Tulsa | OK | — | 17,026 | 112,231 | 1,016 | 17,026 | 113,247 | 130,273 | 16,857 | 113,416 | 1999 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
SouthCreek Medical Plaza | Tulsa | OK | — | 2,943 | 17,860 | 600 | 2,943 | 18,460 | 21,403 | 1,451 | 19,952 | 2003 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
Baptist St. Anthony's Hospital | Amarillo | TX | — | 13,779 | 357,733 | 26,812 | 13,015 | 385,309 | 398,324 | 49,670 | 348,654 | 1967 | 2015 | 44.5 years | |||||||||||||||||||||||||||||||||
Spire Hull and East Riding Hospital | Anlaby | HUL | — | 3,194 | 81,613 | (10,348) | 2,804 | 71,655 | 74,459 | 9,881 | 64,578 | 2010 | 2014 | 50 years | |||||||||||||||||||||||||||||||||
Spire Fylde Coast Hospital | Blackpool | LAN | — | 2,446 | 28,896 | (3,825) | 2,147 | 25,370 | 27,517 | 3,550 | 23,967 | 1980 | 2014 | 50 years | |||||||||||||||||||||||||||||||||
Spire Clare Park Hospital | Farnham | SUR | — | 6,263 | 26,119 | (3,951) | 5,499 | 22,932 | 28,431 | 3,336 | 25,095 | 2009 | 2014 | 50 years | |||||||||||||||||||||||||||||||||
TOTAL FOR GENERAL ACUTE CARE | — | 112,300 | 1,255,194 | 57,972 | 110,171 | 1,315,295 | 1,425,466 | 198,761 | 1,226,705 | ||||||||||||||||||||||||||||||||||||||
BROOKDALE SENIOR HOUSING COMMUNITIES | |||||||||||||||||||||||||||||||||||||||||||||||
Brookdale Chandler Ray Road | Chandler | AZ | — | 2,000 | 6,538 | 178 | 2,000 | 6,716 | 8,716 | 2,070 | 6,646 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Springs Mesa | Mesa | AZ | — | 2,747 | 24,918 | 2,720 | 2,751 | 27,634 | 30,385 | 13,025 | 17,360 | 1986 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale East Arbor | Mesa | AZ | — | 655 | 6,998 | 489 | 711 | 7,431 | 8,142 | 3,582 | 4,560 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Oro Valley | Oro Valley | AZ | — | 666 | 6,169 | — | 666 | 6,169 | 6,835 | 3,123 | 3,712 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Peoria | Peoria | AZ | — | 598 | 4,872 | 723 | 659 | 5,534 | 6,193 | 2,603 | 3,590 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Tempe | Tempe | AZ | — | 611 | 4,066 | 150 | 611 | 4,216 | 4,827 | 2,093 | 2,734 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale East Tucson | Tucson | AZ | — | 506 | 4,745 | 50 | 556 | 4,745 | 5,301 | 2,406 | 2,895 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Anaheim | Anaheim | CA | — | 2,464 | 7,908 | 95 | 2,464 | 8,003 | 10,467 | 3,833 | 6,634 | 1977 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Redwood City | Redwood City | CA | — | 7,669 | 66,691 | 422 | 7,719 | 67,063 | 74,782 | 34,159 | 40,623 | 1988 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale San Jose | San Jose | CA | — | 6,240 | 66,329 | 14,386 | 6,250 | 80,705 | 86,955 | 36,374 | 50,581 | 1987 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale San Marcos | San Marcos | CA | — | 4,288 | 36,204 | 235 | 4,314 | 36,413 | 40,727 | 18,666 | 22,061 | 1987 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Tracy | Tracy | CA | — | 1,110 | 13,296 | 521 | 1,110 | 13,817 | 14,927 | 6,173 | 8,754 | 1986 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Boulder Creek | Boulder | CO | — | 1,290 | 20,683 | 782 | 1,414 | 21,341 | 22,755 | 6,152 | 16,603 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Vista Grande | Colorado Springs | CO | — | 715 | 9,279 | — | 715 | 9,279 | 9,994 | 4,698 | 5,296 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale El Camino | Pueblo | CO | — | 840 | 9,403 | 76 | 874 | 9,445 | 10,319 | 4,773 | 5,546 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Farmington | Farmington | CT | — | 3,995 | 36,310 | 958 | 4,340 | 36,923 | 41,263 | 18,531 | 22,732 | 1984 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale South Windsor | South Windsor | CT | — | 2,187 | 12,682 | 88 | 2,198 | 12,759 | 14,957 | 6,097 | 8,860 | 1999 | 2004 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Chatfield | West Hartford | CT | — | 2,493 | 22,833 | 23,729 | 2,493 | 46,562 | 49,055 | 15,041 | 34,014 | 1989 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Bonita Springs | Bonita Springs | FL | — | 1,540 | 10,783 | 1,275 | 1,594 | 12,004 | 13,598 | 5,518 | 8,080 | 1989 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale West Boynton Beach | Boynton Beach | FL | — | 2,317 | 16,218 | 1,353 | 2,347 | 17,541 | 19,888 | 8,137 | 11,751 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Deer Creek AL/MC | Deerfield Beach | FL | — | 1,399 | 9,791 | 18 | 1,399 | 9,809 | 11,208 | 5,091 | 6,117 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Fort Myers The Colony | Fort Myers | FL | — | 1,510 | 7,862 | 398 | 1,510 | 8,260 | 9,770 | 2,333 | 7,437 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Avondale | Jacksonville | FL | — | 860 | 16,745 | 140 | 860 | 16,885 | 17,745 | 4,762 | 12,983 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Crown Point | Jacksonville | FL | — | 1,300 | 9,659 | 611 | 1,300 | 10,270 | 11,570 | 2,888 | 8,682 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Jensen Beach | Jensen Beach | FL | — | 1,831 | 12,820 | 2,100 | 1,831 | 14,920 | 16,751 | 6,472 | 10,279 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Ormond Beach West | Ormond Beach | FL | — | 1,660 | 9,738 | 27 | 1,660 | 9,765 | 11,425 | 2,820 | 8,605 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Palm Coast | Palm Coast | FL | — | 470 | 9,187 | 235 | 470 | 9,422 | 9,892 | 2,669 | 7,223 | 1997 | 2011 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement Is Computed |
|||||||||||||||||||||||||||||||||
Brookdale Pensacola | Pensacola | FL | — | 633 | 6,087 | 11 | 633 | 6,098 | 6,731 | 3,086 | 3,645 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Rotonda | Rotonda West | FL | — | 1,740 | 4,331 | 282 | 1,740 | 4,613 | 6,353 | 1,536 | 4,817 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Centre Pointe Boulevard | Tallahassee | FL | — | 667 | 6,168 | — | 667 | 6,168 | 6,835 | 3,123 | 3,712 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Tavares | Tavares | FL | — | 280 | 15,980 | 69 | 280 | 16,049 | 16,329 | 4,522 | 11,807 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale West Melbourne MC | West Melbourne | FL | — | 586 | 5,481 | — | 586 | 5,481 | 6,067 | 2,775 | 3,292 | 2000 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale West Palm Beach | West Palm Beach | FL | — | 3,758 | 33,072 | 3,762 | 3,935 | 36,657 | 40,592 | 17,139 | 23,453 | 1990 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Winter Haven MC | Winter Haven | FL | — | 232 | 3,006 | — | 232 | 3,006 | 3,238 | 1,522 | 1,716 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Winter Haven AL | Winter Haven | FL | — | 438 | 5,549 | 183 | 438 | 5,732 | 6,170 | 2,831 | 3,339 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Twin Falls | Twin Falls | ID | — | 703 | 6,153 | 1,099 | 718 | 7,237 | 7,955 | 3,321 | 4,634 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Lake Shore Drive | Chicago | IL | — | 11,057 | 107,517 | 7,721 | 11,089 | 115,206 | 126,295 | 56,926 | 69,369 | 1990 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Lake View | Chicago | IL | — | 3,072 | 26,668 | — | 3,072 | 26,668 | 29,740 | 13,650 | 16,090 | 1950 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Des Plaines | Des Plaines | IL | — | 6,871 | 60,165 | (41) | 6,805 | 60,190 | 66,995 | 30,777 | 36,218 | 1993 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Hoffman Estates | Hoffman Estates | IL | — | 3,886 | 44,130 | 4,702 | 4,273 | 48,445 | 52,718 | 22,773 | 29,945 | 1987 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Lisle IL/AL | Lisle | IL | 33,000 | 7,953 | 70,400 | — | 7,953 | 70,400 | 78,353 | 35,944 | 42,409 | 1990 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Northbrook | Northbrook | IL | — | 1,988 | 39,762 | 854 | 2,076 | 40,528 | 42,604 | 19,573 | 23,031 | 1999 | 2004 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Hawthorn Lakes IL/AL | Vernon Hills | IL | — | 4,439 | 35,044 | 814 | 4,480 | 35,817 | 40,297 | 18,338 | 21,959 | 1987 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Hawthorn Lakes AL | Vernon Hills | IL | — | 1,147 | 10,041 | 401 | 1,175 | 10,414 | 11,589 | 5,163 | 6,426 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Richmond | Richmond | IN | — | 495 | 4,124 | 359 | 555 | 4,423 | 4,978 | 2,158 | 2,820 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Derby | Derby | KS | — | 440 | 4,422 | — | 440 | 4,422 | 4,862 | 1,299 | 3,563 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Leawood State Line | Leawood | KS | — | 117 | 5,127 | 261 | 117 | 5,388 | 5,505 | 2,631 | 2,874 | 2000 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Salina Fairdale | Salina | KS | — | 300 | 5,657 | 150 | 353 | 5,754 | 6,107 | 1,681 | 4,426 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Topeka | Topeka | KS | — | 370 | 6,825 | — | 370 | 6,825 | 7,195 | 3,455 | 3,740 | 2000 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Cushing Park | Framingham | MA | — | 5,819 | 33,361 | 3,996 | 5,872 | 37,304 | 43,176 | 17,179 | 25,997 | 1999 | 2004 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Cape Cod | Hyannis | MA | — | 1,277 | 9,063 | 237 | 1,277 | 9,300 | 10,577 | 4,193 | 6,384 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Quincy Bay | Quincy | MA | — | 6,101 | 57,862 | 3,713 | 6,216 | 61,460 | 67,676 | 29,724 | 37,952 | 1986 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Delta MC | Delta Township | MI | — | 730 | 11,471 | 119 | 730 | 11,590 | 12,320 | 3,298 | 9,022 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Delta AL | Delta Township | MI | — | 820 | 3,313 | 30 | 820 | 3,343 | 4,163 | 1,327 | 2,836 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Farmington Hills North | Farmington Hills | MI | — | 580 | 10,497 | 91 | 580 | 10,588 | 11,168 | 3,369 | 7,799 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Farmington Hills North II | Farmington Hills | MI | — | 700 | 10,246 | — | 700 | 10,246 | 10,946 | 3,394 | 7,552 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Meridian AL | Haslett | MI | — | 1,340 | 6,134 | 288 | 1,367 | 6,395 | 7,762 | 1,910 | 5,852 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Grand Blanc MC | Holly | MI | — | 450 | 12,373 | 105 | 450 | 12,478 | 12,928 | 3,572 | 9,356 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Grand Blanc AL | Holly | MI | — | 620 | 14,627 | — | 620 | 14,627 | 15,247 | 4,211 | 11,036 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Northville | Northville | MI | — | 407 | 6,068 | 149 | 407 | 6,217 | 6,624 | 3,082 | 3,542 | 1996 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Troy MC | Troy | MI | — | 630 | 17,178 | — | 630 | 17,178 | 17,808 | 4,900 | 12,908 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Troy AL | Troy | MI | — | 950 | 12,503 | 270 | 950 | 12,773 | 13,723 | 3,786 | 9,937 | 1998 | 2011 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Brookdale Utica AL | Utica | MI | — | 1,142 | 11,808 | 691 | 1,142 | 12,499 | 13,641 | 6,096 | 7,545 | 1996 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Utica MC | Utica | MI | — | 700 | 8,657 | 351 | 700 | 9,008 | 9,708 | 2,712 | 6,996 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Eden Prairie | Eden Prairie | MN | — | 301 | 6,228 | 874 | 332 | 7,071 | 7,403 | 3,299 | 4,104 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Faribault | Faribault | MN | — | 530 | 1,085 | — | 530 | 1,085 | 1,615 | 378 | 1,237 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Inver Grove Heights | Inver Grove Heights | MN | — | 253 | 2,655 | — | 253 | 2,655 | 2,908 | 1,344 | 1,564 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Mankato | Mankato | MN | — | 490 | 410 | — | 490 | 410 | 900 | 262 | 638 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Edina | Minneapolis | MN | 15,040 | 3,621 | 33,141 | 22,975 | 3,621 | 56,116 | 59,737 | 21,058 | 38,679 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale North Oaks | North Oaks | MN | — | 1,057 | 8,296 | 1,312 | 1,122 | 9,543 | 10,665 | 4,421 | 6,244 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Plymouth | Plymouth | MN | — | 679 | 8,675 | 801 | 823 | 9,332 | 10,155 | 4,487 | 5,668 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Willmar | Wilmar | MN | — | 470 | 4,833 | — | 470 | 4,833 | 5,303 | 1,396 | 3,907 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Winona | Winona | MN | — | 800 | 1,390 | — | 800 | 1,390 | 2,190 | 803 | 1,387 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale West County | Ballwin | MO | — | 3,100 | 35,074 | 323 | 3,113 | 35,384 | 38,497 | 7,232 | 31,265 | 2012 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Evesham | Voorhees Township | NJ | — | 3,158 | 29,909 | 343 | 3,158 | 30,252 | 33,410 | 15,164 | 18,246 | 1987 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Westampton | Westampton | NJ | — | 881 | 4,741 | 829 | 881 | 5,570 | 6,451 | 2,563 | 3,888 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Santa Fe | Santa Fe | NM | — | — | 28,178 | — | — | 28,178 | 28,178 | 14,060 | 14,118 | 1986 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Kenmore | Buffalo | NY | — | 1,487 | 15,170 | 1,117 | 1,487 | 16,287 | 17,774 | 7,774 | 10,000 | 1995 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Clinton IL | Clinton | NY | — | 947 | 7,528 | 643 | 961 | 8,157 | 9,118 | 3,911 | 5,207 | 1991 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Manlius | Manlius | NY | — | 890 | 28,237 | 658 | 190 | 29,595 | 29,785 | 8,172 | 21,613 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Pittsford | Pittsford | NY | — | 611 | 4,066 | 16 | 611 | 4,082 | 4,693 | 2,064 | 2,629 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale East Niskayuna | Schenectady | NY | — | 1,021 | 8,333 | 715 | 1,021 | 9,048 | 10,069 | 4,374 | 5,695 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Niskayuna | Schenectady | NY | — | 1,884 | 16,103 | 30 | 1,884 | 16,133 | 18,017 | 8,160 | 9,857 | 1996 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Summerfield | Syracuse | NY | — | 1,132 | 11,434 | 278 | 1,246 | 11,598 | 12,844 | 5,805 | 7,039 | 1991 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Williamsville | Williamsville | NY | — | 839 | 3,841 | 60 | 839 | 3,901 | 4,740 | 1,960 | 2,780 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Cary | Cary | NC | — | 724 | 6,466 | — | 724 | 6,466 | 7,190 | 3,274 | 3,916 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Falling Creek | Hickory | NC | — | 330 | 10,981 | — | 330 | 10,981 | 11,311 | 3,146 | 8,165 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Winston-Salem | Winston-Salem | NC | — | 368 | 3,497 | 250 | 368 | 3,747 | 4,115 | 1,808 | 2,307 | 1997 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Alliance | Alliance | OH | — | 392 | 6,283 | 49 | 435 | 6,289 | 6,724 | 3,185 | 3,539 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Austintown | Austintown | OH | — | 151 | 3,087 | 729 | 181 | 3,786 | 3,967 | 1,694 | 2,273 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Barberton | Barberton | OH | — | 440 | 10,884 | — | 440 | 10,884 | 11,324 | 3,120 | 8,204 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Beavercreek | Beavercreek | OH | — | 587 | 5,381 | — | 587 | 5,381 | 5,968 | 2,724 | 3,244 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Centennial Park | Clayton | OH | — | 630 | 6,477 | — | 630 | 6,477 | 7,107 | 1,924 | 5,183 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Westerville | Columbus | OH | — | 267 | 3,600 | — | 267 | 3,600 | 3,867 | 1,823 | 2,044 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Greenville AL/MC | Greenville | OH | — | 490 | 4,144 | 55 | 545 | 4,144 | 4,689 | 1,376 | 3,313 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Lakeview Crossing | Groveport | OH | — | 705 | 11,103 | — | 705 | 11,103 | 11,808 | 150 | 11,658 | 1998 | 2020 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Camelot Medina (North) | Medina | OH | — | 263 | 6,602 | — | 263 | 6,602 | 6,865 | 108 | 6,757 | 1995 | 2020 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Medina South | Medina | OH | — | 802 | 22,124 | — | 802 | 22,124 | 22,926 | 293 | 2000 | 2020 | 35 years | ||||||||||||||||||||||||||||||||||
Brookdale Mount Vernon | Mount Vernon | OH | — | 854 | 22,882 | — | 854 | 22,882 | 23,736 | 298 | 2002 | 2020 | 35 years | ||||||||||||||||||||||||||||||||||
Brookdale Salem AL (OH) | Salem | OH | — | 634 | 4,659 | — | 634 | 4,659 | 5,293 | 2,359 | 2,934 | 1998 | 2005 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Brookdale Springdale | Springdale | OH | — | 1,140 | 9,134 | 656 | 1,228 | 9,702 | 10,930 | 2,702 | 8,228 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Zanesville | Zanesville | OH | — | 833 | 12,034 | — | 833 | 12,034 | 12,867 | 166 | 1996 | 2020 | 35 years | ||||||||||||||||||||||||||||||||||
Brookdale Bartlesville South | Bartlesville | OK | — | 250 | 10,529 | 35 | 285 | 10,529 | 10,814 | 2,995 | 7,819 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Broken Arrow | Broken Arrow | OK | — | 940 | 6,312 | 6,435 | 1,898 | 11,789 | 13,687 | 3,851 | 9,836 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Forest Grove | Forest Grove | OR | — | 2,320 | 9,633 | (4,180) | 2,320 | 5,453 | 7,773 | 2,913 | 4,860 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Mt. Hood | Gresham | OR | — | 2,410 | 9,093 | (1,356) | 319 | 9,828 | 10,147 | 2,845 | 7,302 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale McMinnville Town Center | McMinnville | OR | 119 | 1,230 | 7,561 | — | 1,230 | 7,561 | 8,791 | 2,583 | 6,208 | 1989 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Denton North | Denton | TX | — | 1,750 | 6,712 | 43 | 1,750 | 6,755 | 8,505 | 1,974 | 6,531 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Ennis | Ennis | TX | — | 460 | 3,284 | — | 460 | 3,284 | 3,744 | 1,026 | 2,718 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Kerrville | Kerrville | TX | — | 460 | 8,548 | 120 | 460 | 8,668 | 9,128 | 2,459 | 6,669 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Medical Center Whitby | San Antonio | TX | — | 1,400 | 10,051 | (5,953) | 1,400 | 4,098 | 5,498 | 2,794 | 2,704 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Western Hills | Temple | TX | — | 330 | 5,081 | 230 | 330 | 5,311 | 5,641 | 1,568 | 4,073 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Salem AL (VA) | Salem | VA | — | 1,900 | 16,219 | — | 1,900 | 16,219 | 18,119 | 8,097 | 10,022 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Alderwood | Lynnwood | WA | — | 1,219 | 9,573 | 810 | 1,239 | 10,363 | 11,602 | 4,868 | 6,734 | 1999 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Puyallup South | Puyallup | WA | — | 1,055 | 8,298 | 686 | 1,055 | 8,984 | 10,039 | 4,201 | 5,838 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Richland | Richland | WA | — | 960 | 23,270 | 370 | 960 | 23,640 | 24,600 | 6,839 | 17,761 | 1990 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Park Place | Spokane | WA | — | 1,622 | 12,895 | 910 | 1,622 | 13,805 | 15,427 | 6,700 | 8,727 | 1915 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Allenmore AL | Tacoma | WA | — | 620 | 16,186 | 971 | 671 | 17,106 | 17,777 | 4,804 | 12,973 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Allenmore - IL | Tacoma | WA | — | 1,710 | 3,326 | (622) | 307 | 4,107 | 4,414 | 1,599 | 2,815 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Yakima | Yakima | WA | — | 860 | 15,276 | 119 | 891 | 15,364 | 16,255 | 4,499 | 11,756 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Kenosha | Kenosha | WI | — | 551 | 5,431 | 3,297 | 608 | 8,671 | 9,279 | 3,836 | 5,443 | 2000 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale LaCrosse MC | La Crosse | WI | — | 621 | 4,056 | 1,126 | 621 | 5,182 | 5,803 | 2,452 | 3,351 | 2004 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale LaCrosse AL | La Crosse | WI | — | 644 | 5,831 | 2,637 | 644 | 8,468 | 9,112 | 3,886 | 5,226 | 1998 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Middleton Century Ave | Middleton | WI | — | 360 | 5,041 | — | 360 | 5,041 | 5,401 | 1,462 | 3,939 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Onalaska | Onalaska | WI | — | 250 | 4,949 | — | 250 | 4,949 | 5,199 | 1,427 | 3,772 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Sun Prairie | Sun Prairie | WI | — | 350 | 1,131 | — | 350 | 1,131 | 1,481 | 391 | 1,090 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
TOTAL FOR BROOKDALE SENIOR HOUSING COMMUNITIES | 48,159 | 185,432 | 1,810,548 | 120,817 | 184,852 | 1,931,945 | 2,116,797 | 799,971 | 1,316,826 | ||||||||||||||||||||||||||||||||||||||
SUNRISE SENIOR HOUSING COMMUNITIES | |||||||||||||||||||||||||||||||||||||||||||||||
Sunrise of Chandler | Chandler | AZ | — | 4,344 | 14,455 | 1,386 | 4,459 | 15,726 | 20,185 | 4,780 | 15,405 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Scottsdale | Scottsdale | AZ | — | 2,229 | 27,575 | 1,193 | 2,255 | 28,742 | 30,997 | 11,634 | 19,363 | 2007 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at River Road | Tucson | AZ | — | 2,971 | 12,399 | 970 | 3,000 | 13,340 | 16,340 | 3,823 | 12,517 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at La Costa | Carlsbad | CA | — | 4,890 | 20,590 | 1,985 | 5,030 | 22,435 | 27,465 | 9,658 | 17,807 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Carmichael | Carmichael | CA | — | 1,269 | 14,598 | 1,274 | 1,310 | 15,831 | 17,141 | 4,526 | 12,615 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Fair Oaks | Fair Oaks | CA | — | 1,456 | 23,679 | 3,035 | 2,557 | 25,613 | 28,170 | 10,611 | 17,559 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Mission Viejo | Mission Viejo | CA | — | 3,802 | 24,560 | 2,297 | 4,125 | 26,534 | 30,659 | 11,130 | 19,529 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Canyon Crest | Riverside | CA | — | 5,486 | 19,658 | 2,418 | 5,745 | 21,817 | 27,562 | 9,280 | 18,282 | 2006 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Rocklin | Rocklin | CA | — | 1,378 | 23,565 | 1,786 | 1,525 | 25,204 | 26,729 | 10,351 | 16,378 | 2007 | 2007 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Sunrise of San Mateo | San Mateo | CA | — | 2,682 | 35,335 | 3,557 | 2,742 | 38,832 | 41,574 | 15,571 | 26,003 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Sunnyvale | Sunnyvale | CA | — | 2,933 | 34,361 | 2,256 | 2,999 | 36,551 | 39,550 | 14,743 | 24,807 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Sterling Canyon | Valencia | CA | — | 3,868 | 29,293 | 5,211 | 4,108 | 34,264 | 38,372 | 15,149 | 23,223 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Westlake Village | Westlake Village | CA | — | 4,935 | 30,722 | 2,239 | 5,038 | 32,858 | 37,896 | 13,353 | 24,543 | 2004 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Yorba Linda | Yorba Linda | CA | — | 1,689 | 25,240 | 2,601 | 1,780 | 27,750 | 29,530 | 11,460 | 18,070 | 2002 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Cherry Creek | Denver | CO | — | 1,621 | 28,370 | 3,697 | 1,721 | 31,967 | 33,688 | 12,825 | 20,863 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Pinehurst | Denver | CO | — | 1,417 | 30,885 | 2,301 | 1,716 | 32,887 | 34,603 | 13,870 | 20,733 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Orchard | Littleton | CO | — | 1,813 | 22,183 | 3,666 | 1,853 | 25,809 | 27,662 | 10,325 | 17,337 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Westminster | Westminster | CO | — | 2,649 | 16,243 | 2,548 | 2,860 | 18,580 | 21,440 | 7,928 | 13,512 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Stamford | Stamford | CT | — | 4,612 | 28,533 | 3,433 | 5,029 | 31,549 | 36,578 | 13,242 | 23,336 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Jacksonville | Jacksonville | FL | — | 2,390 | 17,671 | 652 | 2,420 | 18,293 | 20,713 | 4,912 | 15,801 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Ivey Ridge | Alpharetta | GA | — | 1,507 | 18,516 | 1,622 | 1,517 | 20,128 | 21,645 | 8,561 | 13,084 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Huntcliff Summit I | Atlanta | GA | — | 4,232 | 66,161 | 19,970 | 4,201 | 86,162 | 90,363 | 40,106 | 50,257 | 1987 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Huntcliff Summit II | Atlanta | GA | — | 2,154 | 17,137 | 3,370 | 2,160 | 20,501 | 22,661 | 8,588 | 14,073 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at East Cobb | Marietta | GA | — | 1,797 | 23,420 | 1,524 | 1,806 | 24,935 | 26,741 | 10,547 | 16,194 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Barrington | Barrington | IL | — | 859 | 15,085 | 844 | 892 | 15,896 | 16,788 | 4,636 | 12,152 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Bloomingdale | Bloomingdale | IL | — | 1,287 | 38,625 | 2,280 | 1,382 | 40,810 | 42,192 | 16,874 | 25,318 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Buffalo Grove | Buffalo Grove | IL | — | 2,154 | 28,021 | 1,893 | 2,339 | 29,729 | 32,068 | 12,351 | 19,717 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Lincoln Park | Chicago | IL | — | 3,485 | 26,687 | 4,622 | 3,510 | 31,284 | 34,794 | 12,107 | 22,687 | 2003 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Naperville | Naperville | IL | — | 1,946 | 28,538 | 2,659 | 2,624 | 30,519 | 33,143 | 13,133 | 20,010 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Palos Park | Palos Park | IL | — | 2,363 | 42,205 | 1,371 | 2,416 | 43,523 | 45,939 | 17,862 | 28,077 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Park Ridge | Park Ridge | IL | — | 5,533 | 39,557 | 3,270 | 5,707 | 42,653 | 48,360 | 17,703 | 30,657 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Willowbrook | Willowbrook | IL | — | 1,454 | 60,738 | (14,182) | 2,080 | 45,930 | 48,010 | 24,031 | 23,979 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise on Old Meridian | Carmel | IN | — | 8,550 | 31,746 | 1,499 | 8,581 | 33,214 | 41,795 | 9,491 | 32,304 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Leawood | Leawood | KS | — | 651 | 16,401 | 1,421 | 878 | 17,595 | 18,473 | 4,962 | 13,511 | 2006 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Overland Park | Overland Park | KS | — | 650 | 11,015 | 1,054 | 807 | 11,912 | 12,719 | 3,593 | 9,126 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Baton Rouge | Baton Rouge | LA | — | 1,212 | 23,547 | 2,197 | 1,471 | 25,485 | 26,956 | 10,537 | 16,419 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Columbia | Columbia | MD | — | 1,780 | 23,083 | 4,415 | 1,918 | 27,360 | 29,278 | 11,412 | 17,866 | 1996 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Rockville | Rockville | MD | — | 1,039 | 39,216 | 2,945 | 1,075 | 42,125 | 43,200 | 17,150 | 26,050 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Arlington | Arlington | MA | — | 86 | 34,393 | 1,682 | 107 | 36,054 | 36,161 | 14,760 | 21,401 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Norwood | Norwood | MA | — | 2,230 | 30,968 | 2,383 | 2,356 | 33,225 | 35,581 | 13,628 | 21,953 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Bloomfield | Bloomfield Hills | MI | — | 3,736 | 27,657 | 2,414 | 3,927 | 29,880 | 33,807 | 12,145 | 21,662 | 2006 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Cascade | Grand Rapids | MI | — | 1,273 | 21,782 | 1,013 | 1,370 | 22,698 | 24,068 | 6,378 | 17,690 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Northville | Plymouth | MI | — | 1,445 | 26,090 | 1,849 | 1,525 | 27,859 | 29,384 | 11,512 | 17,872 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Rochester | Rochester | MI | — | 2,774 | 38,666 | 1,951 | 2,854 | 40,537 | 43,391 | 16,650 | 26,741 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Troy | Troy | MI | — | 1,758 | 23,727 | 2,710 | 1,860 | 26,335 | 28,195 | 10,368 | 17,827 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Edina | Edina | MN | — | 3,181 | 24,224 | 1,362 | 3,305 | 25,462 | 28,767 | 11,412 | 17,355 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of East Brunswick | East Brunswick | NJ | — | 2,784 | 26,173 | 2,582 | 3,040 | 28,499 | 31,539 | 12,190 | 19,349 | 1999 | 2007 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Sunrise of Jackson | Jackson | NJ | — | 4,009 | 15,029 | 1,015 | 4,037 | 16,016 | 20,053 | 4,817 | 15,236 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Morris Plains | Morris Plains | NJ | — | 1,492 | 32,052 | 3,063 | 1,601 | 35,006 | 36,607 | 14,384 | 22,223 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Old Tappan | Old Tappan | NJ | — | 2,985 | 36,795 | 3,247 | 3,177 | 39,850 | 43,027 | 16,082 | 26,945 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Wall | Wall Township | NJ | — | 1,053 | 19,101 | 2,261 | 1,088 | 21,327 | 22,415 | 8,954 | 13,461 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Wayne | Wayne | NJ | — | 1,288 | 24,990 | 3,544 | 1,373 | 28,449 | 29,822 | 11,786 | 18,036 | 1996 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Westfield | Westfield | NJ | — | 5,057 | 23,803 | 3,172 | 5,185 | 26,847 | 32,032 | 11,164 | 20,868 | 1996 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Woodcliff Lake | Woodcliff Lake | NJ | — | 3,493 | 30,801 | 3,110 | 3,692 | 33,712 | 37,404 | 13,755 | 23,649 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of North Lynbrook | Lynbrook | NY | — | 4,622 | 38,087 | 3,461 | 4,700 | 41,470 | 46,170 | 17,189 | 28,981 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Fleetwood | Mount Vernon | NY | — | 4,381 | 28,434 | 2,948 | 4,723 | 31,040 | 35,763 | 13,401 | 22,362 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of New City | New City | NY | — | 1,906 | 27,323 | 2,871 | 1,998 | 30,102 | 32,100 | 12,413 | 19,687 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Smithtown | Smithtown | NY | — | 2,853 | 25,621 | 3,925 | 3,040 | 29,359 | 32,399 | 12,669 | 19,730 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Staten Island | Staten Island | NY | — | 7,237 | 23,910 | 2,044 | 7,292 | 25,899 | 33,191 | 13,668 | 19,523 | 2006 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise on Providence | Charlotte | NC | — | 1,976 | 19,472 | 3,031 | 2,004 | 22,475 | 24,479 | 9,471 | 15,008 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at North Hills | Raleigh | NC | — | 749 | 37,091 | 5,690 | 849 | 42,681 | 43,530 | 18,375 | 25,155 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Parma | Cleveland | OH | — | 695 | 16,641 | 1,613 | 908 | 18,041 | 18,949 | 7,663 | 11,286 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Cuyahoga Falls | Cuyahoga Falls | OH | — | 626 | 10,239 | 2,244 | 862 | 12,247 | 13,109 | 5,331 | 7,778 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Abington | Abington | PA | — | 1,838 | 53,660 | 6,462 | 2,107 | 59,853 | 61,960 | 24,719 | 37,241 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Blue Bell | Blue Bell | PA | — | 1,765 | 23,920 | 3,623 | 1,928 | 27,380 | 29,308 | 11,716 | 17,592 | 2006 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Exton | Exton | PA | — | 1,123 | 17,765 | 2,518 | 1,222 | 20,184 | 21,406 | 8,570 | 12,836 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Haverford | Haverford | PA | — | 941 | 25,872 | 2,660 | 990 | 28,483 | 29,473 | 11,972 | 17,501 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Granite Run | Media | PA | — | 1,272 | 31,781 | 2,770 | 1,441 | 34,382 | 35,823 | 14,240 | 21,583 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Lower Makefield | Morrisville | PA | — | 3,165 | 21,337 | 923 | 3,174 | 22,251 | 25,425 | 6,507 | 18,918 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Westtown | West Chester | PA | — | 1,547 | 22,996 | 2,166 | 1,625 | 25,084 | 26,709 | 10,882 | 15,827 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Hillcrest | Dallas | TX | — | 2,616 | 27,680 | 1,468 | 2,626 | 29,138 | 31,764 | 11,942 | 19,822 | 2006 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Fort Worth | Fort Worth | TX | — | 2,024 | 18,587 | 1,462 | 2,178 | 19,895 | 22,073 | 5,826 | 16,247 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Frisco | Frisco | TX | — | 2,523 | 14,547 | 987 | 2,561 | 15,496 | 18,057 | 4,262 | 13,795 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Cinco Ranch | Katy | TX | — | 2,512 | 21,600 | 1,702 | 2,600 | 23,214 | 25,814 | 6,712 | 19,102 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Holladay | Holladay | UT | — | 2,542 | 44,771 | 1,516 | 2,596 | 46,233 | 48,829 | 12,936 | 35,893 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Sandy | Sandy | UT | — | 2,576 | 22,987 | 522 | 2,646 | 23,439 | 26,085 | 9,660 | 16,425 | 2007 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Alexandria | Alexandria | VA | — | 88 | 14,811 | 3,466 | 244 | 18,121 | 18,365 | 7,660 | 10,705 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Richmond | Richmond | VA | — | 1,120 | 17,446 | 1,325 | 1,224 | 18,667 | 19,891 | 8,079 | 11,812 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise at Bon Air | Richmond | VA | — | 2,047 | 22,079 | 1,270 | 2,032 | 23,364 | 25,396 | 6,779 | 18,617 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Springfield | Springfield | VA | — | 4,440 | 18,834 | 2,888 | 4,545 | 21,617 | 26,162 | 9,332 | 16,830 | 1997 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Lynn Valley | Vancouver | BC | — | 11,759 | 37,424 | (8,153) | 9,366 | 31,664 | 41,030 | 12,957 | 28,073 | 2002 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Vancouver | Vancouver | BC | — | 6,649 | 31,937 | 1,776 | 6,662 | 33,700 | 40,362 | 13,759 | 26,603 | 2005 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Victoria | Victoria | BC | — | 8,332 | 29,970 | (5,550) | 6,725 | 26,027 | 32,752 | 10,806 | 21,946 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Aurora | Aurora | ON | — | 1,570 | 36,113 | (6,537) | 1,347 | 29,799 | 31,146 | 12,149 | 18,997 | 2002 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Burlington | Burlington | ON | — | 1,173 | 24,448 | 1,535 | 1,382 | 25,774 | 27,156 | 10,712 | 16,444 | 2001 | 2007 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Sunrise of Unionville | Markham | ON | — | 2,322 | 41,140 | (7,103) | 2,022 | 34,337 | 36,359 | 14,171 | 22,188 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Mississauga | Mississauga | ON | — | 3,554 | 33,631 | (5,987) | 3,031 | 28,167 | 31,198 | 11,767 | 19,431 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Erin Mills | Mississauga | ON | — | 1,957 | 27,020 | (4,821) | 1,573 | 22,583 | 24,156 | 9,287 | 14,869 | 2007 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Oakville | Oakville | ON | — | 2,753 | 37,489 | 2,355 | 2,955 | 39,642 | 42,597 | 16,229 | 26,368 | 2002 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Richmond Hill | Richmond Hill | ON | — | 2,155 | 41,254 | (7,381) | 1,872 | 34,156 | 36,028 | 14,052 | 21,976 | 2002 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Thornhill | Vaughan | ON | — | 2,563 | 57,513 | (8,900) | 1,507 | 49,669 | 51,176 | 18,985 | 32,191 | 2003 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Sunrise of Windsor | Windsor | ON | — | 1,813 | 20,882 | 2,034 | 2,000 | 22,729 | 24,729 | 9,411 | 15,318 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
TOTAL FOR SUNRISE SENIOR HOUSING COMMUNITIES | — | 245,515 | 2,532,176 | 147,460 | 250,690 | 2,674,461 | 2,925,151 | 1,079,059 | 1,846,092 | ||||||||||||||||||||||||||||||||||||||
ATRIA SENIOR HOUSING COMMUNITIES | |||||||||||||||||||||||||||||||||||||||||||||||
Atria Regency | Mobile | AL | — | 950 | 11,897 | 1,945 | 1,025 | 13,767 | 14,792 | 5,356 | 9,436 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Chandler Villas | Chandler | AZ | — | 3,650 | 8,450 | 2,668 | 3,785 | 10,983 | 14,768 | 5,063 | 9,705 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Sierra Pointe | Scottsdale | AZ | — | 10,930 | 65,372 | 5,786 | 11,021 | 71,067 | 82,088 | 16,386 | 65,702 | 2000 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Atria Campana del Rio | Tucson | AZ | — | 5,861 | 37,284 | 3,478 | 5,992 | 40,631 | 46,623 | 14,693 | 31,930 | 1964 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Valley Manor | Tucson | AZ | — | 1,709 | 60 | 1,115 | 1,815 | 1,069 | 2,884 | 759 | 2,125 | 1963 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Bell Court Gardens | Tucson | AZ | — | 3,010 | 30,969 | 2,737 | 3,063 | 33,653 | 36,716 | 11,201 | 25,515 | 1964 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Burlingame | Burlingame | CA | — | 2,494 | 12,373 | 2,019 | 2,601 | 14,285 | 16,886 | 5,317 | 11,569 | 1977 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Las Posas | Camarillo | CA | — | 4,500 | 28,436 | 1,599 | 4,541 | 29,994 | 34,535 | 9,849 | 24,686 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Carmichael Oaks | Carmichael | CA | — | 2,118 | 49,694 | 4,255 | 2,356 | 53,711 | 56,067 | 14,727 | 41,340 | 1992 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria El Camino Gardens | Carmichael | CA | — | 6,930 | 32,318 | 16,026 | 7,215 | 48,059 | 55,274 | 19,289 | 35,985 | 1984 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Villa Bonita | Chula Vista | CA | — | 2,700 | 7,994 | 1,449 | 1,658 | 10,485 | 12,143 | 3,023 | 9,120 | 1989 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Covina | Covina | CA | — | 170 | 4,131 | 1,029 | 262 | 5,068 | 5,330 | 2,205 | 3,125 | 1977 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Daly City | Daly City | CA | — | 3,090 | 13,448 | 1,369 | 3,116 | 14,791 | 17,907 | 5,313 | 12,594 | 1975 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Covell Gardens | Davis | CA | — | 2,163 | 39,657 | 13,087 | 2,388 | 52,519 | 54,907 | 20,532 | 34,375 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Encinitas | Encinitas | CA | — | 5,880 | 9,212 | 3,046 | 5,952 | 12,186 | 18,138 | 4,620 | 13,518 | 1984 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria North Escondido | Escondido | CA | — | 1,196 | 7,155 | 852 | 1,215 | 7,988 | 9,203 | 2,247 | 6,956 | 2002 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Atria Grass Valley | Grass Valley | CA | — | 1,965 | 28,414 | 1,896 | 2,059 | 30,216 | 32,275 | 8,394 | 23,881 | 2000 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Golden Creek | Irvine | CA | — | 6,900 | 23,544 | 3,307 | 6,946 | 26,805 | 33,751 | 9,249 | 24,502 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Lafayette | Lafayette | CA | — | 5,679 | 56,922 | 2,442 | 6,463 | 58,580 | 65,043 | 15,427 | 49,616 | 2007 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Del Sol | Mission Viejo | CA | — | 3,500 | 12,458 | 8,907 | 3,830 | 21,035 | 24,865 | 10,019 | 14,846 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Newport Plaza | Newport Beach | CA | — | 4,534 | 32,912 | 1,601 | 4,569 | 34,478 | 39,047 | 3,658 | 35,389 | 1989 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Atria Tamalpais Creek | Novato | CA | — | 5,812 | 24,703 | 1,350 | 5,838 | 26,027 | 31,865 | 8,682 | 23,183 | 1978 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Pacific Palisades | Pacific Palisades | CA | — | 4,458 | 17,064 | 1,542 | 4,489 | 18,575 | 23,064 | 8,177 | 14,887 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Atria Palm Desert | Palm Desert | CA | — | 2,887 | 9,843 | 1,760 | 3,145 | 11,345 | 14,490 | 6,211 | 8,279 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hacienda | Palm Desert | CA | — | 6,680 | 85,900 | 4,324 | 6,876 | 90,028 | 96,904 | 28,182 | 68,722 | 1989 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Del Rey | Rancho Cucamonga | CA | — | 3,290 | 17,427 | 5,978 | 3,477 | 23,218 | 26,695 | 10,257 | 16,438 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Mission Hills | Rancho Mirage | CA | — | 1,610 | 9,169 | 798 | 6,800 | 4,777 | 11,577 | 1,717 | 9,860 | 1996 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Atria Rocklin | Rocklin | CA | 17,864 | 4,427 | 52,064 | 1,839 | 4,507 | 53,823 | 58,330 | 11,217 | 47,113 | 2001 | 2015 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Atria La Jolla | San Diego | CA | — | 8,210 | 46,315 | (1,070) | 8,216 | 45,239 | 53,455 | 4,821 | 48,634 | 1984 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Atria Penasquitos | San Diego | CA | — | 2,649 | 24,067 | 2,325 | 2,711 | 26,330 | 29,041 | 2,729 | 26,312 | 1991 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Atria Collwood | San Diego | CA | — | 290 | 10,650 | 1,566 | 348 | 12,158 | 12,506 | 4,660 | 7,846 | 1976 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Rancho Park | San Dimas | CA | — | 4,066 | 14,306 | 2,273 | 4,625 | 16,020 | 20,645 | 6,545 | 14,100 | 1975 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Regency of Evergreen Valley | San Jose | CA | — | 6,800 | 3,637 | 1,299 | 2,707 | 9,029 | 11,736 | 3,217 | 8,519 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Willow Glen | San Jose | CA | — | 8,521 | 43,168 | 3,896 | 8,627 | 46,958 | 55,585 | 14,216 | 41,369 | 1976 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria San Juan | San Juan Capistrano | CA | — | 5,110 | 29,436 | 9,287 | 5,353 | 38,480 | 43,833 | 17,013 | 26,820 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hillsdale | San Mateo | CA | — | 5,240 | 15,956 | 29,714 | 7,042 | 43,868 | 50,910 | 7,720 | 43,190 | 1986 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Santa Clarita | Santa Clarita | CA | — | 3,880 | 38,366 | 1,853 | 3,890 | 40,209 | 44,099 | 8,612 | 35,487 | 2001 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Atria Sunnyvale | Sunnyvale | CA | — | 6,120 | 30,068 | 5,456 | 6,247 | 35,397 | 41,644 | 12,938 | 28,706 | 1977 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Tarzana | Tarzana | CA | — | 960 | 47,547 | 6,714 | 5,861 | 49,360 | 55,221 | 12,761 | 42,460 | 2008 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Vintage Hills | Temecula | CA | — | 4,674 | 44,341 | 3,582 | 4,892 | 47,705 | 52,597 | 13,486 | 39,111 | 2000 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Grand Oaks | Thousand Oaks | CA | — | 5,994 | 50,309 | 1,691 | 6,069 | 51,925 | 57,994 | 14,147 | 43,847 | 2002 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hillcrest | Thousand Oaks | CA | — | 6,020 | 25,635 | 10,655 | 6,624 | 35,686 | 42,310 | 16,628 | 25,682 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Walnut Creek | Walnut Creek | CA | — | 6,910 | 15,797 | 17,635 | 7,642 | 32,700 | 40,342 | 17,960 | 22,382 | 1978 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Valley View | Walnut Creek | CA | — | 7,139 | 53,914 | 3,287 | 7,193 | 57,147 | 64,340 | 25,830 | 38,510 | 1977 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Longmont | Longmont | CO | — | 2,807 | 24,877 | 1,528 | 2,874 | 26,338 | 29,212 | 7,837 | 21,375 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Atria Darien | Darien | CT | — | 653 | 37,587 | 12,387 | 1,202 | 49,425 | 50,627 | 18,589 | 32,038 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Larson Place | Hamden | CT | — | 1,850 | 16,098 | 2,741 | 1,889 | 18,800 | 20,689 | 6,806 | 13,883 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Greenridge Place | Rocky Hill | CT | — | 2,170 | 32,553 | 2,898 | 2,392 | 35,229 | 37,621 | 11,351 | 26,270 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Stamford | Stamford | CT | — | 1,200 | 62,432 | 20,362 | 1,487 | 82,507 | 83,994 | 26,793 | 57,201 | 1975 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Crossroads Place | Waterford | CT | — | 2,401 | 36,495 | 8,089 | 2,577 | 44,408 | 46,985 | 16,966 | 30,019 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hamilton Heights | West Hartford | CT | — | 3,120 | 14,674 | 4,118 | 3,163 | 18,749 | 21,912 | 8,054 | 13,858 | 1904 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Windsor Woods | Hudson | FL | — | 1,610 | 32,432 | 3,959 | 1,744 | 36,257 | 38,001 | 12,508 | 25,493 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Baypoint Village | Hudson | FL | — | 2,083 | 28,841 | 10,180 | 2,369 | 38,735 | 41,104 | 15,605 | 25,499 | 1986 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of San Pablo | Jacksonville | FL | — | 1,620 | 14,920 | 1,365 | 1,660 | 16,245 | 17,905 | 5,499 | 12,406 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of St. Joseph's | Jupiter | FL | — | 5,520 | 30,720 | 2,309 | 5,579 | 32,970 | 38,549 | 9,286 | 29,263 | 2007 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Lady Lake | Lady Lake | FL | — | 3,752 | 26,265 | (14,417) | 3,769 | 11,831 | 15,600 | 5,622 | 9,978 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Lake Forest | Sanford | FL | — | 3,589 | 32,586 | 5,481 | 4,104 | 37,552 | 41,656 | 12,604 | 29,052 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Evergreen Woods | Spring Hill | FL | — | 2,370 | 28,371 | 6,382 | 2,574 | 34,549 | 37,123 | 13,071 | 24,052 | 1981 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria North Point | Alpharetta | GA | 37,704 | 4,830 | 78,318 | 3,689 | 4,868 | 81,969 | 86,837 | 19,856 | 66,981 | 2007 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Atria Buckhead | Atlanta | GA | — | 3,660 | 5,274 | 1,501 | 3,688 | 6,747 | 10,435 | 3,021 | 7,414 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Tucker | Tucker | GA | — | 1,103 | 20,679 | 870 | 1,120 | 21,532 | 22,652 | 6,008 | 16,644 | 2000 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Glen Ellyn | Glen Ellyn | IL | — | 2,455 | 34,064 | 270 | 2,748 | 34,041 | 36,789 | 15,538 | 21,251 | 2000 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Atria Newburgh | Newburgh | IN | — | 1,150 | 22,880 | 1,700 | 1,155 | 24,575 | 25,730 | 7,703 | 18,027 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hearthstone East | Topeka | KS | — | 1,150 | 20,544 | 1,118 | 1,241 | 21,571 | 22,812 | 7,570 | 15,242 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hearthstone West | Topeka | KS | — | 1,230 | 28,379 | 2,668 | 1,267 | 31,010 | 32,277 | 11,155 | 21,122 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Highland Crossing | Covington | KY | — | 1,677 | 14,393 | 1,859 | 1,693 | 16,236 | 17,929 | 6,272 | 11,657 | 1988 | 2011 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Atria Summit Hills | Crestview Hills | KY | — | 1,780 | 15,769 | 1,369 | 1,812 | 17,106 | 18,918 | 6,037 | 12,881 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Elizabethtown | Elizabethtown | KY | — | 850 | 12,510 | 1,038 | 884 | 13,514 | 14,398 | 4,589 | 9,809 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria St. Matthews | Louisville | KY | — | 939 | 9,274 | 1,461 | 968 | 10,706 | 11,674 | 4,610 | 7,064 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Stony Brook | Louisville | KY | — | 1,860 | 17,561 | 1,526 | 1,953 | 18,994 | 20,947 | 6,627 | 14,320 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Springdale | Louisville | KY | — | 1,410 | 16,702 | 1,724 | 1,451 | 18,385 | 19,836 | 6,372 | 13,464 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Kennebunk | Kennebunk | ME | — | 1,090 | 23,496 | 1,745 | 1,159 | 25,172 | 26,331 | 8,496 | 17,835 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Manresa | Annapolis | MD | — | 4,193 | 19,000 | 2,511 | 4,465 | 21,239 | 25,704 | 7,368 | 18,336 | 1920 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Salisbury | Salisbury | MD | — | 1,940 | 24,500 | (3,220) | 1,979 | 21,241 | 23,220 | 7,991 | 15,229 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Marland Place | Andover | MA | — | 1,831 | 34,592 | 19,905 | 1,996 | 54,332 | 56,328 | 25,066 | 31,262 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Longmeadow Place | Burlington | MA | — | 5,310 | 58,021 | 2,305 | 5,387 | 60,249 | 65,636 | 18,432 | 47,204 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Fairhaven | Fairhaven | MA | — | 1,100 | 16,093 | 1,391 | 1,157 | 17,427 | 18,584 | 5,587 | 12,997 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Woodbriar Place | Falmouth | MA | — | 4,630 | 27,314 | 5,936 | 6,433 | 31,447 | 37,880 | 9,746 | 28,134 | 2013 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Woodbriar Park | Falmouth | MA | — | 1,970 | 43,693 | 21,590 | 2,711 | 64,542 | 67,253 | 24,349 | 42,904 | 1975 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Draper Place | Hopedale | MA | — | 1,140 | 17,794 | 1,953 | 1,234 | 19,653 | 20,887 | 6,681 | 14,206 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Merrimack Place | Newburyport | MA | — | 2,774 | 40,645 | 24,722 | 4,319 | 63,822 | 68,141 | 12,969 | 55,172 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Marina Place | Quincy | MA | — | 2,590 | 33,899 | 2,202 | 2,780 | 35,911 | 38,691 | 11,634 | 27,057 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Park of Ann Arbor | Ann Arbor | MI | — | 1,703 | 15,857 | 2,124 | 1,837 | 17,847 | 19,684 | 8,105 | 11,579 | 2001 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Atria Kinghaven | Riverview | MI | — | 1,440 | 26,260 | 3,840 | 1,614 | 29,926 | 31,540 | 10,094 | 21,446 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Seville | Las Vegas | NV | — | — | 796 | 2,085 | 26 | 2,855 | 2,881 | 2,097 | 784 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Summit Ridge | Reno | NV | — | 4 | 407 | 878 | 27 | 1,262 | 1,289 | 939 | 350 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Cranford | Cranford | NJ | — | 8,260 | 61,411 | 5,980 | 8,420 | 67,231 | 75,651 | 22,636 | 53,015 | 1993 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Tinton Falls | Tinton Falls | NJ | — | 6,580 | 13,258 | 1,966 | 6,762 | 15,042 | 21,804 | 6,133 | 15,671 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Shaker | Albany | NY | — | 1,520 | 29,667 | 6,180 | 1,652 | 35,715 | 37,367 | 10,245 | 27,122 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Crossgate | Albany | NY | — | 1,080 | 20,599 | 1,280 | 1,100 | 21,859 | 22,959 | 7,542 | 15,417 | 1980 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Woodlands | Ardsley | NY | 43,744 | 7,660 | 65,581 | 3,559 | 7,718 | 69,082 | 76,800 | 22,346 | 54,454 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Bay Shore | Bay Shore | NY | 15,275 | 4,440 | 31,983 | 3,128 | 4,453 | 35,098 | 39,551 | 11,788 | 27,763 | 1900 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Briarcliff Manor | Briarcliff Manor | NY | — | 6,560 | 33,885 | 3,541 | 6,725 | 37,261 | 43,986 | 12,390 | 31,596 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Riverdale | Bronx | NY | — | 1,020 | 24,149 | 16,674 | 1,084 | 40,759 | 41,843 | 18,224 | 23,619 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Delmar Place | Delmar | NY | — | 1,201 | 24,850 | 1,249 | 1,223 | 26,077 | 27,300 | 6,450 | 20,850 | 2004 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria East Northport | East Northport | NY | — | 9,960 | 34,467 | 20,194 | 10,250 | 54,371 | 64,621 | 19,574 | 45,047 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Glen Cove | Glen Cove | NY | — | 2,035 | 25,190 | 1,594 | 2,066 | 26,753 | 28,819 | 14,990 | 13,829 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Great Neck | Great Neck | NY | — | 3,390 | 54,051 | 28,881 | 3,482 | 82,840 | 86,322 | 25,162 | 61,160 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Cutter Mill | Great Neck | NY | — | 2,750 | 47,919 | 3,865 | 2,761 | 51,773 | 54,534 | 16,113 | 38,421 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Huntington | Huntington Station | NY | — | 8,190 | 1,169 | 2,943 | 8,232 | 4,070 | 12,302 | 3,231 | 9,071 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Hertlin Place | Lake Ronkonkoma | NY | — | 7,886 | 16,391 | 2,622 | 7,889 | 19,010 | 26,899 | 6,071 | 20,828 | 2002 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Atria Lynbrook | Lynbrook | NY | — | 3,145 | 5,489 | 15,273 | 3,176 | 20,731 | 23,907 | 3,144 | 20,763 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Tanglewood | Lynbrook | NY | 22,705 | 4,120 | 37,348 | 1,516 | 4,145 | 38,839 | 42,984 | 12,123 | 30,861 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria West 86 | New York | NY | — | 80 | 73,685 | 7,786 | 167 | 81,384 | 81,551 | 27,323 | 54,228 | 1998 | 2011 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Atria on the Hudson | Ossining | NY | — | 8,123 | 63,089 | 5,583 | 8,217 | 68,578 | 76,795 | 23,548 | 53,247 | 1972 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Plainview | Plainview | NY | — | 2,480 | 16,060 | 2,445 | 2,666 | 18,319 | 20,985 | 6,496 | 14,489 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Rye Brook | Port Chester | NY | — | 9,660 | 74,936 | 3,632 | 9,751 | 78,477 | 88,228 | 24,361 | 63,867 | 2004 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Kew Gardens | Queens | NY | — | 3,051 | 66,013 | 9,460 | 3,081 | 75,443 | 78,524 | 25,005 | 53,519 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Forest Hills | Queens | NY | — | 2,050 | 16,680 | 2,312 | 2,074 | 18,968 | 21,042 | 6,487 | 14,555 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria on Roslyn Harbor | Roslyn | NY | 65,000 | 12,909 | 72,720 | 3,143 | 12,974 | 75,798 | 88,772 | 23,819 | 64,953 | 2006 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Guilderland | Slingerlands | NY | — | 1,170 | 22,414 | 1,027 | 1,210 | 23,401 | 24,611 | 7,540 | 17,071 | 1950 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria South Setauket | South Setauket | NY | — | 8,450 | 14,534 | 2,347 | 8,842 | 16,489 | 25,331 | 7,528 | 17,803 | 1967 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Southpoint Walk | Durham | NC | — | 2,130 | 25,920 | 1,673 | 2,135 | 27,588 | 29,723 | 7,806 | 21,917 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Oakridge | Raleigh | NC | — | 1,482 | 28,838 | 1,803 | 1,519 | 30,604 | 32,123 | 8,750 | 23,373 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Bethlehem | Bethlehem | PA | — | 2,479 | 22,870 | 1,466 | 2,500 | 24,315 | 26,815 | 8,353 | 18,462 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Center City | Philadelphia | PA | — | 3,460 | 18,291 | 18,490 | 3,535 | 36,706 | 40,241 | 13,623 | 26,618 | 1964 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria South Hills | Pittsburgh | PA | — | 880 | 10,884 | 1,187 | 940 | 12,011 | 12,951 | 4,512 | 8,439 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Bay Spring Village | Barrington | RI | — | 2,000 | 33,400 | 3,245 | 2,103 | 36,542 | 38,645 | 13,037 | 25,608 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Harborhill | East Greenwich | RI | — | 2,089 | 21,702 | 2,003 | 2,186 | 23,608 | 25,794 | 8,175 | 17,619 | 1835 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Lincoln Place | Lincoln | RI | — | 1,440 | 12,686 | 1,615 | 1,475 | 14,266 | 15,741 | 5,461 | 10,280 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Aquidneck Place | Portsmouth | RI | — | 2,810 | 31,623 | 1,358 | 2,814 | 32,977 | 35,791 | 10,251 | 25,540 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Forest Lake | Columbia | SC | — | 670 | 13,946 | 1,211 | 693 | 15,134 | 15,827 | 4,988 | 10,839 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Weston Place | Knoxville | TN | — | 793 | 7,961 | 1,655 | 969 | 9,440 | 10,409 | 3,559 | 6,850 | 1993 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria at the Arboretum | Austin | TX | — | 8,280 | 61,764 | 3,715 | 8,377 | 65,382 | 73,759 | 18,129 | 55,630 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Atria Carrollton | Carrollton | TX | 5,108 | 360 | 20,465 | 1,882 | 370 | 22,337 | 22,707 | 7,588 | 15,119 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Grapevine | Grapevine | TX | — | 2,070 | 23,104 | 2,109 | 2,092 | 25,191 | 27,283 | 8,020 | 19,263 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Westchase | Houston | TX | — | 2,318 | 22,278 | 1,653 | 2,347 | 23,902 | 26,249 | 8,030 | 18,219 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Cinco Ranch | Katy | TX | — | 3,171 | 73,287 | 2,195 | 3,201 | 75,452 | 78,653 | 14,713 | 63,940 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Atria Kingwood | Kingwood | TX | — | 1,170 | 4,518 | 1,141 | 1,213 | 5,616 | 6,829 | 2,397 | 4,432 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria at Hometown | North Richland Hills | TX | — | 1,932 | 30,382 | 3,130 | 1,963 | 33,481 | 35,444 | 9,642 | 25,802 | 2007 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Canyon Creek | Plano | TX | — | 3,110 | 45,999 | 3,932 | 3,148 | 49,893 | 53,041 | 14,590 | 38,451 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Atria Cypresswood | Spring | TX | — | 880 | 9,192 | 680 | 984 | 9,768 | 10,752 | 3,938 | 6,814 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Sugar Land | Sugar Land | TX | — | 970 | 17,542 | 1,110 | 980 | 18,642 | 19,622 | 6,211 | 13,411 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Copeland | Tyler | TX | — | 1,879 | 17,901 | 2,239 | 1,913 | 20,106 | 22,019 | 6,642 | 15,377 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Willow Park | Tyler | TX | — | 920 | 31,271 | 2,041 | 986 | 33,246 | 34,232 | 11,078 | 23,154 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Atria Virginia Beach | Virginia Beach | VA | — | 1,749 | 33,004 | 1,162 | 1,815 | 34,100 | 35,915 | 11,130 | 24,785 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Arbour Lake | Calgary | AB | — | 2,512 | 39,188 | (2,110) | 2,304 | 37,286 | 39,590 | 8,334 | 31,256 | 2003 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Canyon Meadows | Calgary | AB | — | 1,617 | 30,803 | (1,473) | 1,483 | 29,464 | 30,947 | 6,879 | 24,068 | 1995 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Churchill Manor | Edmonton | AB | — | 2,865 | 30,482 | (1,423) | 2,627 | 29,297 | 31,924 | 6,693 | 25,231 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The View at Lethbridge | Lethbridge | AB | — | 2,503 | 24,770 | (1,135) | 2,306 | 23,832 | 26,138 | 5,791 | 20,347 | 2007 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Victoria Park | Red Deer | AB | — | 1,188 | 22,554 | (268) | 1,087 | 22,387 | 23,474 | 5,565 | 17,909 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Ironwood Estates | St. Albert | AB | — | 3,639 | 22,519 | (462) | 3,360 | 22,336 | 25,696 | 5,574 | 20,122 | 1998 | 2014 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Longlake Chateau | Nanaimo | BC | — | 1,874 | 22,910 | (761) | 1,717 | 22,306 | 24,023 | 5,661 | 18,362 | 1990 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Prince George Chateau | Prince George | BC | — | 2,066 | 22,761 | (786) | 1,891 | 22,150 | 24,041 | 5,493 | 18,548 | 2005 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Victorian | Victoria | BC | — | 3,419 | 16,351 | (132) | 3,162 | 16,476 | 19,638 | 4,406 | 15,232 | 1988 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Victorian at McKenzie | Victoria | BC | — | 4,801 | 25,712 | (709) | 4,394 | 25,410 | 29,804 | 6,251 | 23,553 | 2003 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Riverheights Terrace | Brandon | MB | — | 799 | 27,708 | (750) | 735 | 27,022 | 27,757 | 6,492 | 21,265 | 2001 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Amber Meadow | Winnipeg | MB | — | 3,047 | 17,821 | (22) | 2,789 | 18,057 | 20,846 | 5,118 | 15,728 | 2000 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Westhaven | Winnipeg | MB | — | 871 | 23,162 | (222) | 829 | 22,982 | 23,811 | 5,611 | 18,200 | 1988 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Ste. Anne's Court | Fredericton | NB | — | 1,221 | 29,626 | (1,216) | 1,129 | 28,502 | 29,631 | 6,787 | 22,844 | 2002 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Chateau de Champlain | St. John | NB | — | 796 | 24,577 | (324) | 746 | 24,303 | 25,049 | 6,121 | 18,928 | 2002 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Court at Brooklin | Brooklin | ON | — | 2,515 | 35,602 | (1,118) | 2,539 | 34,460 | 36,999 | 7,905 | 29,094 | 2004 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Burlington Gardens | Burlington | ON | — | 7,560 | 50,744 | (3,211) | 6,925 | 48,168 | 55,093 | 10,423 | 44,670 | 2008 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Court at Rushdale | Hamilton | ON | — | 1,799 | 34,633 | (1,486) | 1,643 | 33,303 | 34,946 | 7,735 | 27,211 | 2004 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Kingsdale Chateau | Kingston | ON | — | 2,221 | 36,272 | (1,440) | 2,097 | 34,956 | 37,053 | 8,044 | 29,009 | 2000 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Court at Barrhaven | Nepean | ON | — | 1,778 | 33,922 | (1,241) | 1,685 | 32,774 | 34,459 | 7,818 | 26,641 | 2004 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Crystal View Lodge | Nepean | ON | — | 1,587 | 37,243 | (799) | 1,669 | 36,362 | 38,031 | 8,277 | 29,754 | 2000 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Stamford Estates | Niagara Falls | ON | — | 1,414 | 29,439 | (1,145) | 1,291 | 28,417 | 29,708 | 6,498 | 23,210 | 2005 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Sherbrooke Heights | Peterborough | ON | — | 2,485 | 33,747 | (1,250) | 2,277 | 32,705 | 34,982 | 7,745 | 27,237 | 2001 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Anchor Pointe | St. Catharines | ON | — | 8,214 | 24,056 | (349) | 7,544 | 24,377 | 31,921 | 6,128 | 25,793 | 2000 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Court at Pringle Creek | Whitby | ON | — | 2,965 | 39,206 | (2,347) | 2,780 | 37,044 | 39,824 | 8,495 | 31,329 | 2002 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
La Residence Steger | Saint-Laurent | QC | — | 1,995 | 10,926 | 1,542 | 1,926 | 12,537 | 14,463 | 3,906 | 10,557 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Mulberry Estates | Moose Jaw | SK | — | 2,173 | 31,791 | (1,371) | 2,094 | 30,499 | 32,593 | 7,219 | 25,374 | 2003 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Queen Victoria Estates | Regina | SK | — | 3,018 | 34,109 | (1,523) | 2,770 | 32,834 | 35,604 | 7,644 | 27,960 | 2000 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Chateau | Saskatoon | SK | — | 2,611 | 32,729 | (899) | 2,459 | 31,982 | 34,441 | 7,458 | 26,983 | 1996 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Amberwood | Port Richey | Florida | — | 1,320 | — | — | 1,320 | — | 1,320 | — | 1,320 | N/A | 2011 | N/A | |||||||||||||||||||||||||||||||||
Atria Development & Construction Fees | — | — | 163 | — | — | 163 | 163 | — | 163 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||||
TOTAL FOR ATRIA SENIOR HOUSING COMMUNITIES | 207,400 | 535,915 | 4,731,839 | 568,954 | 556,362 | 5,280,346 | 5,836,708 | 1,657,519 | 4,179,189 | ||||||||||||||||||||||||||||||||||||||
OTHER SENIOR HOUSING COMMUNITIES | |||||||||||||||||||||||||||||||||||||||||||||||
Elmcroft of Grayson Valley | Birmingham | AL | — | 1,040 | 19,145 | (4,072) | 1,046 | 15,067 | 16,113 | 6,102 | 10,011 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Byrd Springs | Hunstville | AL | — | 1,720 | 11,270 | 1,443 | 1,729 | 12,704 | 14,433 | 4,253 | 10,180 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Heritage Woods | Mobile | AL | — | 1,020 | 10,241 | 1,217 | 1,027 | 11,451 | 12,478 | 3,814 | 8,664 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Rosewood Manor | Scottsboro | AL | — | 680 | 4,038 | — | 680 | 4,038 | 4,718 | 1,202 | 3,516 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Chandler Memory Care Community | Chandler | AZ | — | 2,910 | 8,882 | 184 | 3,094 | 8,882 | 11,976 | 2,681 | 9,295 | 2012 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Silver Creek Inn Memory Care Community | Gilbert | AZ | — | 890 | 5,918 | — | 890 | 5,918 | 6,808 | 1,664 | 5,144 | 2012 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Green Valley | Green Valley | AZ | — | 1,227 | 13,977 | — | 1,227 | 13,977 | 15,204 | 2,779 | 12,425 | 1998 | 2014 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Prestige Assisted Living at Lake Havasu City | Lake Havasu | AZ | — | 594 | 14,792 | — | 594 | 14,792 | 15,386 | 2,925 | 12,461 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Rose | Mesa | AZ | — | 1,100 | 11,880 | 2,434 | 1,100 | 14,314 | 15,414 | 5,874 | 9,540 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Stratford | Phoenix | AZ | — | 1,931 | 33,576 | 1,221 | 1,931 | 34,797 | 36,728 | 6,765 | 29,963 | 2001 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Amber Creek Inn Memory Care | Scottsdale | AZ | — | 2,310 | 6,322 | 677 | 2,185 | 7,124 | 9,309 | 1,236 | 8,073 | 1986 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Sierra Vista | Sierra Vista | AZ | — | 295 | 13,224 | — | 295 | 13,224 | 13,519 | 2,610 | 10,909 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Rock Creek Memory Care Community | Surprise | AZ | 9,687 | 826 | 16,353 | 3 | 826 | 16,356 | 17,182 | 1,666 | 15,516 | 2017 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Tempe | Tempe | AZ | — | 1,090 | 12,942 | 1,846 | 1,098 | 14,780 | 15,878 | 4,861 | 11,017 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of River Centre | Tucson | AZ | — | 1,940 | 5,195 | 1,374 | 1,940 | 6,569 | 8,509 | 2,549 | 5,960 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
West Shores | Hot Springs | AR | — | 1,326 | 10,904 | 2,091 | 1,326 | 12,995 | 14,321 | 5,572 | 8,749 | 1988 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Maumelle | Maumelle | AR | — | 1,252 | 7,601 | 682 | 1,359 | 8,176 | 9,535 | 3,346 | 6,189 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Mountain Home | Mountain Home | AR | — | 204 | 8,971 | 521 | 204 | 9,492 | 9,696 | 3,889 | 5,807 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Sherwood | Sherwood | AR | — | 1,320 | 5,693 | 623 | 1,323 | 6,313 | 7,636 | 2,603 | 5,033 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Sierra Ridge Memory Care | Auburn | CA | — | 681 | 6,071 | — | 681 | 6,071 | 6,752 | 1,211 | 5,541 | 2011 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Careage Banning | Banning | CA | — | 2,970 | 16,037 | — | 2,970 | 16,037 | 19,007 | 5,038 | 13,969 | 2004 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Las Villas Del Carlsbad | Carlsbad | CA | — | 1,760 | 30,469 | 5,561 | 1,890 | 35,900 | 37,790 | 13,124 | 24,666 | 1987 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Chico | Chico | CA | — | 1,069 | 14,929 | — | 1,069 | 14,929 | 15,998 | 2,962 | 13,036 | 1998 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Meadows Senior Living | Elk Grove | CA | — | 1,308 | 19,667 | — | 1,308 | 19,667 | 20,975 | 3,868 | 17,107 | 2003 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Alder Bay Assisted Living | Eureka | CA | — | 1,170 | 5,228 | (70) | 1,170 | 5,158 | 6,328 | 1,729 | 4,599 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Cedarbrook | Fresno | CA | — | 1,652 | 12,613 | — | 1,652 | 12,613 | 14,265 | 1,625 | 12,640 | 2014 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of La Mesa | La Mesa | CA | — | 2,431 | 6,101 | (1,369) | 2,431 | 4,732 | 7,163 | 2,536 | 4,627 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Grossmont Gardens | La Mesa | CA | — | 9,104 | 59,349 | 3,631 | 9,115 | 62,969 | 72,084 | 25,444 | 46,640 | 1964 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Palms, The | La Mirada | CA | — | 2,700 | 43,919 | (260) | 2,700 | 43,659 | 46,359 | 9,321 | 37,038 | 1990 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Lancaster | Lancaster | CA | — | 718 | 10,459 | — | 718 | 10,459 | 11,177 | 2,075 | 9,102 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Marysville | Marysville | CA | — | 741 | 7,467 | — | 741 | 7,467 | 8,208 | 1,487 | 6,721 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Mountview Retirement Residence | Montrose | CA | — | 1,089 | 15,449 | 3,208 | 1,089 | 18,657 | 19,746 | 6,603 | 13,143 | 1974 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Redwood Retirement | Napa | CA | — | 2,798 | 12,639 | 133 | 2,798 | 12,772 | 15,570 | 2,711 | 12,859 | 1986 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Oroville | Oroville | CA | — | 638 | 8,079 | — | 638 | 8,079 | 8,717 | 1,605 | 7,112 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Valencia Commons | Rancho Cucamonga | CA | — | 1,439 | 36,363 | (418) | 1,439 | 35,945 | 37,384 | 7,687 | 29,697 | 2002 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Shasta Estates | Redding | CA | — | 1,180 | 23,463 | (58) | 1,180 | 23,405 | 24,585 | 4,983 | 19,602 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
The Vistas | Redding | CA | — | 1,290 | 22,033 | — | 1,290 | 22,033 | 23,323 | 6,561 | 16,762 | 2007 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Point Loma | San Diego | CA | — | 2,117 | 6,865 | (1,416) | 16 | 7,550 | 7,566 | 2,935 | 4,631 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Villa Santa Barbara | Santa Barbara | CA | — | 1,219 | 12,426 | 5,357 | 1,219 | 17,783 | 19,002 | 6,522 | 12,480 | 1977 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Oak Terrace Memory Care | Soulsbyville | CA | — | 1,146 | 5,275 | — | 1,146 | 5,275 | 6,421 | 1,067 | 5,354 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Skyline Place Senior Living | Sonora | CA | — | 1,815 | 28,472 | — | 1,815 | 28,472 | 30,287 | 5,620 | 24,667 | 1996 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Eagle Lake Village | Susanville | CA | — | 1,165 | 6,719 | — | 1,165 | 6,719 | 7,884 | 1,778 | 6,106 | 2006 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Bonaventure, The | Ventura | CA | — | 5,294 | 32,747 | (496) | 5,294 | 32,251 | 37,545 | 6,936 | 30,609 | 2005 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Sterling Inn | Victorville | CA | 12,558 | 733 | 18,564 | 6,925 | 733 | 25,489 | 26,222 | 2,514 | 23,708 | 1992 | 2017 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Sterling Commons | Victorville | CA | 5,850 | 768 | 13,124 | — | 768 | 13,124 | 13,892 | 1,632 | 12,260 | 1994 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Visalia | Visalia | CA | — | 1,300 | 8,378 | — | 1,300 | 8,378 | 9,678 | 1,679 | 7,999 | 1998 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Highland Trail | Broomfield | CO | — | 2,511 | 26,431 | (370) | 2,511 | 26,061 | 28,572 | 5,596 | 22,976 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Caley Ridge | Englewood | CO | — | 1,157 | 13,133 | — | 1,157 | 13,133 | 14,290 | 3,476 | 10,814 | 1999 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Garden Square at Westlake | Greeley | CO | — | 630 | 8,211 | — | 630 | 8,211 | 8,841 | 2,530 | 6,311 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Garden Square of Greeley | Greeley | CO | — | 330 | 2,735 | — | 330 | 2,735 | 3,065 | 848 | 2,217 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Lakewood Estates | Lakewood | CO | — | 1,306 | 21,137 | (2) | 1,306 | 21,135 | 22,441 | 4,508 | 17,933 | 1988 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Sugar Valley Estates | Loveland | CO | — | 1,255 | 21,837 | (240) | 1,255 | 21,597 | 22,852 | 4,627 | 18,225 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Devonshire Acres | Sterling | CO | — | 950 | 10,092 | 555 | 965 | 10,632 | 11,597 | 3,481 | 8,116 | 1979 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Hearth at Gardenside | Branford | CT | — | 7,000 | 31,518 | — | 7,000 | 31,518 | 38,518 | 9,377 | 29,141 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Hearth at Tuxis Pond | Madison | CT | — | 1,610 | 44,322 | — | 1,610 | 44,322 | 45,932 | 12,695 | 33,237 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
White Oaks | Manchester | CT | — | 2,584 | 34,507 | (474) | 2,584 | 34,033 | 36,617 | 7,302 | 29,315 | 2007 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Hampton Manor Belleview | Belleview | FL | — | 390 | 8,337 | 100 | 390 | 8,437 | 8,827 | 2,539 | 6,288 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Sabal House | Cantonment | FL | — | 430 | 5,902 | — | 430 | 5,902 | 6,332 | 1,760 | 4,572 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Bristol Park of Coral Springs | Coral Springs | FL | — | 3,280 | 11,877 | 2,372 | 3,280 | 14,249 | 17,529 | 4,077 | 13,452 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Stanley House | Defuniak Springs | FL | — | 410 | 5,659 | — | 410 | 5,659 | 6,069 | 1,685 | 4,384 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Barrington Terrace of Ft. Myers | Fort Myers | FL | — | 2,105 | 18,190 | 1,659 | 2,110 | 19,844 | 21,954 | 4,860 | 17,094 | 2001 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
The Peninsula | Hollywood | FL | — | 3,660 | 9,122 | 1,416 | 3,660 | 10,538 | 14,198 | 3,499 | 10,699 | 1972 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Timberlin Parc | Jacksonville | FL | — | 455 | 5,905 | 641 | 455 | 6,546 | 7,001 | 2,714 | 4,287 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Forsyth House | Milton | FL | — | 610 | 6,503 | — | 610 | 6,503 | 7,113 | 1,923 | 5,190 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Barrington Terrace of Naples | Naples | FL | — | 2,596 | 18,716 | 1,750 | 2,610 | 20,452 | 23,062 | 4,535 | 18,527 | 2004 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
The Carlisle Naples | Naples | FL | — | 8,406 | 78,091 | — | 8,406 | 78,091 | 86,497 | 22,458 | 64,039 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Naples ALZ Development | Naples | FL | — | 2,983 | — | — | 2,983 | — | 2,983 | — | 2,983 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Hampton Manor at 24th Road | Ocala | FL | — | 690 | 8,767 | 121 | 690 | 8,888 | 9,578 | 2,613 | 6,965 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Hampton Manor at Deerwood | Ocala | FL | — | 790 | 5,605 | 3,818 | 983 | 9,230 | 10,213 | 2,550 | 7,663 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Las Palmas | Palm Coast | FL | — | 984 | 30,009 | (219) | 984 | 29,790 | 30,774 | 6,358 | 24,416 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Pensacola | Pensacola | FL | — | 2,230 | 2,362 | 997 | 2,240 | 3,349 | 5,589 | 1,143 | 4,446 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Magnolia House | Quincy | FL | — | 400 | 5,190 | — | 400 | 5,190 | 5,590 | 1,567 | 4,023 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Tallahassee | Tallahassee | FL | — | 2,430 | 17,745 | 435 | 2,448 | 18,162 | 20,610 | 5,465 | 15,145 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Tallahassee Memory Care | Tallahassee | FL | — | 640 | 8,013 | (5,473) | 653 | 2,527 | 3,180 | 2,153 | 1,027 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Bristol Park of Tamarac | Tamarac | FL | — | 3,920 | 14,130 | 2,207 | 3,920 | 16,337 | 20,257 | 4,720 | 15,537 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Carrolwood | Tampa | FL | — | 5,410 | 20,944 | (7,544) | 5,417 | 13,393 | 18,810 | 6,992 | 11,818 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Terrace of Athens | Athens | GA | — | 1,767 | 16,442 | 683 | 1,777 | 17,115 | 18,892 | 3,775 | 15,117 | 1998 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Terrace at Cascade | Atlanta | GA | — | 3,052 | 9,040 | 956 | 3,057 | 9,991 | 13,048 | 3,089 | 9,959 | 1999 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Augusta Gardens | Augusta | GA | — | 530 | 10,262 | 308 | 543 | 10,557 | 11,100 | 3,286 | 7,814 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Benton House of Covington | Covington | GA | — | 1,297 | 11,397 | 441 | 1,298 | 11,837 | 13,135 | 2,676 | 10,459 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Terrace of Decatur | Decatur | GA | — | 3,102 | 19,599 | (403) | 1,298 | 21,000 | 22,298 | 4,459 | 17,839 | 1990 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Benton House of Douglasville | Douglasville | GA | — | 1,697 | 15,542 | 224 | 1,697 | 15,766 | 17,463 | 3,394 | 14,069 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Martinez | Martinez | GA | — | 408 | 6,764 | 1,054 | 408 | 7,818 | 8,226 | 2,885 | 5,341 | 1997 | 2007 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Benton House of Newnan | Newnan | GA | — | 1,474 | 17,487 | 319 | 1,487 | 17,793 | 19,280 | 3,766 | 15,514 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Roswell | Roswell | GA | — | 1,867 | 15,835 | 806 | 1,880 | 16,628 | 18,508 | 3,357 | 15,151 | 1997 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Benton Village of Stockbridge | Stockbridge | GA | — | 2,221 | 21,989 | 868 | 2,232 | 22,846 | 25,078 | 5,041 | 20,037 | 2008 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Benton House of Sugar Hill | Sugar Hill | GA | — | 2,173 | 14,937 | 265 | 2,183 | 15,192 | 17,375 | 3,446 | 13,929 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of St. James - Breese, IL | Breese | IL | — | 671 | 6,849 | — | 671 | 6,849 | 7,520 | 1,657 | 5,863 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of Holly Brook - Chatham, IL | Chatham | IL | — | 1,185 | 8,910 | — | 1,185 | 8,910 | 10,095 | 2,240 | 7,855 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of Holly Brook - Effingham, IL | Effingham | IL | — | 508 | 6,624 | — | 508 | 6,624 | 7,132 | 1,565 | 5,567 | 2011 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of Holly Brook - Herrin, IL | Herrin | IL | — | 2,175 | 9,605 | — | 2,175 | 9,605 | 11,780 | 2,798 | 8,982 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of Holly Brook - Marshall, IL | Marshall | IL | — | 1,461 | 4,881 | — | 1,461 | 4,881 | 6,342 | 1,630 | 4,712 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of Holly Brook - Newton, IL | Newton | IL | — | 458 | 4,590 | — | 458 | 4,590 | 5,048 | 1,197 | 3,851 | 2011 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Rochester Senior Living at Wyndcrest | Rochester | IL | — | 570 | 6,536 | 249 | 570 | 6,785 | 7,355 | 1,642 | 5,713 | 2005 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Villas of Holly Brook, Shelbyville, IL | Shelbyville | IL | — | 2,292 | 3,351 | — | 2,292 | 3,351 | 5,643 | 1,810 | 3,833 | 2011 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Muncie | Muncie | IN | — | 244 | 11,218 | 1,121 | 324 | 12,259 | 12,583 | 4,664 | 7,919 | 1998 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Wood Ridge | South Bend | IN | — | 590 | 4,850 | (35) | 590 | 4,815 | 5,405 | 1,469 | 3,936 | 1990 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Florence (KY) | Florence | KY | — | 1,535 | 21,826 | 1,067 | 1,581 | 22,847 | 24,428 | 4,637 | 19,791 | 2010 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Hartland Hills | Lexington | KY | — | 1,468 | 23,929 | (368) | 1,468 | 23,561 | 25,029 | 5,054 | 19,975 | 2001 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Mount Washington | Mount Washington | KY | — | 758 | 12,048 | 840 | 758 | 12,888 | 13,646 | 2,755 | 10,891 | 2005 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Clover Healthcare | Auburn | ME | — | 1,400 | 26,895 | 876 | 1,400 | 27,771 | 29,171 | 8,731 | 20,440 | 1982 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Gorham House | Gorham | ME | — | 1,360 | 33,147 | 1,472 | 1,527 | 34,452 | 35,979 | 9,873 | 26,106 | 1990 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Kittery Estates | Kittery | ME | — | 1,531 | 30,811 | (321) | 1,557 | 30,464 | 32,021 | 6,525 | 25,496 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Woods at Canco | Portland | ME | — | 1,441 | 45,578 | (676) | 1,474 | 44,869 | 46,343 | 9,616 | 36,727 | 2000 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Sentry Inn at York Harbor | York Harbor | ME | — | 3,490 | 19,869 | — | 3,490 | 19,869 | 23,359 | 5,806 | 17,553 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Hagerstown | Hagerstown | MD | — | 2,010 | 1,293 | 561 | 1,996 | 1,868 | 3,864 | 734 | 3,130 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Heritage Woods | Agawam | MA | — | 1,249 | 4,625 | — | 1,249 | 4,625 | 5,874 | 2,818 | 3,056 | 1997 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Devonshire Estates | Lenox | MA | — | 1,832 | 31,124 | (332) | 1,832 | 30,792 | 32,624 | 6,590 | 26,034 | 1998 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Downriver | Brownstown Charter Township | MI | — | 320 | 32,652 | 1,360 | 371 | 33,961 | 34,332 | 9,983 | 24,349 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Independence Village of East Lansing | East Lansing | MI | — | 1,956 | 18,122 | 423 | 1,956 | 18,545 | 20,501 | 4,880 | 15,621 | 1989 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Austin | Austin | MN | — | 2,540 | 11,707 | 443 | 2,540 | 12,150 | 14,690 | 3,540 | 11,150 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Duluth | Duluth | MN | — | 6,190 | 8,296 | 257 | 6,245 | 8,498 | 14,743 | 2,774 | 11,969 | 2003 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Mankato | Mankato | MN | — | 1,860 | 8,920 | 352 | 1,860 | 9,272 | 11,132 | 2,985 | 8,147 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Lodge at White Bear | White Bear Lake | MN | — | 732 | 24,999 | (129) | 737 | 24,865 | 25,602 | 5,304 | 20,298 | 2002 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Assisted Living at the Meadowlands - O'Fallon, MO | O'Fallon | MO | — | 2,326 | 14,158 | — | 2,326 | 14,158 | 16,484 | 3,499 | 12,985 | 1999 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Canyon Creek Inn Memory Care | Billings | MT | — | 420 | 11,217 | 7 | 420 | 11,224 | 11,644 | 3,193 | 8,451 | 2011 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Spring Creek Inn Alzheimer's Community | Bozeman | MT | — | 1,345 | 16,877 | — | 1,345 | 16,877 | 18,222 | 2,162 | 16,060 | 2010 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
The Springs at Missoula | Missoula | MT | 15,616 | 1,975 | 34,390 | 2,076 | 1,975 | 36,466 | 38,441 | 9,733 | 28,708 | 2004 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Crown Pointe | Omaha | NE | — | 1,316 | 11,950 | 3,118 | 1,316 | 15,068 | 16,384 | 6,042 | 10,342 | 1985 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Prestige Assisted Living at Mira Loma | Henderson | NV | — | 1,279 | 12,558 | — | 1,279 | 12,558 | 13,837 | 2,006 | 11,831 | 1998 | 2016 | 35 years | |||||||||||||||||||||||||||||||||
Birch Heights | Derry | NH | — | 1,413 | 30,267 | (304) | 1,413 | 29,963 | 31,376 | 6,414 | 24,962 | 2009 | 2013 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Bear Canyon Estates | Albuquerque | NM | — | 1,879 | 36,223 | (368) | 1,879 | 35,855 | 37,734 | 7,664 | 30,070 | 1997 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
The Woodmark at Uptown | Albuquerque | NM | — | 2,439 | 33,276 | 2,081 | 2,471 | 35,325 | 37,796 | 7,231 | 30,565 | 2000 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Quintessence | Albuquerque | NM | — | 1,150 | 26,527 | 1,195 | 1,184 | 27,688 | 28,872 | 8,271 | 20,601 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Amberleigh | Buffalo | NY | — | 3,498 | 19,097 | 7,269 | 3,512 | 26,352 | 29,864 | 9,858 | 20,006 | 1988 | 2005 | 35 years | |||||||||||||||||||||||||||||||||
Brookdale Battery Park City | New York | NY | 116,100 | 2,903 | 186,978 | 1,490 | 2,913 | 188,458 | 191,371 | 14,043 | 177,328 | 2000 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
The Hearth at Castle Gardens | Vestal | NY | — | 1,830 | 20,312 | 2,230 | 1,885 | 22,487 | 24,372 | 8,251 | 16,121 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Asheboro | Asheboro | NC | — | 680 | 15,370 | 522 | 694 | 15,878 | 16,572 | 4,329 | 12,243 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Terrace of Asheville | Asheville | NC | — | 1,365 | 15,679 | 924 | 1,365 | 16,603 | 17,968 | 3,754 | 14,214 | 1998 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Little Avenue | Charlotte | NC | — | 250 | 5,077 | 510 | 250 | 5,587 | 5,837 | 2,305 | 3,532 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Cramer Mountain | Cramerton | NC | — | 530 | 18,225 | 225 | 553 | 18,427 | 18,980 | 5,049 | 13,931 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Harrisburg | Harrisburg | NC | — | 1,660 | 15,130 | 711 | 1,685 | 15,816 | 17,501 | 4,310 | 13,191 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Hendersonville (NC) | Hendersonville | NC | — | 2,210 | 7,372 | 336 | 2,236 | 7,682 | 9,918 | 2,187 | 7,731 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Hillsborough | Hillsborough | NC | — | 1,450 | 19,754 | 383 | 1,470 | 20,117 | 21,587 | 5,533 | 16,054 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Willow Grove | Matthews | NC | — | 763 | 27,544 | (274) | 763 | 27,270 | 28,033 | 5,834 | 22,199 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Newton | Newton | NC | — | 540 | 14,935 | 418 | 544 | 15,349 | 15,893 | 4,188 | 11,705 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Independence Village of Olde Raleigh | Raleigh | NC | — | 1,989 | 18,648 | 7 | 1,989 | 18,655 | 20,644 | 4,843 | 15,801 | 1991 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Northridge | Raleigh | NC | — | 184 | 3,592 | 2,357 | 207 | 5,926 | 6,133 | 2,113 | 4,020 | 1984 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Salisbury | Salisbury | NC | — | 1,580 | 25,026 | 394 | 1,580 | 25,420 | 27,000 | 6,939 | 20,061 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Shelby | Shelby | NC | — | 660 | 15,471 | 488 | 675 | 15,944 | 16,619 | 4,334 | 12,285 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Southern Pines | Southern Pines | NC | — | 1,196 | 10,766 | 966 | 1,210 | 11,718 | 12,928 | 3,674 | 9,254 | 1998 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Southport | Southport | NC | — | 1,330 | 10,356 | 253 | 1,349 | 10,590 | 11,939 | 2,984 | 8,955 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Bismarck | Bismarck | ND | — | 1,210 | 9,768 | 255 | 1,210 | 10,023 | 11,233 | 3,042 | 8,191 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Wellington ALF - Minot ND | Minot | ND | — | 3,241 | 9,509 | — | 3,241 | 9,509 | 12,750 | 2,745 | 10,005 | 2005 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Lima | Lima | OH | — | 490 | 3,368 | 553 | 495 | 3,916 | 4,411 | 1,623 | 2,788 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Ontario | Mansfield | OH | — | 523 | 7,968 | 599 | 524 | 8,566 | 9,090 | 3,482 | 5,608 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Medina | Medina | OH | — | 661 | 9,788 | 706 | 661 | 10,494 | 11,155 | 4,322 | 6,833 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Washington Township | Miamisburg | OH | — | 1,235 | 12,611 | 743 | 1,236 | 13,353 | 14,589 | 5,479 | 9,110 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Sagamore Hills | Sagamore Hills | OH | — | 980 | 12,604 | 995 | 998 | 13,581 | 14,579 | 5,569 | 9,010 | 2000 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Lorain | Vermilion | OH | — | 500 | 15,461 | 1,359 | 578 | 16,742 | 17,320 | 5,410 | 11,910 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Gardens at Westlake Senior Living | Westlake | OH | — | 2,401 | 20,640 | 690 | 2,413 | 21,318 | 23,731 | 4,874 | 18,857 | 1987 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Xenia | Xenia | OH | — | 653 | 2,801 | 1,052 | 678 | 3,828 | 4,506 | 1,550 | 2,956 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Arbor House of Mustang | Mustang | OK | — | 372 | 3,587 | — | 372 | 3,587 | 3,959 | 913 | 3,046 | 1999 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Arbor House of Norman | Norman | OK | — | 444 | 7,525 | — | 444 | 7,525 | 7,969 | 1,907 | 6,062 | 2000 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Arbor House Reminisce Center | Norman | OK | — | 438 | 3,028 | — | 438 | 3,028 | 3,466 | 773 | 2,693 | 2004 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Arbor House of Midwest City | Oklahoma City | OK | — | 544 | 9,133 | — | 544 | 9,133 | 9,677 | 2,314 | 7,363 | 2004 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Mansion at Waterford | Oklahoma City | OK | — | 2,077 | 14,184 | — | 2,077 | 14,184 | 16,261 | 3,754 | 12,507 | 1999 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Meadowbrook Place | Baker City | OR | — | 1,430 | 5,311 | — | 1,430 | 5,311 | 6,741 | 1,066 | 5,675 | 1965 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Edgewood Downs | Beaverton | OR | — | 2,356 | 15,476 | 328 | 2,356 | 15,804 | 18,160 | 3,352 | 14,808 | 1978 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Avamere at Hillsboro | Hillsboro | OR | — | 4,400 | 8,353 | 1,413 | 4,400 | 9,766 | 14,166 | 3,296 | 10,870 | 2000 | 2011 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
The Springs at Tanasbourne | Hillsboro | OR | 30,947 | 4,689 | 55,035 | — | 4,689 | 55,035 | 59,724 | 15,653 | 44,071 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
The Arbor at Avamere Court | Keizer | OR | — | 922 | 6,460 | 110 | 1,135 | 6,357 | 7,492 | 1,549 | 5,943 | 2012 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
The Stafford | Lake Oswego | OR | — | 1,800 | 16,122 | 884 | 1,806 | 17,000 | 18,806 | 5,272 | 13,534 | 2008 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Springs at Clackamas Woods | Milwaukie | OR | 13,965 | 1,264 | 22,429 | 5,244 | 1,381 | 27,556 | 28,937 | 6,579 | 22,358 | 1999 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Clackamas Woods Assisted Living | Milwaukie | OR | 7,519 | 681 | 12,077 | — | 681 | 12,077 | 12,758 | 3,181 | 9,577 | 1999 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Avamere at Newberg | Newberg | OR | — | 1,320 | 4,664 | 641 | 1,342 | 5,283 | 6,625 | 2,007 | 4,618 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Avamere Living at Berry Park | Oregon City | OR | — | 1,910 | 4,249 | 2,316 | 1,910 | 6,565 | 8,475 | 2,493 | 5,982 | 1972 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
McLoughlin Place Senior Living | Oregon City | OR | — | 2,418 | 26,819 | — | 2,418 | 26,819 | 29,237 | 5,321 | 23,916 | 1997 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Avamere at Bethany | Portland | OR | — | 3,150 | 16,740 | 257 | 3,150 | 16,997 | 20,147 | 5,236 | 14,911 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Avamere at Sandy | Sandy | OR | — | 1,000 | 7,309 | 345 | 1,000 | 7,654 | 8,654 | 2,580 | 6,074 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Suzanne Elise ALF | Seaside | OR | — | 1,940 | 4,027 | 631 | 1,945 | 4,653 | 6,598 | 1,695 | 4,903 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Necanicum Village | Seaside | OR | — | 2,212 | 7,311 | 273 | 2,212 | 7,584 | 9,796 | 1,668 | 8,128 | 2001 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Avamere at Sherwood | Sherwood | OR | — | 1,010 | 7,051 | 1,454 | 1,010 | 8,505 | 9,515 | 2,518 | 6,997 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Chateau Gardens | Springfield | OR | — | 1,550 | 4,197 | — | 1,550 | 4,197 | 5,747 | 1,247 | 4,500 | 1991 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Avamere at St Helens | St. Helens | OR | — | 1,410 | 10,496 | 502 | 1,410 | 10,998 | 12,408 | 3,580 | 8,828 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Flagstone Senior Living | The Dalles | OR | — | 1,631 | 17,786 | — | 1,631 | 17,786 | 19,417 | 3,523 | 15,894 | 1991 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Allison Park | Allison Park | PA | — | 1,171 | 5,686 | 565 | 1,171 | 6,251 | 7,422 | 2,509 | 4,913 | 1986 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Chippewa | Beaver Falls | PA | — | 1,394 | 8,586 | 658 | 1,452 | 9,186 | 10,638 | 3,713 | 6,925 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Berwick | Berwick | PA | — | 111 | 6,741 | 481 | 111 | 7,222 | 7,333 | 2,913 | 4,420 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Bridgeville | Bridgeville | PA | — | 1,660 | 12,624 | 1,157 | 1,660 | 13,781 | 15,441 | 3,888 | 11,553 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Dillsburg | Dillsburg | PA | — | 432 | 7,797 | 1,152 | 432 | 8,949 | 9,381 | 3,445 | 5,936 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Altoona | Duncansville | PA | — | 331 | 4,729 | 614 | 331 | 5,343 | 5,674 | 2,169 | 3,505 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Lebanon | Lebanon | PA | — | 240 | 7,336 | 555 | 249 | 7,882 | 8,131 | 3,246 | 4,885 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Lewisburg | Lewisburg | PA | — | 232 | 5,666 | 578 | 238 | 6,238 | 6,476 | 2,544 | 3,932 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Lehigh Commons | Macungie | PA | — | 420 | 4,406 | 450 | 420 | 4,856 | 5,276 | 3,034 | 2,242 | 1997 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Elmcroft of Loyalsock | Montoursville | PA | — | 413 | 3,412 | 564 | 429 | 3,960 | 4,389 | 1,639 | 2,750 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Highgate at Paoli Pointe | Paoli | PA | — | 1,151 | 9,079 | — | 1,151 | 9,079 | 10,230 | 5,227 | 5,003 | 1997 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Elmcroft of Mid Valley | Peckville | PA | — | 619 | 11,662 | 320 | 619 | 11,982 | 12,601 | 2,412 | 10,189 | 1998 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Sanatoga Court | Pottstown | PA | — | 360 | 3,233 | — | 360 | 3,233 | 3,593 | 1,908 | 1,685 | 1997 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Berkshire Commons | Reading | PA | — | 470 | 4,301 | — | 470 | 4,301 | 4,771 | 2,536 | 2,235 | 1997 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Mifflin Court | Reading | PA | — | 689 | 4,265 | 351 | 689 | 4,616 | 5,305 | 2,485 | 2,820 | 1997 | 2004 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Reading | Reading | PA | — | 638 | 4,942 | 573 | 659 | 5,494 | 6,153 | 2,216 | 3,937 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Reedsville | Reedsville | PA | — | 189 | 5,170 | 513 | 189 | 5,683 | 5,872 | 2,324 | 3,548 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Shippensburg | Shippensburg | PA | — | 203 | 7,634 | 696 | 217 | 8,316 | 8,533 | 3,343 | 5,190 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of State College | State College | PA | — | 320 | 7,407 | 470 | 325 | 7,872 | 8,197 | 3,211 | 4,986 | 1997 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of York | York | PA | — | 1,260 | 6,923 | 460 | 1,298 | 7,345 | 8,643 | 2,115 | 6,528 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Garden House | Anderson | SC | — | 969 | 15,613 | 326 | 974 | 15,934 | 16,908 | 3,493 | 13,415 | 2000 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Forest Pines | Columbia | SC | — | 1,058 | 27,471 | (392) | 1,058 | 27,079 | 28,137 | 5,797 | 22,340 | 1998 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Florence SC | Florence | SC | — | 108 | 7,620 | 1,295 | 122 | 8,901 | 9,023 | 3,756 | 5,267 | 1998 | 2006 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Carolina Gardens at Garden City | Murrells Inlet | SC | — | 1,095 | 8,618 | 91 | 1,095 | 8,709 | 9,804 | 328 | 9,476 | 1999 | 2019 | 35 years | |||||||||||||||||||||||||||||||||
Carolina Gardens at Rock Hill | Rock Hill | SC | — | 790 | 9,568 | 109 | 790 | 9,677 | 10,467 | 359 | 10,108 | 2008 | 2019 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Aberdeen | Aberdeen | SD | — | 850 | 659 | 235 | 850 | 894 | 1,744 | 538 | 1,206 | 1991 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Place | Aberdeen | SD | — | 310 | 3,242 | 53 | 310 | 3,295 | 3,605 | 1,017 | 2,588 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Rapid City | Rapid City | SD | — | 860 | 8,722 | 88 | 860 | 8,810 | 9,670 | 2,729 | 6,941 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Primrose Sioux Falls | Sioux Falls | SD | — | 2,180 | 12,936 | 315 | 2,180 | 13,251 | 15,431 | 4,172 | 11,259 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Bristol | Bristol | TN | — | 470 | 16,006 | 753 | 480 | 16,749 | 17,229 | 4,634 | 12,595 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Hamilton Place | Chattanooga | TN | — | 87 | 4,248 | 640 | 87 | 4,888 | 4,975 | 2,008 | 2,967 | 1998 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Shallowford | Chattanooga | TN | — | 580 | 7,568 | 1,554 | 636 | 9,066 | 9,702 | 3,203 | 6,499 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Hendersonville | Hendersonville | TN | — | 600 | 5,304 | 900 | 600 | 6,204 | 6,804 | 1,335 | 5,469 | 1999 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Regency House | Hixson | TN | — | 140 | 6,611 | — | 140 | 6,611 | 6,751 | 1,956 | 4,795 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Jackson | Jackson | TN | — | 768 | 16,840 | 186 | 797 | 16,997 | 17,794 | 3,696 | 14,098 | 1998 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Johnson City | Johnson City | TN | — | 590 | 10,043 | 472 | 610 | 10,495 | 11,105 | 2,960 | 8,145 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Kingsport | Kingsport | TN | — | 22 | 7,815 | 845 | 22 | 8,660 | 8,682 | 3,477 | 5,205 | 2000 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Terrace of Knoxville | Knoxville | TN | — | 590 | 15,862 | 1,163 | 590 | 17,025 | 17,615 | 3,925 | 13,690 | 1997 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of West Knoxville | Knoxville | TN | — | 439 | 10,697 | 1,077 | 464 | 11,749 | 12,213 | 4,832 | 7,381 | 2000 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Halls | Knoxville | TN | — | 387 | 4,948 | 665 | 387 | 5,613 | 6,000 | 1,207 | 4,793 | 1998 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Lebanon | Lebanon | TN | — | 180 | 7,086 | 1,371 | 200 | 8,437 | 8,637 | 3,530 | 5,107 | 2000 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Bartlett | Memphis | TN | — | 570 | 25,552 | (8,580) | 594 | 16,948 | 17,542 | 7,783 | 9,759 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Glenmary | Memphis | TN | — | 510 | 5,860 | 3,124 | 510 | 8,984 | 9,494 | 3,373 | 6,121 | 1964 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Murfreesboro | Murfreesboro | TN | — | 940 | 8,030 | 481 | 940 | 8,511 | 9,451 | 2,398 | 7,053 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Brentwood | Nashville | TN | — | 960 | 22,020 | 2,102 | 977 | 24,105 | 25,082 | 7,312 | 17,770 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Arlington | Arlington | TX | — | 2,650 | 14,060 | 1,425 | 2,660 | 15,475 | 18,135 | 5,004 | 13,131 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Meadowbrook ALZ | Arlington | TX | — | 755 | 4,677 | 940 | 755 | 5,617 | 6,372 | 1,414 | 4,958 | 2012 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Austin | Austin | TX | — | 2,770 | 25,820 | 1,482 | 2,776 | 27,296 | 30,072 | 8,270 | 21,802 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Bedford | Bedford | TX | — | 770 | 19,691 | 1,736 | 776 | 21,421 | 22,197 | 6,689 | 15,508 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Highland Estates | Cedar Park | TX | — | 1,679 | 28,943 | (270) | 1,679 | 28,673 | 30,352 | 6,137 | 24,215 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Rivershire | Conroe | TX | — | 860 | 32,671 | 1,409 | 860 | 34,080 | 34,940 | 10,197 | 24,743 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Flower Mound | Flower Mound | TX | — | 900 | 5,512 | — | 900 | 5,512 | 6,412 | 1,664 | 4,748 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Bridgewater Memory Care | Granbury | TX | — | 390 | 8,186 | — | 390 | 8,186 | 8,576 | 2,072 | 6,504 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Copperfield Estates | Houston | TX | — | 1,216 | 21,135 | (135) | 1,216 | 21,000 | 22,216 | 4,480 | 17,736 | 2009 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Braeswood | Houston | TX | — | 3,970 | 15,919 | (4,816) | 3,974 | 11,099 | 15,073 | 5,492 | 9,581 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Cy-Fair | Houston | TX | — | 1,580 | 21,801 | 1,449 | 1,593 | 23,237 | 24,830 | 7,054 | 17,776 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Whitley Place | Keller | TX | — | — | 5,100 | 773 | — | 5,873 | 5,873 | 2,127 | 3,746 | 1998 | 2008 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Lake Jackson | Lake Jackson | TX | — | 710 | 14,765 | 1,346 | 712 | 16,109 | 16,821 | 5,089 | 11,732 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Polo Park Estates | Midland | TX | — | 765 | 29,447 | (292) | 765 | 29,155 | 29,920 | 6,238 | 23,682 | 1996 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Arbor Hills Memory Care Community | Plano | TX | — | 1,014 | 5,719 | — | 1,014 | 5,719 | 6,733 | 1,373 | 5,360 | 2013 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Lakeshore Assisted Living and Memory Care | Rockwall | TX | — | 1,537 | 12,883 | — | 1,537 | 12,883 | 14,420 | 3,282 | 11,138 | 2009 | 2012 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Elmcroft of Windcrest | San Antonio | TX | — | 920 | 13,011 | (164) | 932 | 12,835 | 13,767 | 4,673 | 9,094 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Paradise Springs | Spring | TX | — | 1,488 | 24,556 | (60) | 1,490 | 24,494 | 25,984 | 5,204 | 20,780 | 2008 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Canyon Creek Memory Care | Temple | TX | — | 473 | 6,750 | — | 473 | 6,750 | 7,223 | 1,712 | 5,511 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Cottonwood | Temple | TX | — | 630 | 17,515 | 1,210 | 630 | 18,725 | 19,355 | 5,792 | 13,563 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Mainland | Texas City | TX | — | 520 | 14,849 | 1,466 | 574 | 16,261 | 16,835 | 5,186 | 11,649 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Victoria | Victoria | TX | — | 440 | 13,040 | 1,378 | 448 | 14,410 | 14,858 | 4,556 | 10,302 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Windsor Court Senior Living | Weatherford | TX | — | 233 | 3,347 | — | 233 | 3,347 | 3,580 | 849 | 2,731 | 1994 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Wharton | Wharton | TX | — | 320 | 13,799 | 1,252 | 352 | 15,019 | 15,371 | 4,890 | 10,481 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Mountain Ridge | South Ogden | UT | — | 1,243 | 24,659 | 99 | 1,243 | 24,758 | 26,001 | 4,857 | 21,144 | 2001 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Chesterfield | Richmond | VA | — | 829 | 6,534 | 837 | 836 | 7,364 | 8,200 | 2,958 | 5,242 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Pheasant Ridge | Roanoke | VA | — | 1,813 | 9,027 | — | 1,813 | 9,027 | 10,840 | 2,390 | 8,450 | 1999 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Cascade Valley Senior Living | Arlington | WA | — | 1,413 | 6,294 | — | 1,413 | 6,294 | 7,707 | 1,243 | 6,464 | 1995 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Madison House | Kirkland | WA | — | 4,291 | 26,787 | 1,391 | 4,414 | 28,055 | 32,469 | 3,680 | 28,789 | 1978 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Delaware Plaza | Longview | WA | 3,932 | 620 | 5,116 | 136 | 815 | 5,057 | 5,872 | 815 | 5,057 | 1972 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Canterbury Gardens | Longview | WA | 5,351 | 444 | 13,715 | 157 | 444 | 13,872 | 14,316 | 1,791 | 12,525 | 1998 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Canterbury Inn | Longview | WA | 14,568 | 1,462 | 34,664 | 837 | 1,462 | 35,501 | 36,963 | 4,568 | 32,395 | 1989 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Canterbury Park | Longview | WA | — | 969 | 30,109 | — | 969 | 30,109 | 31,078 | 3,837 | 27,241 | 2000 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Bishop Place Senior Living | Pullman | WA | — | 1,780 | 33,608 | — | 1,780 | 33,608 | 35,388 | 6,539 | 28,849 | 1998 | 2014 | 35 years | |||||||||||||||||||||||||||||||||
Willow Gardens | Puyallup | WA | — | 1,959 | 35,492 | (285) | 1,980 | 35,186 | 37,166 | 7,519 | 29,647 | 1996 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Cascade Inn | Vancouver | WA | 12,378 | 3,201 | 19,024 | 2,321 | 3,527 | 21,019 | 24,546 | 3,329 | 21,217 | 1979 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
The Hampton & Ashley Inn | Vancouver | WA | — | 1,855 | 21,047 | — | 1,855 | 21,047 | 22,902 | 2,670 | 20,232 | 1992 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
The Hampton at Salmon Creek | Vancouver | WA | 11,450 | 1,256 | 21,686 | — | 1,256 | 21,686 | 22,942 | 2,569 | 20,373 | 2013 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Teays Valley | Hurricane | WV | — | 1,950 | 14,489 | 736 | 2,041 | 15,134 | 17,175 | 4,219 | 12,956 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Elmcroft of Martinsburg | Martinsburg | WV | — | 248 | 8,320 | 911 | 253 | 9,226 | 9,479 | 3,686 | 5,793 | 1999 | 2006 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Appleton I | Appleton | WI | — | 130 | 1,834 | (1,035) | 130 | 799 | 929 | 567 | 362 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Appleton II | Appleton | WI | — | 140 | 2,016 | (1,085) | 140 | 931 | 1,071 | 709 | 362 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Hunters Ridge | Beaver Dam | WI | — | 260 | 2,380 | — | 260 | 2,380 | 2,640 | 739 | 1,901 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Beloit | Beloit | WI | — | 150 | 4,356 | 427 | 191 | 4,742 | 4,933 | 1,344 | 3,589 | 1990 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Clinton | Clinton | WI | — | 290 | 4,390 | — | 290 | 4,390 | 4,680 | 1,276 | 3,404 | 1991 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Creekside | Cudahy | WI | — | 760 | 1,693 | — | 760 | 1,693 | 2,453 | 563 | 1,890 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Eau Claire | Eau Claire | WI | — | 210 | 6,259 | — | 210 | 6,259 | 6,469 | 1,792 | 4,677 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Eau Claire II | Eau Claire | WI | — | 1,188 | 6,654 | 68 | 1,188 | 6,722 | 7,910 | 542 | 7,368 | 2019 | 2019 | 35 years | |||||||||||||||||||||||||||||||||
Chapel Valley | Fitchburg | WI | — | 450 | 2,372 | — | 450 | 2,372 | 2,822 | 747 | 2,075 | 1998 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Milwaukee II | Fox Point | WI | — | 1,810 | 943 | (1,444) | 942 | 367 | 1,309 | 440 | 869 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Laurel Oaks | Glendale | WI | — | 2,390 | 43,587 | 5,130 | 2,510 | 48,597 | 51,107 | 14,787 | 36,320 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Layton Terrace | Greenfield | WI | — | 3,490 | 39,201 | 566 | 3,480 | 39,777 | 43,257 | 11,809 | 31,448 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Hartland | Hartland | WI | — | 640 | 1,663 | (768) | 652 | 883 | 1,535 | 665 | 870 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Horicon | Horicon | WI | — | 340 | 3,327 | (1,235) | 345 | 2,087 | 2,432 | 1,127 | 1,305 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Jefferson | Jefferson | WI | — | 330 | 2,384 | — | 330 | 2,384 | 2,714 | 741 | 1,973 | 1997 | 2011 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Azura Memory Care of Kenosha | Kenosha | WI | — | 710 | 3,254 | 3,765 | 1,165 | 6,564 | 7,729 | 1,951 | 5,778 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Manitowoc | Manitowoc | WI | — | 140 | 1,520 | — | 140 | 1,520 | 1,660 | 465 | 1,195 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
The Arboretum | Menomonee Falls | WI | — | 5,640 | 49,083 | 2,158 | 5,640 | 51,241 | 56,881 | 15,956 | 40,925 | 1989 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Milwaukee I | Milwaukee | WI | — | 1,800 | 935 | (1,407) | 927 | 401 | 1,328 | 458 | 870 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Hart Park Square | Milwaukee | WI | — | 1,900 | 21,628 | 69 | 1,900 | 21,697 | 23,597 | 6,395 | 17,202 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Monroe | Monroe | WI | — | 490 | 4,964 | — | 490 | 4,964 | 5,454 | 1,455 | 3,999 | 1990 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Neenah I | Neenah | WI | — | 710 | 1,157 | (597) | 713 | 557 | 1,270 | 487 | 783 | 2006 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Neenah II | Neenah | WI | — | 720 | 2,339 | (1,457) | 720 | 882 | 1,602 | 820 | 782 | 2007 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Irish Road | Neenah | WI | — | 320 | 1,036 | (74) | 320 | 962 | 1,282 | 456 | 826 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Oak Creek | Oak Creek | WI | — | 800 | 2,167 | (1,373) | 812 | 782 | 1,594 | 724 | 870 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Oak Creek | Oak Creek | WI | — | 733 | 6,248 | 11 | 733 | 6,259 | 6,992 | 1,350 | 5,642 | 2017 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Oconomowoc | Oconomowoc | WI | — | 400 | 1,596 | 4,674 | 709 | 5,961 | 6,670 | 1,515 | 5,155 | 2016 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Wilkinson Woods of Oconomowoc | Oconomowoc | WI | — | 1,100 | 12,436 | 157 | 1,100 | 12,593 | 13,693 | 3,734 | 9,959 | 1992 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Oshkosh | Oshkosh | WI | — | 190 | 949 | — | 190 | 949 | 1,139 | 351 | 788 | 1993 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Pewaukee | Pewaukee | WI | — | 1,180 | 4,124 | (1,804) | 1,197 | 2,303 | 3,500 | 1,499 | 2,001 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Sheboygan | Sheboygan | WI | — | 1,060 | 6,208 | 1,905 | 1,094 | 8,079 | 9,173 | 1,978 | 7,195 | 1995 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of St. Francis I | St. Francis | WI | — | 1,370 | 1,428 | (1,428) | 937 | 433 | 1,370 | 501 | 869 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of St. Francis II | St. Francis | WI | — | 1,370 | 1,666 | (1,558) | 931 | 547 | 1,478 | 608 | 870 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Howard Village of St. Francis | St. Francis | WI | — | 2,320 | 17,232 | — | 2,320 | 17,232 | 19,552 | 5,159 | 14,393 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Stoughton | Stoughton | WI | — | 450 | 3,191 | — | 450 | 3,191 | 3,641 | 993 | 2,648 | 1992 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Oak Hill Terrace | Waukesha | WI | — | 2,040 | 40,298 | — | 2,040 | 40,298 | 42,338 | 11,929 | 30,409 | 1985 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Azura Memory Care of Wausau | Wausau | WI | — | 350 | 3,413 | — | 350 | 3,413 | 3,763 | 1,010 | 2,753 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Library Square | West Allis | WI | — | 1,160 | 23,714 | — | 1,160 | 23,714 | 24,874 | 6,925 | 17,949 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Matthews of Wrightstown | Wrightstown | WI | — | 140 | 376 | 12 | 140 | 388 | 528 | 199 | 329 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Garden Square Assisted Living of Casper | Casper | WY | — | 355 | 3,197 | — | 355 | 3,197 | 3,552 | 907 | 2,645 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Whispering Chase | Cheyenne | WY | — | 1,800 | 20,354 | (202) | 1,800 | 20,152 | 21,952 | 4,319 | 17,633 | 2008 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Ashridge Court | Bexhill-on-Sea | SXE | — | 2,274 | 4,791 | (510) | 2,110 | 4,445 | 6,555 | 994 | 5,561 | 2010 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Inglewood Nursing Home | Eastbourne | SXE | — | 1,908 | 3,021 | (355) | 1,771 | 2,803 | 4,574 | 717 | 3,857 | 2010 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Pentlow Nursing Home | Eastbourne | SXE | — | 1,964 | 2,462 | (320) | 1,822 | 2,284 | 4,106 | 622 | 3,484 | 2007 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Willows Care Home | Romford | ESX | — | 4,695 | 6,983 | (843) | 4,356 | 6,479 | 10,835 | 1,375 | 9,460 | 1986 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Cedars Care Home | Southend-on-Sea | ESX | — | 2,649 | 4,925 | (546) | 2,458 | 4,570 | 7,028 | 997 | 6,031 | 2014 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Mayflower Care Home | Northfleet | GSD | — | 4,330 | 7,519 | (854) | 4,018 | 6,977 | 10,995 | 1,508 | 9,487 | 2012 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Maples Care Home | Bexleyheath | KNT | — | 5,042 | 7,525 | (906) | 4,679 | 6,982 | 11,661 | 1,495 | 10,166 | 2007 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Barty House Nursing Home | Maidstone | KNT | — | 3,769 | 3,089 | (494) | 3,497 | 2,867 | 6,364 | 797 | 5,567 | 2013 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Tunbridge Wells Care Centre | Tunbridge Wells | KNT | — | 4,323 | 5,869 | (734) | 4,012 | 5,446 | 9,458 | 1,164 | 8,294 | 2010 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Heathlands Care Home | Chingford | LON | — | 5,398 | 7,967 | (963) | 5,009 | 7,393 | 12,402 | 1,613 | 10,789 | 1980 | 2015 | 40 years | |||||||||||||||||||||||||||||||||
Hampton Care | Hampton | MDX | — | 4,119 | 29,021 | (1,205) | 3,970 | 27,965 | 31,935 | 3,012 | 28,923 | 2007 | 2017 | 40 years | |||||||||||||||||||||||||||||||||
Parkfield House Nursing Home | Uxbridge | MDX | — | 1,974 | 1,009 | (108) | 1,903 | 972 | 2,875 | 133 | 2,742 | 2000 | 2017 | 40 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Princeton Village of Largo | Largo | FL | — | 1,718 | 10,438 | (4,205) | 1,718 | 6,233 | 7,951 | 2,551 | 5,400 | 2007 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Boréa | Blainville | QC | 35,658 | 2,678 | 56,643 | 1,430 | 2,861 | 57,890 | 60,751 | 1,838 | 58,913 | 2016 | 2019 | 57 years | |||||||||||||||||||||||||||||||||
Caléo | Boucherville | QC | 54,225 | 6,009 | 71,056 | 1,664 | 6,151 | 72,578 | 78,729 | 2,154 | 76,575 | 2018 | 2019 | 59 years | |||||||||||||||||||||||||||||||||
L'Avantage | Brossard | QC | 20,086 | 8,771 | 44,920 | 1,465 | 8,950 | 46,206 | 55,156 | 1,627 | 53,529 | 2011 | 2019 | 52 years | |||||||||||||||||||||||||||||||||
Sevä | Candiac | QC | 47,758 | 4,030 | 64,251 | 1,570 | 4,129 | 65,722 | 69,851 | 2,126 | 67,725 | 2018 | 2019 | 59 years | |||||||||||||||||||||||||||||||||
L'Initial | Gatineau | QC | 49,215 | 6,720 | 62,928 | 1,561 | 6,861 | 64,348 | 71,209 | 1,963 | 69,246 | 2019 | 2019 | 60 years | |||||||||||||||||||||||||||||||||
La Croisée de l'Est | Granby | QC | 15,335 | 1,136 | 40,998 | 1,143 | 1,159 | 42,118 | 43,277 | 1,553 | 41,724 | 2009 | 2019 | 50 years | |||||||||||||||||||||||||||||||||
Ambiance | Ile-des-Soeurs,Verdun | QC | 20,512 | 5,007 | 51,624 | 1,571 | 5,108 | 53,094 | 58,202 | 1,978 | 56,224 | 2005 | 2019 | 46 years | |||||||||||||||||||||||||||||||||
Le Savignon | Lachine | QC | 25,968 | 5,271 | 46,919 | 1,335 | 5,377 | 48,148 | 53,525 | 1,607 | 51,918 | 2013 | 2019 | 54 years | |||||||||||||||||||||||||||||||||
Le Cavalier | Lasalle | QC | 14,908 | 5,892 | 38,926 | 1,350 | 6,010 | 40,158 | 46,168 | 1,662 | 44,506 | 2004 | 2019 | 45 years | |||||||||||||||||||||||||||||||||
Quartier Sud | Lévis | QC | 29,712 | 1,933 | 47,731 | 650 | 1,931 | 48,383 | 50,314 | 1,536 | 48,778 | 2015 | 2019 | 56 years | |||||||||||||||||||||||||||||||||
Margo | Lévis | QC | 40,060 | 2,034 | 63,523 | 1,285 | 2,078 | 64,764 | 66,842 | 1,977 | 64,865 | 2017 | 2019 | 60 years | |||||||||||||||||||||||||||||||||
Les Promenades du Parc | Longueuil | QC | 21,495 | 5,832 | 47,101 | 1,662 | 5,950 | 48,645 | 54,595 | 1,986 | 52,609 | 2006 | 2019 | 47 years | |||||||||||||||||||||||||||||||||
Elogia | Montréal | QC | 27,069 | 2,808 | 55,175 | 26,181 | 2,929 | 81,235 | 84,164 | 1,974 | 82,190 | 2007 | 2019 | 48 years | |||||||||||||||||||||||||||||||||
Les Jardins Millen | Montréal | QC | 28,169 | 4,325 | 82,121 | 1,972 | 4,412 | 84,006 | 88,418 | 2,593 | 85,825 | 2012 | 2019 | 53 years | |||||||||||||||||||||||||||||||||
Le 22 | Montréal | QC | 38,776 | 6,728 | 70,601 | 1,671 | 6,863 | 72,137 | 79,000 | 2,213 | 76,787 | 2016 | 2019 | 57 years | |||||||||||||||||||||||||||||||||
Station Est | Montréal | QC | 44,471 | 4,660 | 59,110 | 1,351 | 4,760 | 60,361 | 65,121 | 1,919 | 63,202 | 2017 | 2019 | 58 years | |||||||||||||||||||||||||||||||||
Ora | Montréal | QC | 56,763 | 10,282 | 82,095 | 3,171 | 10,564 | 84,984 | 95,548 | 2,370 | 93,178 | 2019 | 2019 | 60 years | |||||||||||||||||||||||||||||||||
Elogia II | Montréal | QC | 34,044 | 2,627 | 29,299 | — | 2,627 | 29,299 | 31,926 | — | 31,926 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Le Quartier Mont-St-Hilaire | Mont-Saint-Hilaire | QC | 14,140 | 1,020 | 32,554 | 1,055 | 1,041 | 33,588 | 34,629 | 1,316 | 33,313 | 2008 | 2019 | 49 years | |||||||||||||||||||||||||||||||||
L'Image d'Outremont | Outremont | QC | 15,832 | 4,565 | 32,030 | 1,251 | 4,656 | 33,190 | 37,846 | 1,196 | 36,650 | 2008 | 2019 | 49 years | |||||||||||||||||||||||||||||||||
Le Gibraltar | Québec | QC | 20,759 | 1,191 | 42,766 | 1,071 | 1,214 | 43,814 | 45,028 | 1,446 | 43,582 | 2013 | 2019 | 54 years | |||||||||||||||||||||||||||||||||
Ékla | Québec | QC | 52,680 | 2,256 | 87,772 | 1,948 | 2,324 | 89,652 | 91,976 | 2,671 | 89,305 | 2017 | 2019 | 57 years | |||||||||||||||||||||||||||||||||
Le Notre-Dame | Repentigny | QC | 13,751 | 3,290 | 41,474 | 1,516 | 3,357 | 42,923 | 46,280 | 1,846 | 44,434 | 2002 | 2019 | 43 years | |||||||||||||||||||||||||||||||||
Vent de l'Ouest | Sainte-Geneviève | QC | 12,553 | 4,713 | 32,526 | 1,241 | 4,808 | 33,672 | 38,480 | 1,475 | 37,005 | 2007 | 2019 | 48 years | |||||||||||||||||||||||||||||||||
Les Verrières du Golf | Saint-Laurent | QC | 24,201 | 5,183 | 44,363 | 1,746 | 5,312 | 45,980 | 51,292 | 1,821 | 49,471 | 2003 | 2019 | 44 years | |||||||||||||||||||||||||||||||||
Les Jardins du Campanile | Shawinigan | QC | 11,621 | 578 | 16,580 | 905 | 590 | 17,473 | 18,063 | 903 | 17,160 | 2007 | 2019 | 48 years | |||||||||||||||||||||||||||||||||
VÜ | Sherbrooke | QC | 35,443 | 706 | 58,073 | 1,298 | 720 | 59,357 | 60,077 | 1,843 | 58,234 | 2015 | 2019 | 56 years | |||||||||||||||||||||||||||||||||
La Cité des Tours | St-Jean-sur-Richelieu | QC | 21,934 | 1,744 | 44,357 | 1,101 | 1,788 | 45,414 | 47,202 | 1,624 | 45,578 | 2012 | 2019 | 53 years | |||||||||||||||||||||||||||||||||
IVVI | St-Laurent | QC | 53,183 | 6,307 | 64,131 | — | 6,307 | 64,131 | 70,438 | 374 | 70,064 | 2020 | 2020 | 60 years | |||||||||||||||||||||||||||||||||
VAST | St-Laurent | QC | 41,809 | 4,648 | 62,521 | — | 4,648 | 62,521 | 67,169 | 84 | 67,085 | 2020 | 2020 | 60 years | |||||||||||||||||||||||||||||||||
Cornelius | St-Laurent | QC | 9,853 | 7,813 | 25,026 | — | 7,813 | 25,026 | 32,839 | — | 32,839 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Liz | St-Laurent | QC | 11,534 | 11,937 | 22,567 | — | 11,937 | 22,567 | 34,504 | — | 34,504 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Floréa | Terrebonne | QC | 41,640 | 3,275 | 63,246 | 1,421 | 3,341 | 64,601 | 67,942 | 2,057 | 65,885 | 2016 | 2019 | 57 years | |||||||||||||||||||||||||||||||||
Les Résidences du Marché | Ste-Thérèse | QC | 22,243 | 2,124 | 25,371 | — | 2,124 | 25,371 | 27,495 | 713 | 26,782 | 2000 | 2020 | 40 Years | |||||||||||||||||||||||||||||||||
Lilo | Ile-Perrot | QC | 40,635 | 5,324 | 45,948 | — | 5,324 | 45,948 | 51,272 | 868 | 50,404 | 2017 | 2020 | 57 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Le Félix Vaudreuil-Dorion | Vaudreuil-Dorion | QC | 25,803 | 7,531 | 34,624 | 1,432 | 7,682 | 35,905 | 43,587 | 1,424 | 42,163 | 2010 | 2019 | 51 years | |||||||||||||||||||||||||||||||||
TOTAL FOR OTHER SENIOR HOUSING COMMUNITIES | 1,333,759 | 617,774 | 6,179,476 | 188,514 | 615,447 | 6,370,317 | 6,985,764 | 1,242,978 | 5,742,786 | ||||||||||||||||||||||||||||||||||||||
TOTAL FOR SENIOR HOUSING COMMUNITIES | 1,589,318 | 1,584,636 | 15,254,039 | 1,025,745 | 1,607,351 | 16,257,069 | 17,864,420 | 4,779,527 | 13,084,893 | ||||||||||||||||||||||||||||||||||||||
MEDICAL OFFICE BUILDINGS | |||||||||||||||||||||||||||||||||||||||||||||||
St. Vincent's Medical Center East #46 | Birmingham | AL | — | — | 25,298 | 5,155 | — | 30,453 | 30,453 | 12,512 | 17,941 | 2005 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
St. Vincent's Medical Center East #48 | Birmingham | AL | — | — | 12,698 | 1,308 | — | 14,006 | 14,006 | 5,020 | 8,986 | 1989 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
St. Vincent's Medical Center East #52 | Birmingham | AL | — | — | 7,608 | 2,262 | — | 9,870 | 9,870 | 4,268 | 5,602 | 1985 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Crestwood Medical Pavilion | Huntsville | AL | 1,667 | 625 | 16,178 | 732 | 625 | 16,910 | 17,535 | 5,431 | 12,104 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
West Valley Medical Center | Buckeye1 | AZ | — | 3,348 | 5,233 | — | 3,348 | 5,233 | 8,581 | 1,571 | 7,010 | 2011 | 2015 | 31 years | |||||||||||||||||||||||||||||||||
Canyon Springs Medical Plaza | Gilbert | AZ | — | — | 27,497 | 1,106 | — | 28,603 | 28,603 | 8,491 | 20,112 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Mercy Gilbert Medical Plaza 1 | Gilbert | AZ | — | 720 | 11,277 | 1,786 | 772 | 13,011 | 13,783 | 5,024 | 8,759 | 2007 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Mercy Gilbert Medical Plaza II | Gilbert | AZ | 16,520 | — | 18,610 | 1,034 | — | 19,644 | 19,644 | 1,232 | 18,412 | 2019 | 2019 | 35 years | |||||||||||||||||||||||||||||||||
Thunderbird Paseo Medical Plaza | Glendale | AZ | — | — | 12,904 | 1,352 | 20 | 14,236 | 14,256 | 4,451 | 9,805 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Thunderbird Paseo Medical Plaza II | Glendale | AZ | — | — | 8,100 | 999 | 20 | 9,079 | 9,099 | 2,872 | 6,227 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Arrowhead Physicians Plaza | Glendale | AZ | 9,967 | 308 | 19,671 | 548 | 308 | 20,219 | 20,527 | 1,454 | 19,073 | 2004 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
1432 S Dobson | Mesa | AZ | — | — | 32,768 | 1,658 | — | 34,426 | 34,426 | 8,240 | 26,186 | 2003 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
1450 S Dobson | Mesa | AZ | — | — | 11,923 | 2,063 | 4 | 13,982 | 13,986 | 3,990 | 9,996 | 1977 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
1500 S Dobson | Mesa | AZ | — | — | 7,395 | 2,412 | 4 | 9,803 | 9,807 | 2,886 | 6,921 | 1980 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
1520 S Dobson | Mesa | AZ | — | — | 13,665 | 4,285 | — | 17,950 | 17,950 | 5,080 | 12,870 | 1986 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Deer Valley Medical Office Building II | Phoenix | AZ | — | — | 22,663 | 1,857 | 14 | 24,506 | 24,520 | 7,185 | 17,335 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Deer Valley Medical Office Building III | Phoenix | AZ | — | — | 19,521 | 1,467 | 12 | 20,976 | 20,988 | 6,222 | 14,766 | 2009 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Papago Medical Park | Phoenix | AZ | — | — | 12,172 | 2,392 | — | 14,564 | 14,564 | 4,797 | 9,767 | 1989 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
North Valley Orthopedic Surgery Center | Phoenix | AZ | — | 2,800 | 10,150 | — | 2,800 | 10,150 | 12,950 | 2,284 | 10,666 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Davita Dialysis - Marked Tree | Marked Tree | AR | — | 179 | 1,580 | — | 179 | 1,580 | 1,759 | 386 | 1,373 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Burbank Medical Plaza I | Burbank | CA | — | 1,241 | 23,322 | 2,501 | 1,268 | 25,796 | 27,064 | 9,090 | 17,974 | 2004 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Burbank Medical Plaza II | Burbank | CA | 31,583 | 491 | 45,641 | 1,256 | 497 | 46,891 | 47,388 | 14,074 | 33,314 | 2008 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Eden Medical Plaza | Castro Valley | CA | — | 258 | 2,455 | 460 | 328 | 2,845 | 3,173 | 1,649 | 1,524 | 1998 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
Sutter Medical Center | Castro Valley | CA | — | — | 25,088 | 1,471 | — | 26,559 | 26,559 | 6,095 | 20,464 | 2012 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
United Healthcare - Cypress | Cypress | CA | — | 12,883 | 38,309 | 1,502 | 12,883 | 39,811 | 52,694 | 10,982 | 41,712 | 1985 | 2015 | 29 years | |||||||||||||||||||||||||||||||||
NorthBay Corporate Headquarters | Fairfield | CA | — | — | 19,187 | — | — | 19,187 | 19,187 | 4,898 | 14,289 | 2008 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Gateway Medical Plaza | Fairfield | CA | — | — | 12,872 | 797 | — | 13,669 | 13,669 | 3,331 | 10,338 | 1986 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Solano NorthBay Health Plaza | Fairfield | CA | — | — | 8,880 | 39 | — | 8,919 | 8,919 | 2,257 | 6,662 | 1990 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
NorthBay Healthcare MOB | Fairfield | CA | — | — | 8,507 | 2,280 | — | 10,787 | 10,787 | 3,686 | 7,101 | 2014 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
UC Davis Medical Group | Folsom | CA | — | 1,873 | 10,156 | 260 | 1,873 | 10,416 | 12,289 | 2,515 | 9,774 | 1995 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Verdugo Hills Medical Bulding I | Glendale | CA | — | 6,683 | 9,589 | 2,738 | 6,768 | 12,242 | 19,010 | 5,711 | 13,299 | 1972 | 2012 | 23 years | |||||||||||||||||||||||||||||||||
Verdugo Hills Medical Bulding II | Glendale | CA | — | 4,464 | 3,731 | 3,042 | 4,514 | 6,723 | 11,237 | 4,062 | 7,175 | 1987 | 2012 | 19 years | |||||||||||||||||||||||||||||||||
Grossmont Medical Terrace | La Mesa | CA | — | 88 | 14,192 | 376 | 88 | 14,568 | 14,656 | 2,418 | 12,238 | 2008 | 2016 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Los Alamitos Medical & Wellness Pavilion | Los Alamitos | CA | 11,586 | 488 | 31,720 | 61 | 488 | 31,781 | 32,269 | 2,282 | 29,987 | 2013 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
St. Francis Lynwood Medical | Lynwood | CA | — | 688 | 8,385 | 1,965 | 697 | 10,341 | 11,038 | 4,968 | 6,070 | 1993 | 2011 | 32 years | |||||||||||||||||||||||||||||||||
Facey Mission Hills | Mission Hills | CA | — | 15,468 | 30,116 | 4,729 | 15,468 | 34,845 | 50,313 | 8,073 | 42,240 | 2012 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Mission Medical Plaza | Mission Viejo | CA | 52,783 | 1,916 | 77,022 | 2,723 | 1,916 | 79,745 | 81,661 | 25,025 | 56,636 | 2007 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
St Joseph Medical Tower | Orange | CA | 42,170 | 1,752 | 61,647 | 4,216 | 1,761 | 65,854 | 67,615 | 20,686 | 46,929 | 2008 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Huntington Pavilion | Pasadena | CA | — | 3,138 | 83,412 | 11,894 | 3,138 | 95,306 | 98,444 | 35,881 | 62,563 | 2009 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Western University of Health Sciences Medical Pavilion | Pomona | CA | — | 91 | 31,523 | — | 91 | 31,523 | 31,614 | 9,374 | 22,240 | 2009 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Pomerado Outpatient Pavilion | Poway | CA | — | 3,233 | 71,435 | 3,298 | 3,233 | 74,733 | 77,966 | 25,646 | 52,320 | 2007 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
San Bernardino Medical Plaza I | San Bernadino | CA | — | 789 | 11,133 | 2,349 | 797 | 13,474 | 14,271 | 11,962 | 2,309 | 1971 | 2011 | 27 years | |||||||||||||||||||||||||||||||||
San Bernardino Medical Plaza II | San Bernadino | CA | — | 416 | 5,625 | 1,204 | 421 | 6,824 | 7,245 | 4,050 | 3,195 | 1988 | 2011 | 26 years | |||||||||||||||||||||||||||||||||
Sutter Van Ness | San Francisco | CA | 104,794 | — | 157,404 | 918 | — | 158,322 | 158,322 | 9,298 | 149,024 | 2019 | 2019 | 35 years | |||||||||||||||||||||||||||||||||
San Gabriel Valley Medical Plaza | San Gabriel | CA | — | 914 | 5,510 | 1,314 | 963 | 6,775 | 7,738 | 3,330 | 4,408 | 2004 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Santa Clarita Valley Medical Plaza | Santa Clarita | CA | 20,909 | 9,708 | 20,020 | 2,032 | 9,782 | 21,978 | 31,760 | 7,609 | 24,151 | 2005 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Kenneth E Watts Medical Plaza | Torrance | CA | — | 262 | 6,945 | 3,924 | 494 | 10,637 | 11,131 | 5,507 | 5,624 | 1989 | 2011 | 23 years | |||||||||||||||||||||||||||||||||
Vaca Valley Health Plaza | Vacaville | CA | — | — | 9,634 | 979 | — | 10,613 | 10,613 | 2,504 | 8,109 | 1988 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
NorthBay Center For Primary Care - Vacaville | Vacaville | CA | — | 777 | 5,632 | 300 | 777 | 5,932 | 6,709 | 695 | 6,014 | 1998 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Potomac Medical Plaza | Aurora | CO | — | 2,401 | 9,118 | 4,890 | 2,865 | 13,544 | 16,409 | 7,203 | 9,206 | 1986 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Briargate Medical Campus | Colorado Springs | CO | — | 1,238 | 12,301 | 1,760 | 1,310 | 13,989 | 15,299 | 5,908 | 9,391 | 2002 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Printers Park Medical Plaza | Colorado Springs | CO | — | 2,641 | 47,507 | 4,034 | 3,642 | 50,540 | 54,182 | 22,474 | 31,708 | 1999 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Green Valley Ranch MOB | Denver | CO | — | — | 12,139 | 1,564 | 259 | 13,444 | 13,703 | 3,180 | 10,523 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Community Physicians Pavilion | Lafayette | CO | — | — | 10,436 | 2,018 | — | 12,454 | 12,454 | 4,979 | 7,475 | 2004 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Exempla Good Samaritan Medical Center | Lafayette | CO | — | — | 4,393 | (57) | — | 4,336 | 4,336 | 874 | 3,462 | 2013 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Dakota Ridge | Littleton | CO | — | 2,540 | 12,901 | 2,221 | 2,562 | 15,100 | 17,662 | 3,124 | 14,538 | 2007 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Avista Two Medical Plaza | Louisville | CO | — | — | 17,330 | 2,232 | — | 19,562 | 19,562 | 7,907 | 11,655 | 2003 | 2009 | 35 years | |||||||||||||||||||||||||||||||||
The Sierra Medical Building | Parker | CO | — | 1,444 | 14,059 | 3,509 | 1,516 | 17,496 | 19,012 | 8,609 | 10,403 | 2009 | 2009 | 35 years | |||||||||||||||||||||||||||||||||
Crown Point Healthcare Plaza | Parker | CO | — | 852 | 5,210 | 715 | 946 | 5,831 | 6,777 | 1,470 | 5,307 | 2008 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Lutheran Medical Office Building II | Wheat Ridge | CO | — | — | 2,655 | 1,330 | — | 3,985 | 3,985 | 2,065 | 1,920 | 1976 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Lutheran Medical Office Building IV | Wheat Ridge | CO | — | — | 7,266 | 2,462 | — | 9,728 | 9,728 | 3,900 | 5,828 | 1991 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Lutheran Medical Office Building III | Wheat Ridge | CO | — | — | 11,947 | 2,324 | — | 14,271 | 14,271 | 4,947 | 9,324 | 2004 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
DePaul Professional Office Building | Washington | DC | — | — | 6,424 | 3,064 | — | 9,488 | 9,488 | 4,754 | 4,734 | 1987 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Providence Medical Office Building | Washington | DC | — | — | 2,473 | 1,344 | — | 3,817 | 3,817 | 2,074 | 1,743 | 1975 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
RTS Cape Coral | Cape Coral | FL | — | 368 | 5,448 | — | 368 | 5,448 | 5,816 | 1,761 | 4,055 | 1984 | 2011 | 34 years | |||||||||||||||||||||||||||||||||
RTS Ft. Myers | Fort Myers | FL | — | 1,153 | 4,127 | — | 1,153 | 4,127 | 5,280 | 1,604 | 3,676 | 1989 | 2011 | 31 years | |||||||||||||||||||||||||||||||||
RTS Key West | Key West | FL | — | 486 | 4,380 | — | 486 | 4,380 | 4,866 | 1,273 | 3,593 | 1987 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
JFK Medical Plaza | Lake Worth | FL | — | 453 | 1,711 | (147) | — | 2,017 | 2,017 | 982 | 1,035 | 1999 | 2004 | 35 years | |||||||||||||||||||||||||||||||||
East Pointe Medical Plaza | Lehigh Acres | FL | — | 327 | 11,816 | — | 327 | 11,816 | 12,143 | 2,454 | 9,689 | 1994 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Palms West Building 6 | Loxahatchee | FL | — | 965 | 2,678 | (622) | — | 3,021 | 3,021 | 1,383 | 1,638 | 2000 | 2004 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Bay Medical Plaza | Lynn Haven | FL | — | 4,215 | 15,041 | (13,601) | 3,644 | 2,011 | 5,655 | 2,374 | 3,281 | 2003 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
RTS Naples | Naples | FL | — | 1,152 | 3,726 | — | 1,152 | 3,726 | 4,878 | 1,221 | 3,657 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Bay Medical Center | Panama City | FL | — | 82 | 17,400 | 3,507 | 25 | 20,964 | 20,989 | 2,669 | 18,320 | 1987 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
RTS Pt. Charlotte | Pt Charlotte | FL | — | 966 | 4,581 | — | 966 | 4,581 | 5,547 | 1,569 | 3,978 | 1985 | 2011 | 34 years | |||||||||||||||||||||||||||||||||
RTS Sarasota | Sarasota | FL | — | 1,914 | 3,889 | — | 1,914 | 3,889 | 5,803 | 1,405 | 4,398 | 1996 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Capital Regional MOB I | Tallahassee | FL | — | 590 | 8,773 | (324) | 193 | 8,846 | 9,039 | 1,667 | 7,372 | 1998 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Athens Medical Complex | Athens | GA | — | 2,826 | 18,339 | 109 | 2,826 | 18,448 | 21,274 | 3,942 | 17,332 | 2011 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Doctors Center at St. Joseph's Hospital | Atlanta | GA | — | 545 | 80,152 | 24,683 | 545 | 104,835 | 105,380 | 26,230 | 79,150 | 1978 | 2015 | 20 years | |||||||||||||||||||||||||||||||||
Augusta POB I | Augusta | GA | — | 233 | 7,894 | 2,512 | 233 | 10,406 | 10,639 | 6,961 | 3,678 | 1978 | 2012 | 14 years | |||||||||||||||||||||||||||||||||
Augusta POB II | Augusta | GA | — | 735 | 13,717 | 6,831 | 735 | 20,548 | 21,283 | 7,882 | 13,401 | 1987 | 2012 | 23 years | |||||||||||||||||||||||||||||||||
Augusta POB III | Augusta | GA | — | 535 | 3,857 | 960 | 535 | 4,817 | 5,352 | 2,679 | 2,673 | 1994 | 2012 | 22 years | |||||||||||||||||||||||||||||||||
Augusta POB IV | Augusta | GA | — | 675 | 2,182 | 2,296 | 691 | 4,462 | 5,153 | 2,726 | 2,427 | 1995 | 2012 | 23 years | |||||||||||||||||||||||||||||||||
Cobb Physicians Center | Austell | GA | — | 1,145 | 16,805 | 1,948 | 1,145 | 18,753 | 19,898 | 7,398 | 12,500 | 1992 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Summit Professional Plaza I | Brunswick | GA | — | 1,821 | 2,974 | 376 | 1,824 | 3,347 | 5,171 | 3,601 | 1,570 | 2004 | 2012 | 31 years | |||||||||||||||||||||||||||||||||
Summit Professional Plaza II | Brunswick | GA | — | 981 | 13,818 | 406 | 981 | 14,224 | 15,205 | 4,913 | 10,292 | 1998 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Fayette MOB | Fayetteville | GA | — | 895 | 20,669 | 1,405 | 895 | 22,074 | 22,969 | 4,736 | 18,233 | 2004 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Woodlawn Commons 1121/1163 | Marietta | GA | — | 5,495 | 16,028 | 2,306 | 5,586 | 18,243 | 23,829 | 3,984 | 19,845 | 1991 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
PAPP Clinic | Newnan | GA | — | 2,167 | 5,477 | 68 | 2,167 | 5,545 | 7,712 | 1,736 | 5,976 | 1994 | 2015 | 30 years | |||||||||||||||||||||||||||||||||
Parkway Physicians Center | Ringgold | GA | — | 476 | 10,017 | 1,381 | 476 | 11,398 | 11,874 | 4,383 | 7,491 | 2004 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Riverdale MOB | Riverdale | GA | — | 1,025 | 9,783 | 355 | 1,025 | 10,138 | 11,163 | 2,429 | 8,734 | 2005 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Rush Copley POB I | Aurora | IL | — | 120 | 27,882 | 1,369 | 120 | 29,251 | 29,371 | 6,175 | 23,196 | 1996 | 2015 | 34 years | |||||||||||||||||||||||||||||||||
Rush Copley POB II | Aurora | IL | — | 49 | 27,217 | 522 | 49 | 27,739 | 27,788 | 5,557 | 22,231 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Good Shepherd Physician Office Building I | Barrington | IL | — | 152 | 3,224 | 835 | 152 | 4,059 | 4,211 | 1,028 | 3,183 | 1979 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Good Shepherd Physician Office Building II | Barrington | IL | — | 512 | 12,977 | 1,235 | 512 | 14,212 | 14,724 | 3,731 | 10,993 | 1996 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Trinity Hospital Physician Office Building | Chicago | IL | — | 139 | 3,329 | 1,587 | 139 | 4,916 | 5,055 | 1,631 | 3,424 | 1971 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Advocate Beverly Center | Chicago | IL | — | 2,227 | 10,140 | 412 | 2,231 | 10,548 | 12,779 | 3,271 | 9,508 | 1986 | 2015 | 25 years | |||||||||||||||||||||||||||||||||
Crystal Lakes Medical Arts | Crystal Lake | IL | — | 2,490 | 19,504 | 437 | 2,535 | 19,896 | 22,431 | 4,438 | 17,993 | 2007 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Advocate Good Shepherd | Crystal Lake | IL | — | 2,444 | 10,953 | 949 | 2,444 | 11,902 | 14,346 | 3,017 | 11,329 | 2008 | 2015 | 33 years | |||||||||||||||||||||||||||||||||
Physicians Plaza East | Decatur | IL | — | — | 791 | 2,558 | 5 | 3,344 | 3,349 | 1,453 | 1,896 | 1976 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Physicians Plaza West | Decatur | IL | — | — | 1,943 | 1,207 | — | 3,150 | 3,150 | 1,474 | 1,676 | 1987 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
SIU Family Practice | Decatur | IL | — | — | 3,900 | 3,782 | — | 7,682 | 7,682 | 3,567 | 4,115 | 1996 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
304 W Hay Building | Decatur | IL | — | — | 8,702 | 2,447 | 29 | 11,120 | 11,149 | 4,233 | 6,916 | 2002 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
302 W Hay Building | Decatur | IL | — | — | 3,467 | 859 | — | 4,326 | 4,326 | 1,997 | 2,329 | 1993 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
ENTA | Decatur | IL | — | — | 1,150 | 16 | — | 1,166 | 1,166 | 511 | 655 | 1996 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
301 W Hay Building | Decatur | IL | — | — | 640 | 22 | — | 662 | 662 | 369 | 293 | 1980 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
South Shore Medical Building | Decatur | IL | — | 902 | 129 | 56 | 958 | 129 | 1,087 | 223 | 864 | 1991 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Kenwood Medical Center | Decatur | IL | — | — | 1,689 | 1,520 | — | 3,209 | 3,209 | 1,376 | 1,833 | 1997 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
DMH OCC Health & Wellness Partners | Decatur | IL | — | 934 | 1,386 | 168 | 943 | 1,545 | 2,488 | 748 | 1,740 | 1996 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Rock Springs Medical | Decatur | IL | — | 399 | 495 | 109 | 399 | 604 | 1,003 | 309 | 694 | 1990 | 2010 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
575 W Hay Building | Decatur | IL | — | 111 | 739 | 24 | 111 | 763 | 874 | 358 | 516 | 1984 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Good Samaritan Physician Office Building I | Downers Grove | IL | — | 407 | 10,337 | 1,397 | 407 | 11,734 | 12,141 | 3,211 | 8,930 | 1976 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Good Samaritan Physician Office Building II | Downers Grove | IL | — | 1,013 | 25,370 | 1,101 | 1,013 | 26,471 | 27,484 | 6,780 | 20,704 | 1995 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Eberle Medical Office Building ("Eberle MOB") | Elk Grove Village | IL | — | — | 16,315 | 1,017 | — | 17,332 | 17,332 | 7,872 | 9,460 | 2005 | 2009 | 35 years | |||||||||||||||||||||||||||||||||
1425 Hunt Club Road MOB | Gurnee | IL | — | 249 | 1,452 | 976 | 352 | 2,325 | 2,677 | 1,086 | 1,591 | 2005 | 2011 | 34 years | |||||||||||||||||||||||||||||||||
1445 Hunt Club Drive | Gurnee | IL | — | 216 | 1,405 | 609 | 325 | 1,905 | 2,230 | 1,039 | 1,191 | 2002 | 2011 | 31 years | |||||||||||||||||||||||||||||||||
Gurnee Imaging Center | Gurnee | IL | — | 82 | 2,731 | — | 82 | 2,731 | 2,813 | 926 | 1,887 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Gurnee Center Club | Gurnee | IL | — | 627 | 17,851 | — | 627 | 17,851 | 18,478 | 6,169 | 12,309 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
South Suburban Hospital Physician Office Building | Hazel Crest | IL | — | 191 | 4,370 | 997 | 191 | 5,367 | 5,558 | 1,608 | 3,950 | 1989 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
755 Milwaukee MOB | Libertyville | IL | — | 421 | 3,716 | 3,386 | 630 | 6,893 | 7,523 | 3,942 | 3,581 | 1990 | 2011 | 18 years | |||||||||||||||||||||||||||||||||
890 Professional MOB | Libertyville | IL | — | 214 | 2,630 | 977 | 214 | 3,607 | 3,821 | 1,548 | 2,273 | 1980 | 2011 | 26 years | |||||||||||||||||||||||||||||||||
Libertyville Center Club | Libertyville | IL | — | 1,020 | 17,176 | — | 1,020 | 17,176 | 18,196 | 6,301 | 11,895 | 1988 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Christ Medical Center Physician Office Building | Oak Lawn | IL | — | 658 | 16,421 | 3,663 | 658 | 20,084 | 20,742 | 4,626 | 16,116 | 1986 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Methodist North MOB | Peoria | IL | — | 1,025 | 29,493 | 31 | 1,025 | 29,524 | 30,549 | 6,238 | 24,311 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Davita Dialysis - Rockford | Rockford | IL | — | 256 | 2,543 | — | 256 | 2,543 | 2,799 | 634 | 2,165 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Vernon Hills Acute Care Center | Vernon Hills | IL | — | 3,376 | 694 | (2,101) | 1,195 | 774 | 1,969 | 921 | 1,048 | 1986 | 2011 | 15 years | |||||||||||||||||||||||||||||||||
Wilbur S. Roby Building | Anderson | IN | — | — | 2,653 | 1,340 | — | 3,993 | 3,993 | 2,072 | 1,921 | 1992 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Ambulatory Services Building | Anderson | IN | — | — | 4,266 | 2,129 | — | 6,395 | 6,395 | 3,297 | 3,098 | 1995 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
St. John's Medical Arts Building | Anderson | IN | — | — | 2,281 | 2,114 | — | 4,395 | 4,395 | 2,121 | 2,274 | 1973 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Carmel I | Carmel | IN | — | 466 | 5,954 | 833 | 466 | 6,787 | 7,253 | 2,809 | 4,444 | 1985 | 2012 | 30 years | |||||||||||||||||||||||||||||||||
Carmel II | Carmel | IN | — | 455 | 5,976 | 1,321 | 455 | 7,297 | 7,752 | 2,686 | 5,066 | 1989 | 2012 | 33 years | |||||||||||||||||||||||||||||||||
Carmel III | Carmel | IN | — | 422 | 6,194 | 1,039 | 422 | 7,233 | 7,655 | 2,594 | 5,061 | 2001 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Elkhart | Elkhart | IN | — | 1,256 | 1,973 | — | 1,256 | 1,973 | 3,229 | 1,595 | 1,634 | 1994 | 2011 | 32 years | |||||||||||||||||||||||||||||||||
Lutheran Medical Arts | Fort Wayne | IN | — | 702 | 13,576 | 169 | 714 | 13,733 | 14,447 | 2,886 | 11,561 | 2000 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Dupont Road MOB | Fort Wayne | IN | — | 633 | 13,479 | 507 | 672 | 13,947 | 14,619 | 3,164 | 11,455 | 2001 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Harcourt Professional Office Building | Indianapolis | IN | — | 519 | 28,951 | 6,023 | 519 | 34,974 | 35,493 | 12,290 | 23,203 | 1973 | 2012 | 28 years | |||||||||||||||||||||||||||||||||
Cardiac Professional Office Building | Indianapolis | IN | — | 498 | 27,430 | 3,048 | 498 | 30,478 | 30,976 | 8,997 | 21,979 | 1995 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Oncology Medical Office Building | Indianapolis | IN | — | 470 | 5,703 | 2,598 | 470 | 8,301 | 8,771 | 2,328 | 6,443 | 2003 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
CorVasc Medical Office Building | Indianapolis | IN | — | 514 | 9,617 | 549 | 871 | 9,809 | 10,680 | 1,714 | 8,966 | 2004 | 2016 | 36 years | |||||||||||||||||||||||||||||||||
St. Francis South Medical Office Building | Indianapolis | IN | — | — | 20,649 | 2,225 | 7 | 22,867 | 22,874 | 5,957 | 16,917 | 1995 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
Methodist Professional Center I | Indianapolis | IN | — | 61 | 37,411 | 7,415 | 61 | 44,826 | 44,887 | 16,914 | 27,973 | 1985 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
Indiana Orthopedic Center of Excellence | Indianapolis | IN | — | 967 | 83,746 | 3,106 | 967 | 86,852 | 87,819 | 15,254 | 72,565 | 1997 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
United Healthcare - Indy | Indianapolis | IN | — | 5,737 | 32,116 | 848 | 5,737 | 32,964 | 38,701 | 7,300 | 31,401 | 1988 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
LaPorte | La Porte | IN | — | 553 | 1,309 | — | 553 | 1,309 | 1,862 | 683 | 1,179 | 1997 | 2011 | 34 years | |||||||||||||||||||||||||||||||||
Mishawaka | Mishawaka | IN | — | 3,787 | 5,543 | — | 3,787 | 5,543 | 9,330 | 4,657 | 4,673 | 1993 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Cancer Care Partners | Mishawaka | IN | — | 3,162 | 28,633 | 220 | 3,162 | 28,853 | 32,015 | 5,901 | 26,114 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Michiana Oncology | Mishawaka | IN | — | 4,577 | 20,939 | 15 | 4,581 | 20,950 | 25,531 | 4,527 | 21,004 | 2010 | 2015 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
DaVita Dialysis - Paoli | Paoli | IN | — | 396 | 2,056 | — | 396 | 2,056 | 2,452 | 524 | 1,928 | 2011 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
South Bend | South Bend | IN | — | 792 | 2,530 | — | 792 | 2,530 | 3,322 | 1,085 | 2,237 | 1996 | 2011 | 34 years | |||||||||||||||||||||||||||||||||
OLBH Same Day Surgery Center MOB | Ashland | KY | — | 101 | 19,066 | 3,569 | 101 | 22,635 | 22,736 | 7,320 | 15,416 | 1997 | 2012 | 26 years | |||||||||||||||||||||||||||||||||
St. Elizabeth Covington | Covington | KY | — | 345 | 12,790 | 166 | 345 | 12,956 | 13,301 | 4,413 | 8,888 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Jefferson Clinic | Louisville | KY | — | — | 673 | 2,018 | — | 2,691 | 2,691 | 493 | 2,198 | 2013 | 2013 | 35 years | |||||||||||||||||||||||||||||||||
East Jefferson Medical Plaza | Metairie | LA | — | 168 | 17,264 | 3,162 | 168 | 20,426 | 20,594 | 8,520 | 12,074 | 1996 | 2012 | 32 years | |||||||||||||||||||||||||||||||||
East Jefferson MOB | Metairie | LA | — | 107 | 15,137 | 4,016 | 107 | 19,153 | 19,260 | 7,311 | 11,949 | 1985 | 2012 | 28 years | |||||||||||||||||||||||||||||||||
East Jefferson MRI | Metairie | LA | — | — | — | — | — | — | — | — | — | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Lakeside POB I | Metairie | LA | — | 3,334 | 4,974 | 803 | 342 | 8,769 | 9,111 | 5,296 | 3,815 | 1986 | 2011 | 22 years | |||||||||||||||||||||||||||||||||
Lakeside POB II | Metairie | LA | — | 1,046 | 802 | (156) | 53 | 1,639 | 1,692 | 1,316 | 376 | 1980 | 2011 | 7 years | |||||||||||||||||||||||||||||||||
Fresenius Medical | Metairie | LA | — | 1,195 | 3,797 | 84 | 1,269 | 3,807 | 5,076 | 874 | 4,202 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
RTS Berlin | Berlin | MD | — | — | 2,216 | — | — | 2,216 | 2,216 | 783 | 1,433 | 1994 | 2011 | 29 years | |||||||||||||||||||||||||||||||||
Charles O. Fisher Medical Building | Westminster | MD | 10,205 | — | 13,795 | 1,888 | — | 15,683 | 15,683 | 8,018 | 7,665 | 2009 | 2009 | 35 years | |||||||||||||||||||||||||||||||||
Medical Specialties Building | Kalamazoo | MI | — | — | 19,242 | 1,689 | — | 20,931 | 20,931 | 7,640 | 13,291 | 1989 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
North Professional Building | Kalamazoo | MI | — | — | 7,228 | 1,969 | — | 9,197 | 9,197 | 4,013 | 5,184 | 1983 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Borgess Navigation Center | Kalamazoo | MI | — | — | 2,391 | 302 | — | 2,693 | 2,693 | 884 | 1,809 | 1976 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Borgess Health & Fitness Center | Kalamazoo | MI | — | — | 11,959 | 655 | — | 12,614 | 12,614 | 4,667 | 7,947 | 1984 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Heart Center Building | Kalamazoo | MI | — | — | 8,420 | 940 | 176 | 9,184 | 9,360 | 3,680 | 5,680 | 1980 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Medical Commons Building | Kalamazoo Township | MI | — | — | 661 | 671 | — | 1,332 | 1,332 | 816 | 516 | 1979 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
RTS Madison Heights | Madison Heights | MI | — | 401 | 2,946 | — | 401 | 2,946 | 3,347 | 999 | 2,348 | 2002 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Bronson Lakeview OPC | Paw Paw | MI | — | 3,835 | 31,564 | — | 3,835 | 31,564 | 35,399 | 7,361 | 28,038 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Pro Med Center Plainwell | Plainwell | MI | — | — | 697 | 28 | — | 725 | 725 | 282 | 443 | 1991 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Pro Med Center Richland | Richland | MI | — | 233 | 2,267 | 334 | 325 | 2,509 | 2,834 | 880 | 1,954 | 1996 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Henry Ford Dialysis Center | Southfield | MI | — | 589 | 3,350 | — | 589 | 3,350 | 3,939 | 773 | 3,166 | 2002 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Metro Health | Wyoming | MI | — | 1,325 | 5,479 | — | 1,325 | 5,479 | 6,804 | 1,338 | 5,466 | 2008 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Spectrum Health | Wyoming | MI | — | 2,463 | 14,353 | — | 2,463 | 14,353 | 16,816 | 3,504 | 13,312 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Cogdell Duluth MOB | Duluth | MN | — | — | 33,406 | (19) | — | 33,387 | 33,387 | 8,024 | 25,363 | 2012 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Allina Health | Elk River | MN | — | 1,442 | 7,742 | 122 | 1,455 | 7,851 | 9,306 | 2,363 | 6,943 | 2002 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Unitron Hearing | Plymouth | MN | — | 2,646 | 8,962 | 5 | 2,646 | 8,967 | 11,613 | 3,065 | 8,548 | 2011 | 2015 | 29 years | |||||||||||||||||||||||||||||||||
HealthPartners Medical & Dental Clinics | Sartell | MN | — | 2,492 | 15,694 | 413 | 2,503 | 16,096 | 18,599 | 5,658 | 12,941 | 2010 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
University Physicians - Grants Ferry | Flowood | MS | — | 2,796 | 12,125 | (12) | 2,796 | 12,113 | 14,909 | 4,388 | 10,521 | 2010 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Arnold Urgent Care | Arnold | MO | — | 1,058 | 556 | 413 | 1,097 | 930 | 2,027 | 663 | 1,364 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
DePaul Health Center North | Bridgeton | MO | — | 996 | 10,045 | 3,681 | 996 | 13,726 | 14,722 | 7,113 | 7,609 | 1976 | 2012 | 21 years | |||||||||||||||||||||||||||||||||
DePaul Health Center South | Bridgeton | MO | — | 910 | 12,169 | 2,838 | 910 | 15,007 | 15,917 | 5,977 | 9,940 | 1992 | 2012 | 30 years | |||||||||||||||||||||||||||||||||
St. Mary's Health Center MOB D | Clayton | MO | — | 103 | 2,780 | 1,622 | 106 | 4,399 | 4,505 | 2,268 | 2,237 | 1984 | 2012 | 22 years | |||||||||||||||||||||||||||||||||
Fenton Urgent Care Center | Fenton | MO | — | 183 | 2,714 | 404 | 189 | 3,112 | 3,301 | 1,456 | 1,845 | 2003 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Broadway Medical Office Building | Kansas City | MO | — | 1,300 | 12,602 | 11,591 | 1,385 | 24,108 | 25,493 | 9,296 | 16,197 | 1976 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
St. Joseph Medical Building | Kansas City | MO | — | 305 | 7,445 | 2,750 | 305 | 10,195 | 10,500 | 3,178 | 7,322 | 1988 | 2012 | 32 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
St. Joseph Medical Mall | Kansas City | MO | — | 530 | 9,115 | 773 | 530 | 9,888 | 10,418 | 3,549 | 6,869 | 1995 | 2012 | 33 years | |||||||||||||||||||||||||||||||||
Carondelet Medical Building | Kansas City | MO | — | 745 | 12,437 | 3,967 | 745 | 16,404 | 17,149 | 6,521 | 10,628 | 1979 | 2012 | 29 years | |||||||||||||||||||||||||||||||||
St. Joseph Hospital West Medical Office Building II | Lake Saint Louis | MO | — | 524 | 3,229 | 1,036 | 524 | 4,265 | 4,789 | 1,781 | 3,008 | 2005 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
St. Joseph O'Fallon Medical Office Building | O'Fallon | MO | — | 940 | 5,556 | 493 | 1,060 | 5,929 | 6,989 | 2,054 | 4,935 | 1992 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Sisters of Mercy Building | Springfield | MO | — | 3,427 | 8,697 | — | 3,427 | 8,697 | 12,124 | 2,259 | 9,865 | 2008 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
St. Joseph Health Center Medical Building 1 | St. Charles | MO | — | 503 | 4,336 | 1,865 | 503 | 6,201 | 6,704 | 3,336 | 3,368 | 1987 | 2012 | 20 years | |||||||||||||||||||||||||||||||||
St. Joseph Health Center Medical Building 2 | St. Charles | MO | — | 369 | 2,963 | 1,665 | 369 | 4,628 | 4,997 | 2,149 | 2,848 | 1999 | 2012 | 32 years | |||||||||||||||||||||||||||||||||
Physicians Office Center | St. Louis | MO | — | 1,445 | 13,825 | 1,117 | 1,445 | 14,942 | 16,387 | 7,011 | 9,376 | 2003 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
12700 Southford Road Medical Plaza | St. Louis | MO | — | 595 | 12,584 | 3,039 | 595 | 15,623 | 16,218 | 6,734 | 9,484 | 1993 | 2011 | 32 years | |||||||||||||||||||||||||||||||||
Mercy South MOB A | St. Louis | MO | — | 409 | 4,687 | 2,129 | 409 | 6,816 | 7,225 | 3,717 | 3,508 | 1975 | 2011 | 20 years | |||||||||||||||||||||||||||||||||
Mercy South MOB B | St. Louis | MO | — | 350 | 3,942 | 1,502 | 350 | 5,444 | 5,794 | 3,147 | 2,647 | 1980 | 2011 | 21 years | |||||||||||||||||||||||||||||||||
Lemay Urgent Care Center | St. Louis | MO | — | 2,317 | 3,120 | (607) | 2,355 | 2,475 | 4,830 | 2,418 | 2,412 | 1983 | 2011 | 22 years | |||||||||||||||||||||||||||||||||
St. Mary's Health Center MOB B | St. Louis | MO | — | 119 | 4,161 | 12,660 | 119 | 16,821 | 16,940 | 4,312 | 12,628 | 1979 | 2012 | 23 years | |||||||||||||||||||||||||||||||||
St. Mary's Health Center MOB C | St. Louis | MO | — | 136 | 6,018 | 4,390 | 256 | 10,288 | 10,544 | 3,700 | 6,844 | 1969 | 2012 | 20 years | |||||||||||||||||||||||||||||||||
Carson Tahoe Specialty Medical Center | Carson City | NV | — | 2,748 | 27,010 | 4,297 | 2,898 | 31,157 | 34,055 | 7,100 | 26,955 | 1981 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Carson Tahoe MOB West | Carson City | NV | — | 802 | 11,855 | 229 | 703 | 12,183 | 12,886 | 2,739 | 10,147 | 2007 | 2015 | 29 years | |||||||||||||||||||||||||||||||||
Del E Webb Medical Plaza | Henderson | NV | — | 1,028 | 16,993 | 2,878 | 1,028 | 19,871 | 20,899 | 7,784 | 13,115 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Durango Medical Plaza | Las Vegas | NV | — | 3,787 | 27,738 | (1,709) | 3,683 | 26,133 | 29,816 | 5,644 | 24,172 | 2008 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
The Terrace at South Meadows | Reno | NV | 6,270 | 504 | 9,966 | 874 | 517 | 10,827 | 11,344 | 4,276 | 7,068 | 2004 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Cooper Health MOB I | Willingboro | NJ | — | 1,389 | 2,742 | 134 | 1,398 | 2,867 | 4,265 | 828 | 3,437 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Cooper Health MOB II | Willingboro | NJ | — | 594 | 5,638 | 65 | 594 | 5,703 | 6,297 | 1,246 | 5,051 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Salem Medical | Woodstown | NJ | — | 275 | 4,132 | 23 | 275 | 4,155 | 4,430 | 894 | 3,536 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Albany Medical Center MOB | Albany | NY | — | 321 | 18,389 | 35 | 356 | 18,389 | 18,745 | 3,406 | 15,339 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
St. Peter's Recovery Center | Guilderland | NY | — | 1,059 | 9,156 | — | 1,059 | 9,156 | 10,215 | 2,287 | 7,928 | 1990 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Central NY Medical Center | Syracuse | NY | — | 1,786 | 26,101 | 5,075 | 1,792 | 31,170 | 32,962 | 10,709 | 22,253 | 1997 | 2012 | 33 years | |||||||||||||||||||||||||||||||||
Northcountry MOB | Watertown | NY | — | 1,320 | 10,799 | 444 | 1,364 | 11,199 | 12,563 | 2,686 | 9,877 | 2001 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Randolph | Charlotte | NC | — | 6,370 | 2,929 | 2,694 | 6,442 | 5,551 | 11,993 | 4,711 | 7,282 | 1973 | 2012 | 4 years | |||||||||||||||||||||||||||||||||
Mallard Crossing I | Charlotte | NC | — | 3,229 | 2,072 | 944 | 3,269 | 2,976 | 6,245 | 2,313 | 3,932 | 1997 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
Medical Arts Building | Concord | NC | — | 701 | 11,734 | 1,977 | 701 | 13,711 | 14,412 | 5,602 | 8,810 | 1997 | 2012 | 31 years | |||||||||||||||||||||||||||||||||
Gateway Medical Office Building | Concord | NC | — | 1,100 | 9,904 | 724 | 1,100 | 10,628 | 11,728 | 4,508 | 7,220 | 2005 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Copperfield Medical Mall | Concord | NC | — | 1,980 | 2,846 | 664 | 2,139 | 3,351 | 5,490 | 2,116 | 3,374 | 1989 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
Weddington Internal & Pediatric Medicine | Concord | NC | — | 574 | 688 | 37 | 574 | 725 | 1,299 | 438 | 861 | 2000 | 2012 | 27 years | |||||||||||||||||||||||||||||||||
Rex Wellness Center | Garner | NC | — | 1,348 | 5,330 | 444 | 1,354 | 5,768 | 7,122 | 1,670 | 5,452 | 2003 | 2015 | 34 years | |||||||||||||||||||||||||||||||||
Gaston Professional Center | Gastonia | NC | — | 833 | 24,885 | 3,249 | 863 | 28,104 | 28,967 | 9,264 | 19,703 | 1997 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Harrisburg Family Physicians | Harrisburg | NC | — | 679 | 1,646 | 73 | 679 | 1,719 | 2,398 | 710 | 1,688 | 1996 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Harrisburg Medical Mall | Harrisburg | NC | — | 1,339 | 2,292 | 342 | 1,339 | 2,634 | 3,973 | 1,462 | 2,511 | 1997 | 2012 | 27 years | |||||||||||||||||||||||||||||||||
Northcross | Huntersville | NC | — | 623 | 278 | 231 | 623 | 509 | 1,132 | 348 | 784 | 1993 | 2012 | 22 years | |||||||||||||||||||||||||||||||||
REX Knightdale MOB & Wellness Center | Knightdale | NC | — | — | 22,823 | 1,003 | 50 | 23,776 | 23,826 | 6,077 | 17,749 | 2009 | 2012 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Midland Medical Park | Midland | NC | — | 1,221 | 847 | 132 | 1,233 | 967 | 2,200 | 703 | 1,497 | 1998 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
East Rocky Mount Kidney Center | Rocky Mount | NC | — | 803 | 998 | 34 | 805 | 1,030 | 1,835 | 521 | 1,314 | 2000 | 2012 | 33 years | |||||||||||||||||||||||||||||||||
Rocky Mount Kidney Center | Rocky Mount | NC | — | 479 | 1,297 | 60 | 479 | 1,357 | 1,836 | 711 | 1,125 | 1990 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
Rocky Mount Medical Park | Rocky Mount | NC | — | 2,552 | 7,779 | 2,774 | 2,652 | 10,453 | 13,105 | 4,587 | 8,518 | 1991 | 2012 | 30 years | |||||||||||||||||||||||||||||||||
Trinity Health Medical Arts Clinic | Minot | ND | — | 935 | 15,482 | 715 | 951 | 16,181 | 17,132 | 4,707 | 12,425 | 1995 | 2015 | 26 years | |||||||||||||||||||||||||||||||||
Anderson Medical Arts Building I | Cincinnati | OH | — | — | 9,632 | 2,366 | 146 | 11,852 | 11,998 | 5,811 | 6,187 | 1984 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Anderson Medical Arts Building II | Cincinnati | OH | — | — | 15,123 | 3,930 | — | 19,053 | 19,053 | 8,521 | 10,532 | 2007 | 2007 | 35 years | |||||||||||||||||||||||||||||||||
Riverside North Medical Office Building | Columbus | OH | — | 785 | 8,519 | 2,050 | 785 | 10,569 | 11,354 | 5,224 | 6,130 | 1962 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
Riverside South Medical Office Building | Columbus | OH | — | 586 | 7,298 | 997 | 610 | 8,271 | 8,881 | 3,880 | 5,001 | 1985 | 2012 | 27 years | |||||||||||||||||||||||||||||||||
340 East Town Medical Office Building | Columbus | OH | — | 10 | 9,443 | 1,353 | 10 | 10,796 | 10,806 | 4,118 | 6,688 | 1984 | 2012 | 29 years | |||||||||||||||||||||||||||||||||
393 East Town Medical Office Building | Columbus | OH | — | 61 | 4,760 | 780 | 61 | 5,540 | 5,601 | 2,637 | 2,964 | 1970 | 2012 | 20 years | |||||||||||||||||||||||||||||||||
141 South Sixth Medical Office Building | Columbus | OH | — | 80 | 1,113 | 2,923 | 80 | 4,036 | 4,116 | 1,175 | 2,941 | 1971 | 2012 | 14 years | |||||||||||||||||||||||||||||||||
Doctors West Medical Office Building | Columbus | OH | — | 414 | 5,362 | 884 | 414 | 6,246 | 6,660 | 2,475 | 4,185 | 1998 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Eastside Health Center | Columbus | OH | — | 956 | 3,472 | (2) | 956 | 3,470 | 4,426 | 2,435 | 1,991 | 1977 | 2012 | 15 years | |||||||||||||||||||||||||||||||||
East Main Medical Office Building | Columbus | OH | — | 440 | 4,771 | 72 | 440 | 4,843 | 5,283 | 1,859 | 3,424 | 2006 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Heart Center Medical Office Building | Columbus | OH | — | 1,063 | 12,140 | 923 | 1,063 | 13,063 | 14,126 | 4,988 | 9,138 | 2004 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Wilkins Medical Office Building | Columbus | OH | — | 123 | 18,062 | 2,302 | 123 | 20,364 | 20,487 | 5,639 | 14,848 | 2002 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Grady Medical Office Building | Delaware | OH | — | 239 | 2,263 | 724 | 239 | 2,987 | 3,226 | 1,388 | 1,838 | 1991 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
Dublin Northwest Medical Office Building | Dublin | OH | — | 342 | 3,278 | 376 | 354 | 3,642 | 3,996 | 1,610 | 2,386 | 2001 | 2012 | 34 years | |||||||||||||||||||||||||||||||||
Preserve III Medical Office Building | Dublin | OH | — | 2,449 | 7,025 | 1,211 | 2,449 | 8,236 | 10,685 | 3,581 | 7,104 | 2006 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Zanesville Surgery Center | Zanesville | OH | — | 172 | 9,403 | 69 | 241 | 9,403 | 9,644 | 2,981 | 6,663 | 2000 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Dialysis Center | Zanesville | OH | — | 534 | 855 | 138 | 534 | 993 | 1,527 | 706 | 821 | 1960 | 2011 | 21 years | |||||||||||||||||||||||||||||||||
Genesis Children's Center | Zanesville | OH | — | 538 | 3,781 | — | 538 | 3,781 | 4,319 | 1,606 | 2,713 | 2006 | 2011 | 30 years | |||||||||||||||||||||||||||||||||
Medical Arts Building I | Zanesville | OH | — | 429 | 2,405 | 674 | 444 | 3,064 | 3,508 | 1,774 | 1,734 | 1970 | 2011 | 20 years | |||||||||||||||||||||||||||||||||
Medical Arts Building II | Zanesville | OH | — | 485 | 6,013 | 1,715 | 545 | 7,668 | 8,213 | 3,931 | 4,282 | 1995 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
Medical Arts Building III | Zanesville | OH | — | 94 | 1,248 | — | 94 | 1,248 | 1,342 | 659 | 683 | 1970 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
Primecare Building | Zanesville | OH | — | 130 | 1,344 | 648 | 130 | 1,992 | 2,122 | 1,197 | 925 | 1978 | 2011 | 20 years | |||||||||||||||||||||||||||||||||
Outpatient Rehabilitation Building | Zanesville | OH | — | 82 | 1,541 | — | 82 | 1,541 | 1,623 | 704 | 919 | 1985 | 2011 | 28 years | |||||||||||||||||||||||||||||||||
Radiation Oncology Building | Zanesville | OH | — | 105 | 1,201 | 952 | 114 | 2,144 | 2,258 | 661 | 1,597 | 1988 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
Healthplex | Zanesville | OH | — | 2,488 | 15,849 | 1,199 | 2,649 | 16,887 | 19,536 | 7,407 | 12,129 | 1990 | 2011 | 32 years | |||||||||||||||||||||||||||||||||
Physicians Pavilion | Zanesville | OH | — | 422 | 6,297 | 1,722 | 422 | 8,019 | 8,441 | 4,022 | 4,419 | 1990 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
Zanesville Northside Pharmacy | Zanesville | OH | — | 42 | 635 | — | 42 | 635 | 677 | 299 | 378 | 1985 | 2011 | 28 years | |||||||||||||||||||||||||||||||||
Bethesda Campus MOB III | Zanesville | OH | — | 188 | 1,137 | 308 | 222 | 1,411 | 1,633 | 700 | 933 | 1978 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
Tuality 7th Avenue Medical Plaza | Hillsboro | OR | 17,194 | 1,516 | 24,638 | 1,516 | 1,546 | 26,124 | 27,670 | 9,752 | 17,918 | 2003 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Professional Office Building I | Chester | PA | — | — | 6,283 | 3,906 | — | 10,189 | 10,189 | 5,512 | 4,677 | 1978 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
DCMH Medical Office Building | Drexel Hill | PA | — | — | 10,424 | 3,268 | — | 13,692 | 13,692 | 7,630 | 6,062 | 1984 | 2004 | 30 years | |||||||||||||||||||||||||||||||||
Pinnacle Health | Harrisburg | PA | — | 2,574 | 16,767 | 1,479 | 2,901 | 17,919 | 20,820 | 4,369 | 16,451 | 2002 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Lancaster Rehabilitation Hospital | Lancaster | PA | — | 959 | 16,610 | (16) | 959 | 16,594 | 17,553 | 5,693 | 11,860 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Lancaster ASC MOB | Lancaster | PA | — | 593 | 17,117 | 526 | 609 | 17,627 | 18,236 | 6,638 | 11,598 | 2007 | 2012 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
St. Joseph Medical Office Building | Reading | PA | — | — | 10,823 | 811 | — | 11,634 | 11,634 | 4,639 | 6,995 | 2006 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Crozer - Keystone MOB I | Springfield | PA | — | 9,130 | 47,078 | — | 9,130 | 47,078 | 56,208 | 12,697 | 43,511 | 1996 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Crozer-Keystone MOB II | Springfield | PA | — | 5,178 | 6,523 | — | 5,178 | 6,523 | 11,701 | 1,871 | 9,830 | 1998 | 2015 | 25 years | |||||||||||||||||||||||||||||||||
Doylestown Health & Wellness Center | Warrington | PA | — | 4,452 | 17,383 | 1,310 | 4,497 | 18,648 | 23,145 | 6,971 | 16,174 | 2001 | 2012 | 34 years | |||||||||||||||||||||||||||||||||
Roper Medical Office Building | Charleston | SC | — | 127 | 14,737 | 4,522 | 138 | 19,248 | 19,386 | 8,148 | 11,238 | 1990 | 2012 | 28 years | |||||||||||||||||||||||||||||||||
St. Francis Medical Plaza (Charleston) | Charleston | SC | — | 447 | 3,946 | 870 | 447 | 4,816 | 5,263 | 2,162 | 3,101 | 2003 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Providence MOB I | Columbia | SC | — | 225 | 4,274 | 1,308 | 225 | 5,582 | 5,807 | 3,135 | 2,672 | 1979 | 2012 | 18 years | |||||||||||||||||||||||||||||||||
Providence MOB II | Columbia | SC | — | 122 | 1,834 | 1,212 | 150 | 3,018 | 3,168 | 1,310 | 1,858 | 1985 | 2012 | 18 years | |||||||||||||||||||||||||||||||||
Providence MOB III | Columbia | SC | — | 766 | 4,406 | 1,632 | 766 | 6,038 | 6,804 | 2,467 | 4,337 | 1990 | 2012 | 23 years | |||||||||||||||||||||||||||||||||
One Medical Park | Columbia | SC | — | 210 | 7,939 | 3,637 | 228 | 11,558 | 11,786 | 5,280 | 6,506 | 1984 | 2012 | 19 years | |||||||||||||||||||||||||||||||||
Three Medical Park | Columbia | SC | — | 40 | 10,650 | 2,142 | 40 | 12,792 | 12,832 | 5,938 | 6,894 | 1988 | 2012 | 25 years | |||||||||||||||||||||||||||||||||
St. Francis Millennium Medical Office Building | Greenville | SC | 17,326 | — | 13,062 | 10,807 | 30 | 23,839 | 23,869 | 12,878 | 10,991 | 2009 | 2009 | 35 years | |||||||||||||||||||||||||||||||||
200 Andrews | Greenville | SC | — | 789 | 2,014 | 1,600 | 810 | 3,593 | 4,403 | 2,273 | 2,130 | 1994 | 2012 | 29 years | |||||||||||||||||||||||||||||||||
St. Francis CMOB | Greenville | SC | — | 501 | 7,661 | 1,478 | 501 | 9,139 | 9,640 | 3,243 | 6,397 | 2001 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
St. Francis Outpatient Surgery Center | Greenville | SC | — | 1,007 | 16,538 | 1,083 | 1,007 | 17,621 | 18,628 | 6,991 | 11,637 | 2001 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
St. Francis Professional Medical Center | Greenville | SC | — | 342 | 6,337 | 2,447 | 395 | 8,731 | 9,126 | 3,880 | 5,246 | 1984 | 2012 | 24 years | |||||||||||||||||||||||||||||||||
St. Francis Women's | Greenville | SC | — | 322 | 4,877 | 1,632 | 322 | 6,509 | 6,831 | 3,257 | 3,574 | 1991 | 2012 | 24 years | |||||||||||||||||||||||||||||||||
St. Francis Medical Plaza (Greenville) | Greenville | SC | — | 88 | 5,876 | 2,409 | 98 | 8,275 | 8,373 | 3,356 | 5,017 | 1998 | 2012 | 24 years | |||||||||||||||||||||||||||||||||
River Hills Medical Plaza | Little River | SC | — | 1,406 | 1,813 | 230 | 1,417 | 2,032 | 3,449 | 1,134 | 2,315 | 1999 | 2012 | 27 years | |||||||||||||||||||||||||||||||||
Mount Pleasant Medical Office Longpoint | Mount Pleasant | SC | — | 670 | 4,455 | 1,392 | 632 | 5,885 | 6,517 | 2,757 | 3,760 | 2001 | 2012 | 34 years | |||||||||||||||||||||||||||||||||
Medical Arts Center of Orangeburg | Orangeburg | SC | — | 823 | 3,299 | 588 | 836 | 3,874 | 4,710 | 1,648 | 3,062 | 1984 | 2012 | 28 years | |||||||||||||||||||||||||||||||||
Mary Black Westside Medical Office Bldg | Spartanburg | SC | — | 291 | 5,057 | 626 | 300 | 5,674 | 5,974 | 2,426 | 3,548 | 1991 | 2012 | 31 years | |||||||||||||||||||||||||||||||||
Spartanburg ASC | Spartanburg | SC | — | 1,333 | 15,756 | — | 1,333 | 15,756 | 17,089 | 3,085 | 14,004 | 2002 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Spartanburg Regional MOB | Spartanburg | SC | — | 207 | 17,963 | 889 | 290 | 18,769 | 19,059 | 4,020 | 15,039 | 1986 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Wellmont Blue Ridge MOB | Bristol | TN | — | 999 | 5,027 | 110 | 1,032 | 5,104 | 6,136 | 1,288 | 4,848 | 2001 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Health Park Medical Office Building | Chattanooga | TN | — | 2,305 | 8,949 | 799 | 2,385 | 9,668 | 12,053 | 3,548 | 8,505 | 2004 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Peerless Crossing Medical Center | Cleveland | TN | — | 1,217 | 6,464 | 77 | 1,217 | 6,541 | 7,758 | 2,350 | 5,408 | 2006 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
St. Mary's Clinton Professional Office Building | Clinton | TN | — | 298 | 618 | 121 | 298 | 739 | 1,037 | 321 | 716 | 1988 | 2015 | 39 years | |||||||||||||||||||||||||||||||||
St. Mary's Farragut MOB | Farragut | TN | — | 221 | 2,719 | 257 | 221 | 2,976 | 3,197 | 881 | 2,316 | 1997 | 2015 | 39 years | |||||||||||||||||||||||||||||||||
Medical Center Physicians Tower | Jackson | TN | 12,346 | 549 | 27,074 | 107 | 598 | 27,132 | 27,730 | 9,930 | 17,800 | 2010 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
St. Mary's Ambulatory Surgery Center | Knoxville | TN | — | 129 | 1,012 | — | 129 | 1,012 | 1,141 | 527 | 614 | 1999 | 2015 | 24 years | |||||||||||||||||||||||||||||||||
Texas Clinic at Arlington | Arlington | TX | — | 2,781 | 24,515 | 909 | 2,879 | 25,326 | 28,205 | 5,291 | 22,914 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Seton Medical Park Tower | Austin | TX | — | 805 | 41,527 | 10,885 | 1,329 | 51,888 | 53,217 | 14,354 | 38,863 | 1968 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Seton Northwest Health Plaza | Austin | TX | — | 444 | 22,632 | 3,980 | 444 | 26,612 | 27,056 | 8,464 | 18,592 | 1988 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Seton Southwest Health Plaza | Austin | TX | — | 294 | 5,311 | 637 | 294 | 5,948 | 6,242 | 1,809 | 4,433 | 2004 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Seton Southwest Health Plaza II | Austin | TX | — | 447 | 10,154 | 84 | 447 | 10,238 | 10,685 | 3,201 | 7,484 | 2009 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
BioLife Sciences Building | Denton | TX | — | 1,036 | 6,576 | — | 1,036 | 6,576 | 7,612 | 1,658 | 5,954 | 2010 | 2015 | 35 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
East Houston MOB, LLC | Houston | TX | — | 356 | 2,877 | 1,242 | 328 | 4,147 | 4,475 | 3,245 | 1,230 | 1982 | 2011 | 15 years | |||||||||||||||||||||||||||||||||
East Houston Medical Plaza | Houston | TX | — | 671 | 426 | 10 | 237 | 870 | 1,107 | 1,023 | 84 | 1982 | 2011 | 11 years | |||||||||||||||||||||||||||||||||
Memorial Hermann | Houston | TX | — | 822 | 14,307 | — | 822 | 14,307 | 15,129 | 2,943 | 12,186 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Scott & White Healthcare | Kingsland | TX | — | 534 | 5,104 | — | 534 | 5,104 | 5,638 | 1,203 | 4,435 | 2012 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Lakeway Medical Plaza | Lakeway | TX | 8,969 | 270 | 20,169 | 2,625 | 270 | 22,794 | 23,064 | 1,569 | 21,495 | 2011 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
Odessa Regional MOB | Odessa | TX | — | 121 | 8,935 | — | 121 | 8,935 | 9,056 | 1,911 | 7,145 | 2008 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Legacy Heart Center | Plano | TX | — | 3,081 | 8,890 | 183 | 3,081 | 9,073 | 12,154 | 2,364 | 9,790 | 2005 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Seton Williamson Medical Plaza | Round Rock | TX | — | — | 15,074 | 870 | — | 15,944 | 15,944 | 6,218 | 9,726 | 2008 | 2010 | 35 years | |||||||||||||||||||||||||||||||||
Sunnyvale Medical Plaza | Sunnyvale | TX | — | 1,186 | 15,397 | 448 | 1,243 | 15,788 | 17,031 | 3,613 | 13,418 | 2009 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Texarkana ASC | Texarkana | TX | — | 814 | 5,903 | 166 | 814 | 6,069 | 6,883 | 1,665 | 5,218 | 1994 | 2015 | 30 years | |||||||||||||||||||||||||||||||||
Spring Creek Medical Plaza | Tomball | TX | — | 2,165 | 8,212 | 355 | 2,165 | 8,567 | 10,732 | 1,780 | 8,952 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
MRMC MOB I | Mechanicsville | VA | — | 1,669 | 7,024 | 711 | 1,669 | 7,735 | 9,404 | 3,824 | 5,580 | 1993 | 2012 | 31 years | |||||||||||||||||||||||||||||||||
Henrico MOB | Richmond | VA | — | 968 | 6,189 | 1,534 | 359 | 8,332 | 8,691 | 4,041 | 4,650 | 1976 | 2011 | 25 years | |||||||||||||||||||||||||||||||||
St. Mary's MOB North (Floors 6 & 7) | Richmond | VA | — | 227 | 2,961 | 1,105 | 227 | 4,066 | 4,293 | 1,950 | 2,343 | 1968 | 2012 | 22 years | |||||||||||||||||||||||||||||||||
Stony Point Medical Center | Richmond | VA | — | 3,822 | 16,127 | 807 | 3,822 | 16,934 | 20,756 | 3,537 | 17,219 | 2004 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
St. Francis Cancer Center | Richmond | VA | — | 654 | 18,331 | 2,385 | 657 | 20,713 | 21,370 | 4,327 | 17,043 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Bonney Lake Medical Office Building | Bonney Lake | WA | 10,159 | 5,176 | 14,375 | 321 | 5,176 | 14,696 | 19,872 | 5,659 | 14,213 | 2011 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Good Samaritan Medical Office Building | Puyallup | WA | 11,872 | 781 | 30,368 | 3,233 | 893 | 33,489 | 34,382 | 10,513 | 23,869 | 2011 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Holy Family Hospital Central MOB | Spokane | WA | — | — | 19,085 | 475 | — | 19,560 | 19,560 | 5,010 | 14,550 | 2007 | 2012 | 35 years | |||||||||||||||||||||||||||||||||
Physician's Pavilion | Vancouver | WA | — | 1,411 | 32,939 | 1,388 | 1,450 | 34,288 | 35,738 | 12,059 | 23,679 | 2001 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Administration Building | Vancouver | WA | — | 296 | 7,856 | 59 | 317 | 7,894 | 8,211 | 2,743 | 5,468 | 1972 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Medical Center Physician's Building | Vancouver | WA | — | 1,225 | 31,246 | 4,257 | 1,488 | 35,240 | 36,728 | 12,541 | 24,187 | 1980 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Memorial MOB | Vancouver | WA | — | 663 | 12,626 | 1,621 | 690 | 14,220 | 14,910 | 5,054 | 9,856 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Salmon Creek MOB | Vancouver | WA | — | 1,325 | 9,238 | 607 | 1,325 | 9,845 | 11,170 | 3,441 | 7,729 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Fisher's Landing MOB | Vancouver | WA | — | 1,590 | 5,420 | 457 | 1,613 | 5,854 | 7,467 | 2,415 | 5,052 | 1995 | 2011 | 34 years | |||||||||||||||||||||||||||||||||
Columbia Medical Plaza | Vancouver | WA | — | 281 | 5,266 | 544 | 331 | 5,760 | 6,091 | 2,141 | 3,950 | 1991 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Appleton Heart Institute | Appleton | WI | — | — | 7,775 | 46 | — | 7,821 | 7,821 | 2,691 | 5,130 | 2003 | 2010 | 39 years | |||||||||||||||||||||||||||||||||
Appleton Medical Offices West | Appleton | WI | — | — | 5,756 | 1,146 | — | 6,902 | 6,902 | 2,283 | 4,619 | 1989 | 2010 | 39 years | |||||||||||||||||||||||||||||||||
Appleton Medical Offices South | Appleton | WI | — | — | 9,058 | 537 | — | 9,595 | 9,595 | 3,416 | 6,179 | 1983 | 2010 | 39 years | |||||||||||||||||||||||||||||||||
Brookfield Clinic | Brookfield | WI | — | 2,638 | 4,093 | (2,198) | 440 | 4,093 | 4,533 | 1,810 | 2,723 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Lakeshore Medical Clinic - Franklin | Franklin | WI | — | 1,973 | 7,579 | 149 | 2,029 | 7,672 | 9,701 | 1,947 | 7,754 | 2008 | 2015 | 34 years | |||||||||||||||||||||||||||||||||
Lakeshore Medical Clinic - Greenfield | Greenfield | WI | — | 1,223 | 13,387 | 126 | 1,223 | 13,513 | 14,736 | 2,795 | 11,941 | 2010 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Aurora Health Care - Hartford | Hartford | WI | — | 3,706 | 22,019 | — | 3,706 | 22,019 | 25,725 | 5,165 | 20,560 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Hartland Clinic | Hartland | WI | — | 321 | 5,050 | — | 321 | 5,050 | 5,371 | 1,919 | 3,452 | 1994 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Aurora Healthcare - Kenosha | Kenosha | WI | — | 7,546 | 19,155 | — | 7,546 | 19,155 | 26,701 | 4,590 | 22,111 | 2014 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Univ of Wisconsin Health | Monona | WI | — | 678 | 8,017 | 202 | 678 | 8,219 | 8,897 | 2,050 | 6,847 | 2011 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Theda Clark Medical Center Office Pavilion | Neenah | WI | — | — | 7,080 | 1,216 | — | 8,296 | 8,296 | 2,861 | 5,435 | 1993 | 2010 | 39 years | |||||||||||||||||||||||||||||||||
Aylward Medical Building Condo Floors 3 & 4 | Neenah | WI | — | — | 4,462 | 250 | — | 4,712 | 4,712 | 1,762 | 2,950 | 2006 | 2010 | 39 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
Aurora Health Care - Neenah | Neenah | WI | — | 2,033 | 9,072 | — | 2,033 | 9,072 | 11,105 | 2,284 | 8,821 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
New Berlin Clinic | New Berlin | WI | — | 678 | 7,121 | — | 678 | 7,121 | 7,799 | 2,913 | 4,886 | 1999 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
United Healthcare - Onalaska | Onalaska | WI | — | 4,623 | 5,527 | 38 | 4,623 | 5,565 | 10,188 | 1,807 | 8,381 | 1995 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
WestWood Health & Fitness | Pewaukee | WI | — | 823 | 11,649 | — | 823 | 11,649 | 12,472 | 4,763 | 7,709 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Aurora Health Care - Two Rivers | Two Rivers | WI | — | 5,638 | 25,308 | — | 5,638 | 25,308 | 30,946 | 5,983 | 24,963 | 2006 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
Watertown Clinic | Watertown | WI | — | 166 | 3,234 | — | 166 | 3,234 | 3,400 | 1,184 | 2,216 | 2003 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Southside Clinic | Waukesha | WI | — | 218 | 5,273 | — | 218 | 5,273 | 5,491 | 1,950 | 3,541 | 1997 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
Rehabilitation Hospital | Waukesha | WI | — | 372 | 15,636 | — | 372 | 15,636 | 16,008 | 5,114 | 10,894 | 2008 | 2011 | 35 years | |||||||||||||||||||||||||||||||||
United Healthcare - Wauwatosa | Wawatosa | WI | — | 8,012 | 15,992 | 76 | 8,012 | 16,068 | 24,080 | 4,634 | 19,446 | 1995 | 2015 | 35 years | |||||||||||||||||||||||||||||||||
TOTAL FOR MEDICAL OFFICE BUILDINGS | 386,320 | 376,960 | 4,168,796 | 461,561 | 372,864 | 4,634,453 | 5,007,317 | 1,477,051 | 3,530,266 | ||||||||||||||||||||||||||||||||||||||
LIFE SCIENCES OFFICE BUILDINGS | |||||||||||||||||||||||||||||||||||||||||||||||
300 George Street | New Haven | CT | — | 2,262 | 122,144 | 7,780 | 2,582 | 129,604 | 132,186 | 12,486 | 119,700 | 2014 | 2016 | 50 years | |||||||||||||||||||||||||||||||||
Univ. of Miami Life Science and Technology Park | Miami | FL | — | 2,249 | 87,019 | 6,325 | 2,253 | 93,340 | 95,593 | 11,326 | 84,267 | 2014 | 2016 | 53 years | |||||||||||||||||||||||||||||||||
IIT | Chicago | IL | — | 30 | 55,620 | 1,061 | 30 | 56,681 | 56,711 | 5,923 | 50,788 | 2006 | 2016 | 46 years | |||||||||||||||||||||||||||||||||
University of Maryland BioPark I Unit 1 | Baltimore | MD | — | 113 | 25,199 | 819 | 113 | 26,018 | 26,131 | 2,607 | 23,524 | 2005 | 2016 | 50 years | |||||||||||||||||||||||||||||||||
University of Maryland BioPark II | Baltimore | MD | — | 61 | 91,764 | 5,363 | 61 | 97,127 | 97,188 | 10,331 | 86,857 | 2007 | 2016 | 50 years | |||||||||||||||||||||||||||||||||
University of Maryland BioPark Garage | Baltimore | MD | — | 77 | 4,677 | 443 | 77 | 5,120 | 5,197 | 897 | 4,300 | 2007 | 2016 | 29 years | |||||||||||||||||||||||||||||||||
Tributary Street | Baltimore | MD | — | 4,015 | 15,905 | 597 | 4,015 | 16,502 | 20,517 | 2,378 | 18,139 | 1998 | 2016 | 45 years | |||||||||||||||||||||||||||||||||
Beckley Street | Baltimore | MD | — | 2,813 | 13,481 | 832 | 2,813 | 14,313 | 17,126 | 2,104 | 15,022 | 1999 | 2016 | 45 years | |||||||||||||||||||||||||||||||||
University of Maryland BioPark III | Baltimore | MD | — | 1,067 | 857 | — | 1,067 | 857 | 1,924 | 6 | 1,918 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Heritage at 4240 | Saint Louis | MO | — | 403 | 47,125 | 1,258 | 452 | 48,334 | 48,786 | 6,511 | 42,275 | 2013 | 2016 | 45 years | |||||||||||||||||||||||||||||||||
Cortex 1 | Saint Louis | MO | — | 631 | 26,543 | 1,172 | 631 | 27,715 | 28,346 | 3,758 | 24,588 | 2005 | 2016 | 50 years | |||||||||||||||||||||||||||||||||
BRDG Park | Saint Louis | MO | — | 606 | 37,083 | 2,246 | 606 | 39,329 | 39,935 | 4,480 | 35,455 | 2009 | 2016 | 52 years | |||||||||||||||||||||||||||||||||
4220 Duncan Avenue | St Louis | MO | — | 1,871 | 35,044 | 9,974 | 1,871 | 45,018 | 46,889 | 7,105 | 39,784 | 2018 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
311 South Sarah Street | St. Louis | MO | — | 5,154 | — | — | 5,154 | — | 5,154 | 314 | 4,840 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
4300 Duncan | St. Louis | MO | — | 2,818 | 46,749 | 18 | 2,818 | 46,767 | 49,585 | 4,830 | 44,755 | 2008 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Weston Parkway | Cary | NC | — | 1,372 | 6,535 | 1,743 | 1,372 | 8,278 | 9,650 | 1,489 | 8,161 | 1990 | 2016 | 50 years | |||||||||||||||||||||||||||||||||
Patriot Drive | Durham | NC | — | 1,960 | 10,749 | 378 | 1,960 | 11,127 | 13,087 | 1,364 | 11,723 | 2010 | 2016 | 50 years | |||||||||||||||||||||||||||||||||
Chesterfield | Durham | NC | — | 3,594 | 57,781 | 5,558 | 3,619 | 63,314 | 66,933 | 14,396 | 52,537 | 2017 | 2017 | 60 years | |||||||||||||||||||||||||||||||||
Paramount Parkway | Morrisville | NC | — | 1,016 | 19,794 | 617 | 1,016 | 20,411 | 21,427 | 2,824 | 18,603 | 1999 | 2016 | 45 years | |||||||||||||||||||||||||||||||||
Center for Technology & Innovation | Raleigh | NC | — | 786 | 50,674 | — | 786 | 50,674 | 51,460 | 1,400 | 50,060 | 2016 | 2020 | 35 years | |||||||||||||||||||||||||||||||||
Keystone Science Center | Raleigh | NC | — | 408 | 25,841 | — | 408 | 25,841 | 26,249 | 715 | 25,534 | 2010 | 2020 | 35 years | |||||||||||||||||||||||||||||||||
Wake 90 | Winston-Salem | NC | — | 2,752 | 79,949 | 1,757 | 2,752 | 81,706 | 84,458 | 10,584 | 73,874 | 2013 | 2016 | 40 years | |||||||||||||||||||||||||||||||||
Wake 60 | Winston-Salem | NC | 15,000 | 1,243 | 83,414 | 1,370 | 1,243 | 84,784 | 86,027 | 12,079 | 73,948 | 2016 | 2016 | 35 years | |||||||||||||||||||||||||||||||||
Bailey Power Plant | Winston-Salem | NC | — | 1,930 | 34,122 | 249 | 846 | 35,455 | 36,301 | 4,359 | 31,942 | 2017 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
Hershey Center Unit 1 | Hummelstown | PA | — | 813 | 23,699 | 965 | 819 | 24,658 | 25,477 | 2,882 | 22,595 | 2007 | 2016 | 50 years |
Location | Initial Cost to Company | Gross Amount Carried at Close of Period | |||||||||||||||||||||||||||||||||||||||||||||
Property Name | City |
State /
Province |
Encumbrances |
Land and
Improvements |
Buildings and
Improvements |
Costs
Capitalized
Subsequent
to Acquisition1
|
Land and
Improvements |
Buildings and
Improvements |
Total |
Accumulated
Depreciation |
NBV |
Year of
Construction |
Year
Acquired |
Life on
Which Depreciation in Income Statement is Computed |
|||||||||||||||||||||||||||||||||
3737 Market Street | Philadelphia | PA | 66,108 | 40 | 141,981 | 6,298 | 40 | 148,279 | 148,319 | 12,988 | 135,331 | 2014 | 2016 | 54 years | |||||||||||||||||||||||||||||||||
3711 Market Street | Philadelphia | PA | — | 12,320 | 69,278 | 7,168 | 12,320 | 76,446 | 88,766 | 8,524 | 80,242 | 2008 | 2016 | 48 years | |||||||||||||||||||||||||||||||||
3675 Market Street | Philadelphia | PA | 116,166 | 11,370 | 109,846 | 43,802 | 11,370 | 153,648 | 165,018 | 15,679 | 149,339 | 2018 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
3701 Filbert Street | Philadelphia | PA | — | 3,627 | — | — | 3,627 | — | 3,627 | 251 | 3,376 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
115 North 38th Street | Philadelphia | PA | — | 2,163 | — | — | 2,163 | — | 2,163 | 149 | 2,014 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
225 North 38th Street | Philadelphia | PA | — | 9,965 | 5,387 | — | 9,965 | 5,387 | 15,352 | 683 | 14,669 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
3401 Market Street | Philadelphia | PA | — | 4,500 | 22,157 | 307 | 4,533 | 22,431 | 26,964 | 1,574 | 25,390 | 1923 | 2018 | 35 years | |||||||||||||||||||||||||||||||||
75 N. 38th Street (6799) | Philadelphia | PA | — | 9,432 | — | — | 9,432 | — | 9,432 | — | 9,432 | N/A | 2019 | N/A | |||||||||||||||||||||||||||||||||
South Street Landing | Providence | RI | — | 6,358 | 111,797 | (1,053) | 6,358 | 110,744 | 117,102 | 6,067 | 111,035 | 2017 | 2017 | 45 years | |||||||||||||||||||||||||||||||||
2/3 Davol Square | Providence | RI | — | 4,537 | 6,886 | 9,259 | 4,656 | 16,026 | 20,682 | 2,796 | 17,886 | 2005 | 2017 | 15 years | |||||||||||||||||||||||||||||||||
One Ship Street | Providence | RI | — | 1,943 | 1,734 | (29) | 1,943 | 1,705 | 3,648 | 268 | 3,380 | 1980 | 2017 | 25 years | |||||||||||||||||||||||||||||||||
Brown Academic/R&D Building | Providence | RI | 47,294 | — | 68,335 | (8,713) | — | 59,622 | 59,622 | 2,611 | 57,011 | 2019 | 2019 | 35 years | |||||||||||||||||||||||||||||||||
Providence Phase 2 | Providence | RI | — | 2,251 | — | — | 2,251 | — | 2,251 | — | 2,251 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||
Wexford Biotech 8 | Richmond | VA | — | 2,615 | 85,514 | 5,564 | 2,615 | 91,078 | 93,693 | 11,713 | 81,980 | 2012 | 2017 | 35 years | |||||||||||||||||||||||||||||||||
VTR Pre Development Expense | — | — | 23,358 | — | — | 23,358 | 23,358 | — | 23,358 | CIP | CIP | CIP | |||||||||||||||||||||||||||||||||||
TOTAL FOR LIFE SCIENCES OFFICE BUILDINGS | 244,568 | 111,165 | 1,648,041 | 113,128 | 110,637 | 1,761,697 | 1,872,334 | 190,451 | 1,681,883 | ||||||||||||||||||||||||||||||||||||||
TOTAL FOR OFFICE | 630,888 | 488,125 | 5,816,837 | 574,689 | 483,501 | 6,396,150 | 6,879,651 | 1,667,502 | 5,212,149 | ||||||||||||||||||||||||||||||||||||||
TOTAL FOR ALL PROPERTIES | $ | 2,220,206 | $ | 2,246,273 | $ | 22,949,998 | $ | 1,654,171 | $ | 2,261,415 | $ | 24,589,027 | $ | 26,850,442 | $ | 6,967,413 | $ | 19,883,029 |
Location | Number of RE Assets | Interest Rate | Fixed / Variable | Maturity Date | Monthly Debt Service | Face Value | Net Book Value | Prior Liens | |||||||||||||||||||||
(In thousands) | |||||||||||||||||||||||||||||
First Mortgages | |||||||||||||||||||||||||||||
Multiple | 7 | 9.24% | V | 3/31/2025 | 388,310 | 66,000 | 66,000 | 174,020 | |||||||||||||||||||||
Mezzanine Loans | |||||||||||||||||||||||||||||
Multiple | 156 | 6.58% | V | 6/9/2021 | 2,889,690 | 487,648 | 486,797 | 1,020,080 | |||||||||||||||||||||
Total | $ | 3,278,000 | $ | 553,648 | $ | 552,797 | $ | 1,194,100 | |||||||||||||||||||||
Mortgage Loan Reconciliation | ||||||||||||||||||||
2020 | 2019 | 2018 | ||||||||||||||||||
(In thousands) | ||||||||||||||||||||
Beginning Balance | $ | 642,218 | $ | 427,117 | $ | 565,875 | ||||||||||||||
Additions: | ||||||||||||||||||||
New loans | 66,000 | 1,234,244 | 9,900 | |||||||||||||||||
Construction draws | — | — | — | |||||||||||||||||
Total additions | 66,000 | 1,234,244 | 9,900 | |||||||||||||||||
Deductions: | ||||||||||||||||||||
Principal repayments | (155,170) | (1,011,353) | (148,658) | |||||||||||||||||
Total deductions | (155,170) | (1,011,353) | (148,658) | |||||||||||||||||
Effect of foreign currency translation | (251) | (7,790) | — | |||||||||||||||||
Ending Balance | $ | 552,797 | $ | 642,218 | $ | 427,117 |
Page | |||||
Consolidated Financial Statement Schedules | |||||
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
Amended and Restated Certificate of Incorporation, as amended, of Ventas, Inc. | Incorporated by reference herein. Previously filed as Exhibit 3.1 to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, filed on August 5, 2011, File No. 001-10989. | ||||||||||||||||
Fifth Amended and Restated Bylaws, as amended, of Ventas, Inc. | Incorporated by reference herein. Previously filed as Exhibit 3.2 to our Current Report on Form 8-K, filed on January 11, 2017, File No. 001-10989. | ||||||||||||||||
Specimen common stock certificate. | Incorporated by reference herein. Previously filed as Exhibit 4.1 to our Annual Report on Form 10-K for the fiscal year ended December 31, 2015, filed on February 12, 2016, File No. 001-10989. | ||||||||||||||||
Indenture dated as of September 19, 2006 by and among Ventas, Inc., Ventas Realty, Limited Partnership and Ventas Capital Corporation, as Issuer(s), the Guarantors named therein, as Guarantors, and U.S. Bank National Association, as Trustee.
|
Incorporated by reference herein. Previously filed as Exhibit 4.9 to our Registration Statement on Form S-3, filed on April 7, 2006, File No. 333-133115. | ||||||||||||||||
Seventh Supplemental Indenture dated as of August 3, 2012 by and among Ventas Realty, Limited Partnership and Ventas Capital Corporation, as Issuers, Ventas, Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 3.250% Senior Notes due 2022. | Incorporated by reference herein. Previously filed as Exhibit 4.1 to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2012, filed on October 26, 2012, File No. 001-10989. | ||||||||||||||||
Indenture dated as of September 26, 2013 by and among Ventas, Inc., Ventas Realty, Limited Partnership, as Issuer, the Guarantors named therein, as Guarantors, and U.S. Bank National Association, as Trustee.
|
Incorporated by reference herein. Previously filed as Exhibit 4.10 to our Annual Report on Form 10-K for the year ended December 31, 2016, filed on February 14, 2017, File No. 001-10989. | ||||||||||||||||
Second Supplemental Indenture dated as of September 26, 2013 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 5.700% Senior Notes due 2043.
|
Incorporated by reference herein. Previously filed as Exhibit 4.3 to our Current Report on Form 8-K, filed on September 26, 2013, File No. 001-10989. | ||||||||||||||||
Fourth Supplemental Indenture dated as of April 17, 2014 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 3.750% Senior Notes due 2024. | Incorporated by reference herein. Previously filed as Exhibit 4.3 to our Current Report on Form 8-K, filed on April 17, 2014, File No. 001-10989. | ||||||||||||||||
Fifth Supplemental Indenture dated as of January 14, 2015 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 3.500% Senior Notes due 2025. | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on January 14, 2015, File No. 001-10989. | ||||||||||||||||
Sixth Supplemental Indenture dated as of January 14, 2015 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 4.375% Senior Notes due 2045. | Incorporated by reference herein. Previously filed as Exhibit 4.3 to our Current Report on Form 8-K, filed on January 14, 2015, File No. 001-10989. | ||||||||||||||||
Indenture dated as of August 19, 1997 by and between Nationwide Health Properties, Inc. and The Bank of New York, as Trustee, relating to the 6.90% Series C Medium-Term Notes due 2037 and the 6.59% Series C Medium-Term Notes due 2038. | Incorporated by reference herein. Previously filed as Exhibit 1.2 to the Nationwide Health Properties, Inc. Current Report on Form 8-K, filed on August 19, 1997, File No. 001-09028 (see Exhibit 1.2 of complete submission text file). | ||||||||||||||||
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
Supplemental Indenture dated July 1, 2011 among Nationwide Health Properties, Inc., Needles Acquisition LLC, and The Bank of New York Mellon Trust Company, N.A., as successor Trustee, relating to the 6.90% Series C Medium-Term Notes due 2037 and the 6.59% Series C Medium-Term Notes due 2038. | Incorporated by reference herein. Previously filed as Exhibit 4.17 to our Annual Report on Form 10-K for the year ended December 31, 2016, filed on February 14, 2017, File No. 001-10989. | ||||||||||||||||
Indenture dated as September 24, 2014 by and among Ventas, Inc., Ventas Canadian Finance Limited, the Guarantors parties thereto from time to time and Computershare Trust Company of Canada, as Trustee.
|
Incorporated by reference herein. Previously filed as Exhibit 4.1 to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2014, filed on October 24, 2014, File No. 001-10989. | ||||||||||||||||
Second Supplemental Indenture dated as of September 24, 2014 by and among Ventas Canada Finance Limited, as Issuer, Ventas, Inc., as Guarantor, and Computershare Trust Company of Canada, as Trustee, relating to the 4.125% Senior Notes, Series B due 2024. | Incorporated by reference herein. Previously filed as Exhibit 4.3 to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2014, filed on October 24, 2014, File No. 001-10989. | ||||||||||||||||
Third Supplemental Indenture dated as of January 13, 2015 by and among Ventas Canada Finance Limited, as Issuer, Ventas, Inc., as Guarantor, and Computershare Trust Company of Canada, as Trustee, relating to the 3.30% Senior Notes, Series C due 2022. | Incorporated by reference herein. Previously filed as Exhibit 4.24 to our Annual Report on Form 10-K for the year ended December 31, 2014, filed on February 13, 2015, File No. 001-10989. | ||||||||||||||||
Fourth Supplemental Indenture dated as of June 1, 2017 by and among Ventas Canada Finance Limited, as Issuer, Ventas, Inc., as Guarantor, and Computershare Trust Company of Canada, as Trustee, relating to the 2.55% Senior Notes, Series D due 2023. | Incorporated by reference herein. Previously filed as Exhibit 4.1 to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2017, filed on July 28, 2017, File No. 001-10989. | ||||||||||||||||
Fifth Supplemental Indenture dated as of November 12, 2019 by and among Ventas Canada Finance Limited, as Issuer, Ventas, Inc., as Guarantor, and Computershare Trust Company of Canada, as Trustee, relating to the 2.80% Senior Notes, Series E due 2024. |
Incorporated by reference herein. Previously filed as Exhibit 4.15 to our Annual Report on Form 10-K for the year ended December 31, 2019, filed on February 24, 2020, File No. 001-10989.
|
||||||||||||||||
Sixth Supplemental Indenture dated as of November 12, 2019 by and among Ventas Canada Finance Limited, as Issuer, Ventas, Inc., as Guarantor, and Computershare Trust Company of Canada, as Trustee, relating to the Floating Rate Senior Notes, Series F due 2021. | Incorporated by reference herein. Previously filed as Exhibit 4.16 to our Annual Report on Form 10-K for the year ended December 31, 2019, filed on February 24, 2020, File No. 001-10989. | ||||||||||||||||
Indenture dated as of July 16, 2015 by and among Ventas, Inc., Ventas Realty, Limited Partnership, as Issuer, the Guarantors named therein as Guarantors, and U.S. Bank National Association, as Trustee. | Incorporated by reference herein. Previously filed as Exhibit 4.1 to our Current Report on Form 8-K, filed on July 16, 2015, File No. 001-10989. | ||||||||||||||||
First Supplemental Indenture dated as of July 16, 2015 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 4.125% Senior Notes due 2026. | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on July 16, 2015, File No. 001-10989. | ||||||||||||||||
Second Supplemental Indenture dated as of June 2, 2016 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 3.125% Senior Notes due 2023. | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on June 2, 2016, File No. 001-10989. | ||||||||||||||||
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
Third Supplemental Indenture dated as of September 21, 2016 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 3.250% Senior Notes due 2026. | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on September 21, 2016, File No. 001-10989. | ||||||||||||||||
Fourth Supplemental Indenture dated as of March 29, 2017 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor, and U.S. Bank National Association, as Trustee, relating to the 3.100% Senior Notes due 2023 and the 3.850% Senior Notes due 2027. | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on March 29, 2017, File No. 001-10989. | ||||||||||||||||
Indenture dated February 23, 2018 among Ventas, Inc., Ventas Realty, Limited Partnership, the Guarantors named therein, and U.S. Bank National Association, as Trustee
|
Incorporated by reference herein. Previously filed as Exhibit 4.1 to our Current Report on Form 8-K, filed on February 23, 2018, File No. 001-10989.
|
||||||||||||||||
First Supplemental Indenture dated as of February 23, 2018 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor and U.S. Bank National Association, as Trustee relating to the 4.000% Senior Notes due 2028
|
Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on February 23, 2018, File No. 001-10989.
|
||||||||||||||||
Second Supplemental Indenture dated as of August 15, 2018 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor and U.S. Bank National Association, as Trustee relating to the 4.400% Senior Notes due 2029
|
Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on August 15, 2018, File No. 001-10989.
|
||||||||||||||||
Third Supplemental Indenture dated as of February 26, 2019 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor and U.S. Bank National Association, as Trustee relating to the 3.500% Senior Notes due 2024 and 4.875% Senior Notes due 2049 | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on February 26, 2019, File No. 001-10989. | ||||||||||||||||
Fourth Supplemental Indenture dated as of July 3, 2019 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor and U.S. Bank National Association, as Trustee relating to the 2.650% Senior Notes due 2025 | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on July 3, 2019, File No. 001-10989. | ||||||||||||||||
Fifth Supplemental Indenture dated as of August 21, 2019 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor and U.S. Bank National Association, as Trustee relating to the 3.000% Senior Notes due 2030 | Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on August 21, 2019, File No. 001-10989. | ||||||||||||||||
Sixth Supplemental Indenture dated as of April 1, 2020 by and among Ventas Realty, Limited Partnership, as Issuer, Ventas, Inc., as Guarantor and U.S. Bank National Association, as Trustee relating to the 4.750% Senior Notes due 2030.
|
Incorporated by reference herein. Previously filed as Exhibit 4.2 to our Current Report on Form 8-K, filed on April 1, 2020, File No. 001-10989.
|
||||||||||||||||
Description of the Registrant’s Securities. | Filed herewith. | ||||||||||||||||
First Amended and Restated Agreement of Limited Partnership of Ventas Realty, Limited Partnership. |
Incorporated by reference herein. Previously filed as Exhibit 3.5 to our Registration Statement on Form S-4, as amended, filed on May 29, 2002, File No. 333-89312.
|
||||||||||||||||
Credit and Guaranty Agreement dated July 26, 2018 among Ventas Realty, Limited Partnership, as Borrower, Ventas, Inc., as Guarantor, The Lenders party thereto from time to time, and Bank of America, N.A., as Administrative Agent. | Incorporated by reference herein. Previously filed as Exhibit 10.1 to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2018, filed on October 26, 2018, File No. 001-10989. | ||||||||||||||||
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
First Amendment to the Credit and Guaranty Agreement, dated as of January 29, 2021, among Ventas Realty, Limited Partnership, as Borrower, Ventas, Inc., as Guarantor, the Lenders identified therein, and Bank of America, N.A., as Administrative Agent. | Filed herewith. | ||||||||||||||||
Second Amended and Restated Credit and Guaranty Agreement, dated as of April 25, 2017, among Ventas Realty, Limited Partnership, Ventas SSL Ontario II, Inc., Ventas SSL Ontario III, Inc., Ventas Canada Finance Limited, Ventas UK Finance, Inc., and Ventas Euro Finance, LLC, as Borrowers, Ventas, Inc., as Guarantor, the Lenders identified therein, and Bank of America, N.A., as Administrative Agent, and Alternative Currency Fronting Lender, Bank of America, N.A. and JP Morgan Chase Bank, N.A., as Swing Line Lenders and L/C Issuers. | Incorporated by reference herein. Previously filed as Exhibit 10.3.1 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Third Amended and Restated Credit and Guaranty Agreement, dated as of January 29, 2021, among Ventas Realty, Limited Partnership, Ventas SSL Ontario II, Inc., Ventas SSL Ontario III, Inc., Ventas Canada Finance Limited, Ventas UK Finance, Inc., and Ventas Euro Finance, LLC, as Borrowers, Ventas, Inc., as Guarantor, the Lenders identified therein, Bank of America, N.A., as Administrative Agent, and Bank of America, N.A. and JPMorgan Chase Bank, N.A., as L/C Issuers.
|
Incorporated by reference herein. Previously filed as Exhibit 10.1 to our Current Report on Form 8-K, filed on February 2, 2021, File No. 001-10989.
|
||||||||||||||||
Ventas, Inc. 2004 Stock Plan for Directors, as amended. | Incorporated by reference herein. Previously filed as Exhibit 10.16.1 to our Annual Report on Form 10-K for the year ended December 31, 2004, filed on March 1, 2005, File No. 33-107942. | ||||||||||||||||
Ventas, Inc. 2006 Incentive Plan, as amended. | Incorporated by reference herein. Previously filed as Exhibit 10.10.1 to our Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, File No. 001-10989. | ||||||||||||||||
Form of Stock Option Agreement—2006 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.15.2 to our Annual Report on Form 10-K for the year ended December 31, 2006, filed on February 22, 2007, File No. 001-10989. | ||||||||||||||||
Form of Restricted Stock Agreement—2006 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.15.3 to our Annual Report on Form 10-K for the year ended December 31, 2006, filed on February 22, 2007, File No. 001-10989. | ||||||||||||||||
Ventas, Inc. 2006 Stock Plan for Directors, as amended. | Incorporated by reference herein. Previously filed as Exhibit 10.1 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, filed on April 27, 2012, File No. 001-10989. | ||||||||||||||||
Form of Stock Option Agreement—2006 Stock Plan for Directors. | Incorporated by reference herein. Previously filed as Exhibit 10.11.2 to our Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, File No. 001-10989. | ||||||||||||||||
Form of Amendment to Stock Option Agreement—2006 Stock Plan for Directors. | Incorporated by reference herein. Previously filed as Exhibit 10.2 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, filed on April 27, 2012, File No. 001-10989. | ||||||||||||||||
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
Form of Restricted Stock Unit Agreement—2006 Stock Plan for Directors. | Incorporated by reference herein. Previously filed as Exhibit 10.11.4 to our Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, File No. 001-10989. | ||||||||||||||||
Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.1 to our Current Report on Form 8-K, filed on May 23, 2012, File No. 001-10989. | ||||||||||||||||
First Amendment to the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.7 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Form of Stock Option Agreement (Employees) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.6.2 to our Annual Report on Form 10-K for the year ended December 31, 2014, filed February 13, 2015, File No. 001-10989. | ||||||||||||||||
Form of Restricted Stock Agreement (Employees) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.6.3 to our Annual Report on Form 10-K for the year ended December 31, 2014, filed on February 13, 2015, File No. 001-10989. | ||||||||||||||||
Form of Stock Option Agreement (Directors) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.4 to our Registration Form on S-8, filed on August 7, 2012, File No. 333-183121. | ||||||||||||||||
Form of Restricted Stock Agreement (Directors) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.5 to our Registration Form on S-8, filed on August 7, 2012, File No. 333-183121. | ||||||||||||||||
Form of Restricted Stock Unit Agreement (Directors) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.6 to our Registration Form on S-8, filed on August 7, 2012, File No. 333-183121. | ||||||||||||||||
Form of Performance-Based Restricted Stock Unit Agreement (CEO) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.8 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Form of Restricted Stock Unit Agreement (CEO) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.9 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Form of Transition Restricted Stock Unit Agreement (CEO) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.10 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Form of Performance-Based Restricted Stock Unit Agreement (Non-CEO) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.11 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Form of Restricted Stock Unit Agreement (Non-CEO) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.12 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Form of Transition Restricted Stock Unit Agreement (Non-CEO) under the Ventas, Inc. 2012 Incentive Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.10.13 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, filed on April 28, 2017, File No. 001-10989. | ||||||||||||||||
Ventas Executive Deferred Stock Compensation Plan, as amended and restated on December 7, 2017. | Incorporated by reference herein. Previously filed as Exhibit 10.9.1 to our Annual Report on Form 10-K for the year ended December 31, 2017, filed on February 9, 2018, File No. 001-10989. |
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
Deferral Election Form under the Ventas Executive Deferred Stock Compensation Plan, as amended and restated on December 7, 2017. |
Incorporated by reference herein. Previously filed as Exhibit 10.9.2 to our Annual Report on Form 10-K for the year ended December 31, 2017, filed on February 9, 2018, File No. 001-10989.
. |
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Ventas Nonemployee Directors’ Deferred Stock Compensation Plan, as amended. | Incorporated by reference herein. Previously filed as Exhibit 10.13.1 to our Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, File No. 001-10989. | ||||||||||||||||
Deferral Election Form under the Ventas Nonemployee Directors’ Deferred Stock Compensation Plan. | Incorporated by reference herein. Previously filed as Exhibit 10.13.2 to our Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, File No. 001-10989. | ||||||||||||||||
Nationwide Health Properties, Inc. Retirement Plan for Directors, as amended and restated on April 20, 2006. | Incorporated by reference herein. Previously filed as Exhibit 10.1 to the Nationwide Health Properties, Inc. Quarterly Report on Form 10-Q for the quarter ended March 31, 2006, filed on May 4, 2006, File No. 001-09028. | ||||||||||||||||
Amendment dated October 28, 2008 to the Nationwide Health Properties, Inc. Retirement Plan for Directors, as amended and restated on April 20, 2006. | Incorporated by reference herein. Previously filed as Exhibit 10.9 to the Nationwide Health Properties, Inc. Current Report on Form 8-K, filed on November 3, 2008, File No. 001-09028. | ||||||||||||||||
Second Amended and Restated Employment Agreement dated as of March 22, 2011 between Ventas, Inc. and Debra A. Cafaro. | Incorporated by reference herein. Previously filed as Exhibit 10.1 to our Current Report on Form 8-K, filed on March 24, 2011, File No. 001-10989. | ||||||||||||||||
Employee Protection and Noncompetition Agreement dated as of October 21, 2013 between Ventas, Inc. and John D. Cobb. | Incorporated by reference herein. Previously filed as Exhibit 10.18 to our Annual Report on Form 10-K for the year ended December 31, 2013, filed on February 18, 2014, File No. 001-10989. | ||||||||||||||||
Amendment dated December 8, 2017 to Employee Protection and Noncompetition Agreement dated as of October 21, 2013 between Ventas, Inc. and John D. Cobb. | Incorporated by reference herein. Previously filed as Exhibit 10.16.2 to our Annual Report on Form 10-K for the year ended December 31, 2017, filed on February 9, 2018, File No. 001-10989. | ||||||||||||||||
Offer Letter dated September 16, 2014 from Ventas, Inc. to Robert F. Probst. | Incorporated by reference herein. Previously filed as Exhibit 10.1 to our Current Report on Form 8-K, filed on September 29, 2014, File No. 001-10989. | ||||||||||||||||
Employee Protection and Noncompetition Agreement dated September 16, 2014 between Ventas, Inc. and Robert F. Probst. | Incorporated by reference herein. Previously filed as Exhibit 10.2 to our Current Report on Form 8-K, filed on September 29, 2014, File No. 001-10989. | ||||||||||||||||
Amendment dated December 8, 2017 to Employee Protection and Noncompetition Agreement dated as of September 16, 2014 between Ventas, Inc. and Robert F. Probst. |
Incorporated by reference herein. Previously filed as Exhibit 10.17.3 to our Annual Report on Form 10-K for the year ended December 31, 2017, filed on February 9, 2018, File No. 001-10989.
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Offer of Employment Term Sheet dated March 20, 2018 from Ventas, Inc. to Peter J. Bulgarelli. |
Incorporated by reference herein. Previously filed as Exhibit 10.1.1 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, filed on April 27, 2018, File No. 001-10989.
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Employee Protection and Noncompetition Agreement dated March 20, 2018 between Ventas, Inc. and Peter J. Bulgarelli.
|
Incorporated by reference herein. Previously filed as Exhibit 10.1.2 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, filed on April 27, 2018, File No. 001-10989.
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Ventas Employee and Director Stock Purchase Plan, as amended. | Incorporated by reference herein. Previously filed as Exhibit 10.18 to our Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, File No. 001-10989. |
Exhibit
Number |
Description of Document | Location of Document | |||||||||||||||
Employee Protection and Restrictive Covenants Agreement dated January 21, 2020 between Ventas, Inc. and Carey Shea Roberts.
|
Incorporated by reference herein. Previously filed as Exhibit 10.2.1 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, filed on May 8, 2020, File No. 001-10989.
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Employment Bonus Agreement dated March 4, 2020 between Ventas, Inc. and Carey Shea Roberts.
|
Incorporated by reference herein. Previously filed as Exhibit 10.2.2 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, filed on May 8, 2020, File No. 001-10989.
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Offer Letter dated December 22, 2019 from Ventas, Inc. to Carey Shea Roberts.
|
Filed herewith.
|
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Employee Protection and Restrictive Covenants Agreement dated February 7, 2020 between Ventas, Inc. and J. Justin Hutchens.
|
Incorporated by reference herein. Previously filed as Exhibit 10.3 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, filed on May 8, 2020, File No. 001-10989.
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Offer Letter dated January 30, 2020 from Ventas, Inc. to J. Justin Hutchens. |
Filed herewith.
|
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Subsidiaries of Ventas, Inc. | Filed herewith. | ||||||||||||||||
List of Guarantors and Issuers of Guaranteed Securities. | Filed herewith. | ||||||||||||||||
Consent of KPMG LLP. | Filed herewith. | ||||||||||||||||
Certification of Debra A. Cafaro, Chairman and Chief Executive Officer, pursuant to Rule 13a-14(a) under the Exchange Act. | Filed herewith. | ||||||||||||||||
Certification of Robert F. Probst, Executive Vice President and Chief Financial Officer, pursuant to Rule 13a-14(a) under the Exchange Act. | Filed herewith. | ||||||||||||||||
Certification of Debra A. Cafaro, Chairman and Chief Executive Officer, pursuant to Rule 13a-14(b) under the Exchange Act and 18 U.S.C. 1350. | Filed herewith. | ||||||||||||||||
Certification of Robert F. Probst, Executive Vice President and Chief Financial Officer, pursuant to Rule 13a-14(b) under the Exchange Act and 18 U.S.C. 1350. | Filed herewith. | ||||||||||||||||
101 | The following materials from the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, formatted in iXBRL (Inline Extensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Income, (iii) the Consolidated Statements of Comprehensive Income, (iv) the Consolidated Statements of Equity, (v) the Consolidated Statements of Cash Flows, (vi) Notes to the Consolidated Financial Statements and (vii) Schedule III and IV. | Filed herewith. | |||||||||||||||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | Filed herewith. | |||||||||||||||
VENTAS, INC. | |||||||||||
By: | /s/ DEBRA A. CAFARO | ||||||||||
Debra A. Cafaro
Chairman and Chief Executive Officer |
Signature | Title | Date | ||||||
/s/ DEBRA A. CAFARO | Chairman and Chief Executive Officer (Principal Executive Officer) | February 23, 2021 | ||||||
Debra A. Cafaro | ||||||||
/s/ ROBERT F. PROBST | Executive Vice President and Chief Financial Officer (Principal Financial Officer) | February 23, 2021 | ||||||
Robert F. Probst | ||||||||
/s/ GREGORY R. LIEBBE | Senior Vice President, Chief Accounting Officer and Controller (Principal Accounting Officer) | February 23, 2021 | ||||||
Gregory R. Liebbe | ||||||||
/s/ MELODY C. BARNES | Director | February 23, 2021 | ||||||
Melody C. Barnes | ||||||||
/s/ JAY M. GELLERT | Director | February 23, 2021 | ||||||
Jay M. Gellert | ||||||||
/s/ RICHARD I. GILCHRIST | Director | February 23, 2021 | ||||||
Richard I. Gilchrist | ||||||||
/s/ MATTHEW J. LUSTIG | Director | February 23, 2021 | ||||||
Matthew J. Lustig | ||||||||
/s/ ROXANNE M. MARTINO | Director | February 23, 2021 | ||||||
Roxanne M. Martino | ||||||||
/s/ MARGUERITE M. NADER | Director | February 23, 2021 | ||||||
Marguerite M. Nader | ||||||||
/s/ SEAN P. NOLAN | Director | February 23, 2021 | ||||||
Sean P. Nolan | ||||||||
/s/WALTER C. RAKOWICH | Director | February 23, 2021 | ||||||
Walter C. Rakowich | ||||||||
/s/ ROBERT D. REED | Director | February 23, 2021 | ||||||
Robert D. Reed | ||||||||
/s/ JAMES D. SHELTON | Director | February 23, 2021 | ||||||
James D. Shelton | ||||||||
/s/ MAURICE S. SMITH | Director | February 23, 2021 | ||||||
Maurice S. Smith | ||||||||
Term Loans | |||||||||||||||||
Pricing Level |
Debt Ratings
(S&P and Fitch/ Moody’s)
|
Applicable Rate for Eurocurrency Rate Loans | Applicable Rate for Base Rate Loans | ||||||||||||||
1 |
A+ / A1
|
75.0 bps | 0.0 bps | ||||||||||||||
2 | A / A2 | 80.0 bps | 0.0 bps | ||||||||||||||
3 | A- / A3 | 85.0 bps | 0.0 bps | ||||||||||||||
4 | BBB+ / Baa1 | 90.0 bps | 0.0 bps | ||||||||||||||
5 | BBB / Baa2 | 100.0 bps | 0.0 bps | ||||||||||||||
6 | BBB- / Baa3 | 125.0 bps | 25.0 bps | ||||||||||||||
7 | <BBB- / <Baa3 or non-rated |
165.0 bps
|
65.0 bps
|
Indicate:
Requested Amount
|
Indicate:
Base Rate Loan
or
Eurocurrency Rate Loan
|
For Eurocurrency Rate Loans
Indicate:
Interest Period (e.g. 1, 2, 3 or 6 month or 1 week interest period or other period of 12 months or less)
|
||||||
Indicate:
Requested Amount
|
Indicate:
Base Rate Loan
or
Eurocurrency Rate Loan
|
For Eurocurrency Rate Loans
Indicate:
Interest Period (e.g. 1, 2, 3 or 6 month or 1 week interest period or other period of 12 months or less)
|
||||||
VENTAS REALTY, LIMITED PARTNERSHIP | |||||||||||
By: | Ventas, Inc., its General Partner | ||||||||||
By: | |||||||||||
Name: | |||||||||||
Title: |
Title | Executive Vice President & General Counsel, Ventas, Inc. | ||||
Offer Date | December 20, 2019 | ||||
Start Date | On a mutually agreed date on or before February 24, 2020 | ||||
Total Direct Compensation | Our executives receive a combination of Salary, Annual Incentive (Cash Bonus) and Long-Term Incentive (Equity). Your target total annualized direct compensation is $2.6 million, and over $3.5 million at maximum performance levels. | ||||
Salary | Base salary of $475,000 will be paid every other Friday, one week in arrears, consistent with the Company’s payroll practices. | ||||
Annual Incentive |
Commencing on your start date, eligible to participate in the Ventas Annual Cash Incentive Plan. Opportunity to earn 150% of base salary at target, 200% of base salary at maximum performance levels and 100% of base salary at threshold performance levels. Attainment is based on achievement of individual and Company goals approved by the Executive Compensation Committee. It is our intention that your goals will be a combination of enterprise wide goals, consistent with our other Executives, and individual goals. For 2020, your annual incentive payout will be at least at the ‘‘target” level, un-prorated, assuming non-performance conditions (such as remaining employed) to payment are met.
To receive any payment under this plan, you must be employed on the date of payment, which typically occurs in early Q1 of the following year. |
||||
Long-Term Incentive |
Commencing on your start date, eligible to participate in our executive long-term equity incentive compensation plan. This plan provides the opportunity to earn equity awards on an annual basis at 300% of base salary at target, and 444% of base salary at maximum performance levels and 180% of base salary at threshold performance levels. If your start date is in the first quarter of 2020, your award will not be prorated for the three-year period 2020-22.
Equity compensation is currently divided 60% performance-based Restricted Stock Units (“PRSUs”) and 40% time-based Restricted Stock Units (“RSUs”).
•PRSUs are granted at the target value and may be earned and vest at a higher or lower level following a three-year performance period, based on achievement of quantitative Company goals set at the beginning of the performance period. Dividend equivalents will be accrued and paid out following the end of the performance period, if and to the extent the underlying awards are earned.
•RSUs are granted at the target value and will vest in equal 1/3 installments on each of the first three anniversaries of grant date. Dividends will be paid on vested and unvested RSUs in the normal course.
The plan design, type of equity, performance measures and equity awards are determined by the Executive Compensation Committee of the Board of Directors each year.
|
Sign On Bonus/ Up Front Equity Award | On the date your employment commences, to incent you to join Ventas, and in consideration for existing unvested equity and cash bonus expected at your current firm, you will receive: a $1 million cash payment (Sign On Bonus) and $3 million in Ventas equity (restricted stock shares/units or their equivalent, which will include dividends on unvested shares or units) that will vest on the following schedule: one third on each of the first, second and third anniversaries of your start date. The $1 million Sign On Bonus will be repaid by you, on a pro rata basis, to the Company if you are not employed with the Company for 24 full months following the commencement of your employment, other than for death, disability or termination by the Company other than for Cause. | ||||
Relocation Allowance | Because you will be a full-time employee in the Company’s Chicago office, we expect you to relocate your principal residence concurrently with your start date to Chicago. To facilitate your move, Ventas will provide a relocation allowance of $100,000 to cover your out of pocket expenses associated with your household move to Chicago. | ||||
Severance & Restrictive Covenants |
Ventas and you will enter into an Employee Protection and Restrictive Covenants Agreement (“EPA”). The EPA provides for severance upon termination by the Company other than for Cause or by you with Good Reason (an “Involuntary Termination”) equal to (1) one year of annual base salary, (2) target annual cash incentive and (3) a benefits stipend designed to cover the Company-paid portion of continued employee benefits for a period of one year.
If the Involuntary Termination occurs in connection with a change in control the EPA provides for (1) 2.5x your annual base salary, (2) 2.5x your target annual cash incentive and (3) a benefits stipend designed to cover the Company-paid portion of continued employee benefits for a period of two years. The EPA also provides for certain restrictive covenants, including confidentiality provisions that take effect immediately upon execution of the EPA. The termination treatment of equity awards is handled in the respective award agreements. In the event of an Involuntary Termination, our current agreement forms provide for (1) one year of additional vesting for time-vested equity awards, and (2) pro-rated settlement of PRSUs based on actual performance through the termination date. The summary above is qualified in its entirety by the express written language of the EPA and respective award agreements, as approved by the Executive Compensation Committee each year. |
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Benefits Program | You will be eligible to participate in the Company’s medical and other benefit plans pursuant to their terms, as such plans may be amended by the Company from time to time or terminated by the Company in its sole discretion. | ||||
Office Location |
353 North Clark Street, Suite 3300
Chicago, IL 60654 |
||||
Employment Contingency | This term sheet and offer letter are not intended to, nor shall they, constitute an employment agreement for a specified duration of time. The employment relationship is terminable at will, which means that either you or the Company may terminate your employment at any time, and for any reason or no reason, with or without cause, with or without notice. | ||||
Offer Contingency | Employment and compensation are subject to satisfactory results of background check and reference verification as well as approval by the Executive Compensation Committee of the Board of Directors. |
Signature: | /s/ Carey Roberts | Date: | 12/22/2019 |
Title | Executive Vice President, Ventas North American Senior Living, Ventas, Inc. | ||||
Offer Date | January 26, 2019 | ||||
Start Date | This proposal is contingent upon your ability to start in a full time role on a mutually agreed date on or before April 1, 2020 and Ventas publicly announcing your pending employment on or before February 20, 2020. | ||||
Total Direct Compensation & Up Front Equity |
Our executives receive a combination of Salary, Annual Incentive (Cash Bonus) and Long-Term Incentive (Equity). Your target total annualized direct compensation is $2.75 million, and over $3.7 million at maximum performance levels.
On the date your employment commences, to incent you to join Ventas, and in consideration for forfeiture of existing unvested equity at your current firm, you will receive: $3 million in Ventas equity (restricted stock shares/units or their equivalent, which will immediately receive cash dividends on all unvested shares or units). This equity will vest ratably, without performance conditions, on the first through third anniversaries of your start date.
In addition, the Company will consider if practical acquiring your personal investment in HC-One at its current market value assuming transferability can be achieved.
|
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Salary | Base annual salary of $500,000, payable ratably an every other Friday, one week in arrears, consistent with the Company’s payroll practices. | ||||
Annual incentive |
Commencing on your start date, eligible to participate in the Ventas Annual Cash Incentive Plan. Opportunity to earn 150% of base salary at target, and 200% of base salary at maximum performance, levels respectively. Attainment is based on achievement of individual and Company goals approved by the Executive Compensation Committee. Your goals will be a combination of enterprise wide goals, consistent with our other Executives, and individual goals. For 2020, your annual incentive payout will be at least at the “target” level, assuming non-performance conditions (such as remaining employed) to payment are met. Your 2020 bonus will not be prorated if your employment commences prior to the Start Date.
To receive any payment under this plan, you must be employed on the date of payment which typically occurs in early Q1 of the following year.
|
Long-Term Incentive |
Commencing on your start date, you will be eligible to participate in our executive long-term equity incentive compensation plan. This plan provides the opportunity to earn equity awards on an annual basis at 300% of base salary at target, and 444% of base salary at maximum performance levels, respectively.
Equity compensation is currently divided 60% performance-based Restricted Stock Units (“PRSUs”) and 40% time-based Restricted Stock Units (“RSUs”).
•PRSUs are granted at the target value and may be earned and vest at a higher or lower level following a three-year performance period, based on achievement of quantitative Company goals set at the beginning of the performance period. Dividend equivalents will be accrued and paid out following the end of the performance period, if and to the extent the underlying awards are earned.
•RSUs are granted at the target value and will vest in equal 1/3 installments on each of the first three anniversaries of grant date. Dividends will be paid on vested and unvested RSUs in the normal course.
The plan design, type of equity, performance measures and equity awards are determined by the Executive Compensation Committee of the Board of Directors each year.
|
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Relocation Allowance | Because you will be a full-time employee in the Company’s Chicago office, we expect you to relocate your principal residence concurrently with your start date to the great Chicago area. To facilitate your move, Ventas will provide a standard relocation package to cover your out of pocket expenses associated with your household move to Chicago. | ||||
Mutual Protection Agreements | Ventas and you will enter into an Employee Protection and Restrictive Covenants Agreement (“EPA”) and award agreements for your equity grants, in each case consistent with those in place with other EVPs. | ||||
Benefits Program | You will be eligible to participate in the Company’s medical and other benefit plans pursuant to their terms, as such plans may be amended by the Company from time to time or terminated by the Company in its sole discretion. | ||||
Office Location |
353 North Clark Street, Suite 3330
Chicago, IL 60654 |
||||
Employment Contingency | This term sheet and offer letter are not intended to, nor shall they, constitute an employment agreement for a specified duration of time The employment relationship is terminable at will, which means that either you or the Company may terminate your employment at any time, and for any reason or no reason, with or without cause, with or without notice. | ||||
Offer Contingencies | Employment and compensation are subject to: (a) satisfactory results of background check and reference verification; (b) your ability to begin on or before the Start Date referenced earlier in this Term Sheet; (c) your execution of, and compliance with, the Employee Acknowledgements document attached as Exhibit A; and (d) approval by the Executive Compensation Committee of the, and the full, Board of Directors. |
/s/ J. Justin Hutchens | ||
J. Justin Hutchens |
Entity Name |
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1425 Hunt Club, LLC | Delaware | ||||
1445 Hunt Club, LLC | Delaware | ||||
14851 Yorba Street, LLC | Delaware | ||||
200 Andrews, LLC | South Carolina | ||||
2010 Union Limited Partnership | Washington | ||||
251 Medical Center, LLC | Delaware | ||||
253 Medical Center, LLC | Delaware | ||||
311 South Sarah, LLC | Delaware | ||||
3737 Market Investment Fund, LLC | Missouri | ||||
4210 Duncan, LLC | Delaware | ||||
4220 Duncan Holding, LLC | Delaware | ||||
4220 Duncan JV, LLC | Delaware | ||||
4220 Duncan, LLC | Delaware | ||||
5051 Centre Developer JV, LLC | Delaware | ||||
5051 Centre Unit 1 Owner, LLC | Delaware | ||||
5051 Centre Unit 2 Owner, LLC | Delaware | ||||
755 Milwaukee MOB, LLC | Delaware | ||||
890 Professional MOB, LLC | Delaware | ||||
AHS Oklahoma Health System, LLP | Delaware | ||||
AHS Oklahoma Holdings, Inc. | Delaware | ||||
AHS Oklahoma Hospitals, Inc. | Delaware | ||||
AL (AP) Holding LLC | Delaware | ||||
AL (HCN) Holding LLC | Delaware | ||||
AL (MT) Holding LLC | Delaware | ||||
AL I/East Brunswick Senior Housing Propco, LLC | Delaware | ||||
AL I/East Brunswick Senior Housing, LLC | Delaware | ||||
AL I/Glen Ellyn Senior Housing, LLC | Delaware | ||||
AL I/La Costa Senior Housing Propco, LP (f/k/a Mountview Propco, LP) | Delaware | ||||
AL I/LA COSTA SENIOR HOUSING, LLC | Delaware | ||||
AL I/Naperville Senior Housing Opco, LLC (f/k/a Grayson Valley Propco, LLC) | Delaware | ||||
AL I/Naperville Senior Housing, LLC | Delaware | ||||
AL I/North Lynbrook Senior Housing Propco, LLC | Delaware | ||||
AL I/North Lynbrook Senior Housing, LLC | Delaware | ||||
AL I/Pinehurst Senior Housing Propco, LLC | Delaware | ||||
AL I/Pinehurst Senior Housing, LLC | Delaware | ||||
AL I/Providence Senior Housing Opco, LP (fka Rivershire Propco, LLC) | Delaware | ||||
AL I/Providence Senior Housing, LP (fka AL I/Providence Senior Housing, LLC) | Delaware | ||||
AL I/Richmond Senior Housing Opco, LLC | Delaware | ||||
AL I/Richmond Senior Housing, LLC | Delaware | ||||
AL I/Stamford Senior Housing Propco, LLC | Delaware | ||||
AL I/Stamford Senior Housing, LLC | Delaware | ||||
AL I/Woodcliff Lake Senior Housing Propco, LLC | Delaware | ||||
AL I/Woodcliff Lake Senior Housing, LLC | Delaware |
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AL III Investments Propco, LP (f/k/a Grossmont Gardens Propco, LP) | Delaware | ||||
AL III Investments, L.L.C. | Virginia | ||||
AL One Investments, LLC | Delaware | ||||
AL One PA Investments Opco, LLC | Delaware | ||||
AL One PA Investments, LLC | Delaware | ||||
AL Subfunding LLC | Delaware | ||||
Albuquerque AL RE, L.P. | Delaware | ||||
ALH Holdings, LLC | Delaware | ||||
Allison Park Nominee LLC | Delaware | ||||
Allison Park Nominee LP | Delaware | ||||
Amber Meadow Retirement Ltd. | British Columbia | ||||
American Retirement Villas Properties II, LP | California | ||||
American Retirement Villas Properties III, LP | California | ||||
Anchor Cogdell Covington, LLC | Kentucky | ||||
Anchor Cogdell Doylestown GP, LLC | Pennsylvania | ||||
Anchor Cogdell Doylestown, LP | Pennsylvania | ||||
Anchor Cogdell Florence, LLC | Kentucky | ||||
Anchor Cogdell, LLC | Delaware | ||||
AOC Bonita Opco, LP | Delaware | ||||
AOC CA Opco GP Partner, LLC | Delaware | ||||
AOC Glen Ellyn Opco, LLC (f/k/a Arlington Propco, LLC) | Delaware | ||||
AOC North Ann Arbor Opco, LLC (fka Mainland Propco, LLC) | Delaware | ||||
AOC Rancho Mirage Opco, LP | Delaware | ||||
AOC San Felipe Opco, LP | Delaware | ||||
ARCHCT Cambr Dallas, LLC | Delaware | ||||
ARCHCT Cambr UWSC, LLC | Delaware | ||||
ARCHCT Dasco Odessa, LLC | Delaware | ||||
ARCHCT Dasco Peoria, LLC | Delaware | ||||
ARHC 80NEWNY01, LLC | Delaware | ||||
ARHC ADCRYIL01, LLC | Delaware | ||||
ARHC AHKENWI01 Member, LLC | Delaware | ||||
ARHC AHKENWI01, LLC | Delaware | ||||
ARHC AMATHGA01, LLC | Delaware | ||||
ARHC AMHTDWI01, LLC | Delaware | ||||
ARHC AMNNHWI01, LLC | Delaware | ||||
ARHC AMOFLMO01, LLC | Delaware | ||||
ARHC AMOFLMO02, LLC | Delaware | ||||
ARHC AMTRVWI01, LLC | Delaware | ||||
ARHC ASSTBSC01, LLC | Delaware | ||||
ARHC ATASHNC01 TRS, LLC | Delaware | ||||
ARHC ATASHNC01, LLC | Delaware | ||||
ARHC ATATHGA01 TRS, LLC | Delaware | ||||
ARHC ATATHGA01, LLC | Delaware | ||||
ARHC ATATLGA01 TRS, LLC | Delaware | ||||
ARHC ATATLGA01, LLC | Delaware |
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ARHC ATDECGA01 TRS, LLC | Delaware | ||||
ARHC ATDECGA01, LLC | Delaware | ||||
ARHC ATDECGA02 TRS, LLC | Delaware | ||||
ARHC ATDECGA02, LLC | Delaware | ||||
ARHC ATKNOTN01 TRS, LLC | Delaware | ||||
ARHC ATKNOTN01, LLC | Delaware | ||||
ARHC ATLARFL01 TRS, LLC | Delaware | ||||
ARHC ATLARFL01, LLC | Delaware | ||||
ARHC BCCHIIL01, LLC | Delaware | ||||
ARHC BHCOVGA01 TRS, LLC | Delaware | ||||
ARHC BHCOVGA01, LLC | Delaware | ||||
ARHC BHDOUGA01 TRS, LLC | Delaware | ||||
ARHC BHDOUGA01, LLC | Delaware | ||||
ARHC BHNEWGA01 TRS LLC | Delaware | ||||
ARHC BHNEWGA01, LLC | Delaware | ||||
ARHC BHPALFL01 TRS, LLC | Delaware | ||||
ARHC BHPALFL01, LLC | Delaware | ||||
ARHC BHPAWMI01, LLC | Delaware | ||||
ARHC BHSTOGA01 TRS, LLC | Delaware | ||||
ARHC BHSTOGA01, LLC | Delaware | ||||
ARHC BHSUGGA01 TRS, LLC | Delaware | ||||
ARHC BHSUGGA01, LLC | Delaware | ||||
ARHC BLDTNTX001, LLC | Delaware | ||||
ARHC BMBUCAZ01, LLC | Delaware | ||||
ARHC BMPCYFL01, LLC | Delaware | ||||
ARHC BMPCYFL02, LLC | Delaware | ||||
ARHC BPBRMWA01 TRS, LLC | Delaware | ||||
ARHC BPBRMWA01, LLC | Delaware | ||||
ARHC BRBRITN01, LLC | Delaware | ||||
ARHC BTFMYFL01 TRS, LLC | Delaware | ||||
ARHC BTFMYFL01, LLC | Delaware | ||||
ARHC BTNAPFL01 TRS, LLC | Delaware | ||||
ARHC BTNAPFL01, LLC | Delaware | ||||
ARHC CAROCCA01 TRS, LLC | Delaware | ||||
ARHC CAROCCA01, LLC | Delaware | ||||
ARHC CCMKAIN01, LLC | Delaware | ||||
ARHC CHWLBNJ001, LLC | Delaware | ||||
ARHC CHWLBNJ002, LLC | Delaware | ||||
ARHC CKSFDPA01, LLC | Delaware | ||||
ARHC CKSFDPA02, LLC | Delaware | ||||
ARHC CKSFDPA03, LLC | Delaware | ||||
ARHC CLCRYIL01, LLC | Delaware | ||||
ARHC CSVANWA01 TRS, LLC | Delaware | ||||
ARHC CSVANWA01, LLC | Delaware | ||||
ARHC CTCRCNV001 LLC | Delaware |
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ARHC CTCTYNV01, LLC | Delaware | ||||
ARHC CVSALOR01 TRS, LLC | Delaware | ||||
ARHC CVSALOR01, LLC | Delaware | ||||
ARHC DDMTRAR001, LLC | Delaware | ||||
ARHC DDPLIIN01, LLC | Delaware | ||||
ARHC DDRKFIL001, LLC | Delaware | ||||
ARHC DMLSVNV001 LLC | Delaware | ||||
ARHC DRFTWIN01, LLC | Delaware | ||||
ARHC DRLITCO01, LLC | Delaware | ||||
ARHC ELEDMWA01 TRS, LLC | Delaware | ||||
ARHC ELEDMWA01, LLC | Delaware | ||||
ARHC EPLHAFL01, LLC | Delaware | ||||
ARHC ERELKMN01, LLC | Delaware | ||||
ARHC FCFAYGA01, LLC | Delaware | ||||
ARHC FDMTRLA01, LLC | Delaware | ||||
ARHC GBSNATX001 LLC | Delaware | ||||
ARHC GHANDSC01 TRS, LLC | Delaware | ||||
ARHC GHANDSC01, LLC | Delaware | ||||
ARHC GRFTWTX01, LLC | Delaware | ||||
ARHC GWWSLOH01 TRS, LLC | Delaware | ||||
ARHC GWWSLOH01, LLC | Delaware | ||||
ARHC HFSFDMI01, LLC | Delaware | ||||
ARHC HRCYCA001, LLC | Delaware | ||||
ARHC HRININ001, LLC | Delaware | ||||
ARHC HRONWI001, LLC | Delaware | ||||
ARHC HRWAWI001, LLC | Delaware | ||||
ARHC LHPLNTX01, LLC | Delaware | ||||
ARHC LMFKNWI01, LLC | Delaware | ||||
ARHC LMFTWIN01, LLC | Delaware | ||||
ARHC LMGEDWI01, LLC | Delaware | ||||
ARHC LPLLKFL01, LLC | Delaware | ||||
ARHC LPLLKFL01TRS, LLC | Delaware | ||||
ARHC LVHVSAZ01, LLC | Delaware | ||||
ARHC MHHOUTX01, LLC | Delaware | ||||
ARHC MHMISIN01, LLC | Delaware | ||||
ARHC MHWYOMI01, LLC | Delaware | ||||
ARHC MMMINND01, LLC | Delaware | ||||
ARHC MNPERIL001, LLC | Delaware | ||||
ARHC NCWTNNY01, LLC | Delaware | ||||
ARHC NFTSEFL01, LLC | Delaware | ||||
ARHC NSALBNY01, LLC | Delaware | ||||
ARHC NSMARGA01, LLC | Delaware | ||||
ARHC NSMARGA02, LLC | Delaware | ||||
ARHC NVPHXAZ01, LLC | Delaware | ||||
ARHC OCCOOOR01 TRS, LLC | Delaware |
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ARHC OCCOOOR01, LLC | Delaware | ||||
ARHC ORCOOOR01 TRS, LLC | Delaware | ||||
ARHC ORCOOOR01, LLC | Delaware | ||||
ARHC ORODSTX001, LLC | Delaware | ||||
ARHC PCNWNGA01, LLC | Delaware | ||||
ARHC PHHBGPA01, LLC | Delaware | ||||
ARHC PPKLAOR01 TRS, LLC | Delaware | ||||
ARHC PPKLAOR01, LLC | Delaware | ||||
ARHC PPMOLOR01 TRS, LLC | Delaware | ||||
ARHC PPMOLOR01, LLC | Delaware | ||||
ARHC PVCLAOR01 TRS, LLC | Delaware | ||||
ARHC PVCLAOR01, LLC | Delaware | ||||
ARHC RCAURIL01, LLC | Delaware | ||||
ARHC RCAURIL02, LLC | Delaware | ||||
ARHC Restora Participant, LLC | Delaware | ||||
ARHC RHGARNC01, LLC | Delaware | ||||
ARHC RHSALOR01 TRS, LLC | Delaware | ||||
ARHC RHSALOR01, LLC | Delaware | ||||
ARHC RMRIVGA01, LLC | Delaware | ||||
ARHC RRDALTX001 LLC | Delaware | ||||
ARHC RRHUSTX001, LLC | Delaware | ||||
ARHC SCTMBTX001 LLC | Delaware | ||||
ARHC SCTXRTX001, LLC | Delaware | ||||
ARHC SCWDSNJ01, LLC | Delaware | ||||
ARHC SFMIDVA01, LLC | Delaware | ||||
ARHC SHWYOMI01, LLC | Delaware | ||||
ARHC SMSFDMO01, LLC | Delaware | ||||
ARHC SMSTBSC01, LLC | Delaware | ||||
ARHC SMSVLTX01, LLC | Delaware | ||||
ARHC SOKTYTX01 TRS, LLC | Delaware | ||||
ARHC SOKTYTX01, LLC | Delaware | ||||
ARHC SPGUINY01, LLC | Delaware | ||||
ARHC SSBHMWA01 TRS, LLC | Delaware | ||||
ARHC SSBHMWA01, LLC | Delaware | ||||
ARHC SSEVTWA01 TRS, LLC | Delaware | ||||
ARHC SSEVTWA01, LLC | Delaware | ||||
ARHC SVSCLCA01 TRS, LLC | Delaware | ||||
ARHC SVSCLCA01, LLC | Delaware | ||||
ARHC SWKLDTX01, LLC | Delaware | ||||
ARHC TCARLTX01, LLC | Delaware | ||||
ARHC TRS Holdco, LLC | Delaware | ||||
ARHC UCFOLCA01, LLC | Delaware | ||||
ARHC UCFOLCA02, LLC | Delaware | ||||
ARHC UHPTHMN01, LLC | Delaware | ||||
ARHC UWMNAWI001, LLC | Delaware |
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ARHC VCWICKS01, LLC | Delaware | ||||
ARHC VHCTMIL01, LLC | Delaware | ||||
ARHC VHEFFIL01, LLC | Delaware | ||||
ARHC VHHERIL01, LLC | Delaware | ||||
ARHC VHMSLIL01, LLC | Delaware | ||||
ARHC VHNWTIL01, LLC | Delaware | ||||
ARHC VHSVLIL01, LLC | Delaware | ||||
ARHC VSHOUTX01, LLC | Delaware | ||||
ARHC VSJBREIL01, LLC | Delaware | ||||
ARHC VURMDVA01, LLC | Delaware | ||||
ARHC WCROCIL01 TRS, LLC | Delaware | ||||
ARHC WCROCIL01, LLC | Delaware | ||||
ARHC WEMINND01, LLC | Delaware | ||||
ARHC WMABQNM01 TRS, LLC | Delaware | ||||
ARHC WMABQNM01, LLC | Delaware | ||||
ARHC WMSUNAZ01 TRS, LLC | Delaware | ||||
ARHC WMSUNAZ01, LLC | Delaware | ||||
ASL Leasehold Sub, LLC | Delaware | ||||
Atria Collier Park, LLC | Delaware | ||||
Atria Lynnbrooke (Irvine), L.P. | Delaware | ||||
Atria Lynnbrooke G.P., LLC | Delaware | ||||
Atria Meridian, LLC | Delaware | ||||
Atria Northgate Park, LLC | Delaware | ||||
Atria Shorehaven, LLC | Delaware | ||||
Atria Vista del Rio, LLC | Delaware | ||||
Atrium at Weston Place, LLC | Tennessee | ||||
Augusta Medical Partners, LLC | Georgia | ||||
Baltimore Garage Funding, LLC | Maryland | ||||
Baltimore Life Sciences Research Park, LLC | Delaware | ||||
Baltimore LSRP One, Business Trust | Maryland | ||||
Baltimore LSRP Two, Business Trust | Maryland | ||||
BCC Altoona Realty GP, LLC | Delaware | ||||
BCC Altoona Realty, LLC | Delaware | ||||
BCC Altoona Realty, LP | Delaware | ||||
BCC Berwick Realty GP, LLC | Delaware | ||||
BCC Berwick Realty, LLC | Delaware | ||||
BCC Berwick Realty, LP | Delaware | ||||
BCC Lewistown Realty GP, LLC | Delaware | ||||
BCC Lewistown Realty, LLC | Delaware | ||||
BCC Lewistown Realty, LP | Delaware | ||||
BCC Martinsburg Realty, LLC | Delaware | ||||
BCC Medina Realty, LLC | Delaware | ||||
BCC Mid Valley Operations, LLC | Delaware | ||||
BCC Ontario Realty, LLC | Delaware | ||||
BCC Reading Realty GP, LLC | Delaware |
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BCC Reading Realty, LLC | Delaware | ||||
BCC Reading Realty, LP | Delaware | ||||
BCC Shippensburg Realty, LLC | Delaware | ||||
BCC State College Realty GP, LLC | Delaware | ||||
BCC State College Realty, LLC | Delaware | ||||
BCC State College Realty, LP | Delaware | ||||
BCC Washington Township Realty, LLC | Delaware | ||||
BD Camelot Opco, LLC | Delaware | ||||
BD Holdco, LLC | Delaware | ||||
BD Lakeview Crossing Opco, LLC | Delaware | ||||
BD Medina South Opco, LLC | Delaware | ||||
BD Mount Vernon Opco, LLC | Delaware | ||||
BD Zanesville Opco, LLC | Delaware | ||||
Bedford AL RE, LLC | Delaware | ||||
BioPark Fremont, LLC | Delaware | ||||
BLC of California – San Marcos, L.P. | Delaware | ||||
BLSRP Funding I, LLC | Delaware | ||||
BMR-3500 Paramount Parkway, LLC | Delaware | ||||
Bonney Lake MOB Investors, LLC | Washington | ||||
BP Opco, LLC | Delaware | ||||
BP Principal, LLC | Delaware | ||||
BP Propco, LLC | Delaware | ||||
Brandon MOB Investors, LLC | Mississippi | ||||
Brandon Retirement Group Ltd. | British Columbia | ||||
BRDG Park at Danforth Center, LLC | Missouri | ||||
Brookdale Holdings, LLC | Delaware | ||||
Brookdale Living Communities of Arizona-EM, LLC | Delaware | ||||
Brookdale Living Communities of California, LLC | Delaware | ||||
Brookdale Living Communities of California-RC, LLC | Delaware | ||||
Brookdale Living Communities of California-San Marcos, LLC | Delaware | ||||
Brookdale Living Communities of Connecticut, LLC | Delaware | ||||
Brookdale Living Communities of Florida-CL, LLC | Delaware | ||||
Brookdale Living Communities of Illinois-2960, LLC | Delaware | ||||
Brookdale Living Communities of Illinois-HV, LLC | Delaware | ||||
Brookdale Living Communities of Illinois-II, LLC | Delaware | ||||
Brookdale Living Communities of Massachusetts-RB, LLC | Delaware | ||||
Brookdale Living Communities of Minnesota, LLC | Delaware | ||||
Brookdale Living Communities of New Jersey, LLC | Delaware | ||||
Brookdale Living Communities of New York-GB, LLC | Delaware | ||||
Brookdale Living Communities of Washington-PP, LLC | Delaware | ||||
Brunswick MOB, LLC | Georgia | ||||
BSG CS, LLC (f/k/a BSG Erdman, LLC) | Wisconsin | ||||
BSP Holding, LLC | Maryland | ||||
BSP Three Holding, LLC | Delaware | ||||
Burlington Retirement Group Ltd. | British Columbia |
Entity Name |
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Cabarrus Medical Partners, LP | North Carolina | ||||
Cabarrus POB, LP | North Carolina | ||||
Calgarian Retirement Group II Ltd. | British Columbia | ||||
Calgarian Retirement Group Ltd. | British Columbia | ||||
Cambridge Development, L.L.C. | New York | ||||
Canyon Meadows Retirement Ltd. | British Columbia | ||||
Carroll Medical Office Associates, LLC | Delaware | ||||
Carroll Medical Office Holdings, LLC | Delaware | ||||
Carrollwood Assisted Living, LLC | Delaware | ||||
Chippewa Nominee LLC | Delaware | ||||
Chippewa Nominee LP | Delaware | ||||
Clackamas Woods Assisted Living, LLC | Oregon | ||||
Coast to Coast Assisted Living Realty, LLC | New York | ||||
Cogdell Cleveland Rehab, L.P. | Ohio | ||||
Cogdell Duluth MOB, LLC | Minnesota | ||||
Cogdell Health Campus MOB, LP | Pennsylvania | ||||
Cogdell Investors (Birkdale II), LP | North Carolina | ||||
Cogdell Investors (Birkdale), LP | North Carolina | ||||
Cogdell Investors (Mallard), LP | North Carolina | ||||
Cogdell Investors (OSS), LP | North Carolina | ||||
Cogdell Lancaster Rehab, LP | Pennsylvania | ||||
Cogdell Spencer Advisors Management, LLC | Delaware | ||||
Cogdell Spencer Advisors, LLC | Delaware | ||||
Cogdell Spencer LP | Delaware | ||||
Cogdell Spencer TRS Holdings, LLC | Delaware | ||||
Collwood Knolls | California | ||||
Collwood Knolls Acquisition L.L.C. | Delaware | ||||
Consera BSD, LLC | Delaware | ||||
Consera Healthcare Real Estate, LLC | South Carolina | ||||
Copperfield MOB, LP | North Carolina | ||||
CPH MOB, LLC | Delaware | ||||
Cranford Development, LLC | Delaware | ||||
CRB Federal, LLC | Delaware | ||||
CRB Investors, LLC | Delaware | ||||
Crimson Dorset Limited | United Kingdom | ||||
Crimson Dorset Properties Limited | United Kingdom | ||||
Crystal View Lodge Ltd. | British Columbia | ||||
CS Business Trust I | Maryland | ||||
CS Business Trust II | Maryland | ||||
CSA Medical Partners Management, LLC | Delaware | ||||
CSL Opco Holdco, LLC | Delaware | ||||
Cutter Mill, LLC | Delaware | ||||
CV South Street Landing LLC | Rhode Island | ||||
Dillsburg Nominee LLC | Delaware | ||||
Dillsburg Nominee LP | Delaware |
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Drexel University City Development, LLC | Pennsylvania | ||||
DV Greenville MOB LLC | Delaware | ||||
DV Parker II MOB LLC | Delaware | ||||
EA-BSB 2, L.L.C. | Delaware | ||||
East Houston Medical Plaza, LLC | Delaware | ||||
East Houston MOB, LLC | Delaware | ||||
East Jefferson Medical Office Building Limited Partnership | Louisiana | ||||
East Jefferson Medical Plaza, LLC | Louisiana | ||||
East Jefferson Medical Specialty Building | Louisiana | ||||
East Northport, LLC | Delaware | ||||
East Rocky Mount Kidney Center Associates, LP | North Carolina | ||||
EC Opco Allison Park, LLC | Delaware | ||||
EC Opco Altoona, LLC | Delaware | ||||
EC Opco Arlington, LLC | Delaware | ||||
EC Opco Asheboro, LP | Delaware | ||||
EC Opco Austin, LLC | Delaware | ||||
EC Opco Bartlett, LLC | Delaware | ||||
EC Opco Bedford, LLC | Delaware | ||||
EC Opco Berwick, LLC | Delaware | ||||
EC Opco Braeswood, LLC | Delaware | ||||
EC Opco Brentwood, LLC | Delaware | ||||
EC Opco Bristol, LLC | Delaware | ||||
EC Opco Byrd Springs, LLC | Delaware | ||||
EC Opco CA GP, LLC | Delaware | ||||
EC Opco CA Partner I, LLC | Delaware | ||||
EC Opco CA Partner II, LLC | Delaware | ||||
EC Opco CA Partner III, LLC | Delaware | ||||
EC Opco CA Partner IV, LLC | Delaware | ||||
EC Opco CA Partner V, LLC | Delaware | ||||
EC Opco CA Partner VI, LLC | Delaware | ||||
EC Opco Carrollwood, LLC | Delaware | ||||
EC Opco Chesterfield, LLC | Delaware | ||||
EC Opco Chippewa, LLC | Delaware | ||||
EC Opco Cottonwood, LLC | Delaware | ||||
EC Opco Cramerton, LP | Delaware | ||||
EC Opco Cy-Fair, LLC | Delaware | ||||
EC Opco Dillsburg, LLC | Delaware | ||||
EC Opco Downriver, LLC | Delaware | ||||
EC Opco Florence KY, LLC | Delaware | ||||
EC Opco Florence SC, LLC | Delaware | ||||
EC Opco Grayson Valley, LLC | Delaware | ||||
EC Opco Grossmont Gardens, LP | Delaware | ||||
EC Opco Hagerstown, LLC | Delaware | ||||
EC Opco Halcyon, LLC | Delaware | ||||
EC Opco Halls, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
EC Opco Hamilton Place, LLC | Delaware | ||||
EC Opco Harrisburg, LP | Delaware | ||||
EC Opco Hendersonville NC, LP | Delaware | ||||
EC Opco Hendersonville, LLC | Delaware | ||||
EC Opco Heritage Woods, LLC | Delaware | ||||
EC Opco Hillsborough, LP | Delaware | ||||
EC Opco Holdco I Sub, Inc. | Delaware | ||||
EC Opco Holdco I, LLC | Delaware | ||||
EC Opco Holdco II, LLC | Delaware | ||||
EC Opco Irving, LLC | Delaware | ||||
EC Opco Jackson, LLC | Delaware | ||||
EC Opco Johnson City, LLC | Delaware | ||||
EC Opco Kentwood, LLC | Delaware | ||||
EC Opco Kingsport, LLC | Delaware | ||||
EC Opco La Mesa, LP | Delaware | ||||
EC Opco Lake Jackson, LLC | Delaware | ||||
EC Opco Lakemont Farms, LLC | Delaware | ||||
EC Opco Las Villas Del Carlsbad, LP | Delaware | ||||
EC Opco Las Villas Del Norte, LP | Delaware | ||||
EC Opco Lebanon PA, LLC | Delaware | ||||
EC Opco Lebanon TN, LLC | Delaware | ||||
EC Opco Lewisburg, LLC | Delaware | ||||
EC Opco Lima, LLC | Delaware | ||||
EC Opco Little Avenue, LP | Delaware | ||||
EC Opco Lorain, LLC | Delaware | ||||
EC Opco Loyalsock, LLC | Delaware | ||||
EC Opco Mainland, LLC | Delaware | ||||
EC Opco Martinez, LLC | Delaware | ||||
EC Opco Martinsburg, LLC | Delaware | ||||
EC Opco Maumelle, LLC | Delaware | ||||
EC Opco Medina, LLC | Delaware | ||||
EC Opco Mid Valley, LLC | Delaware | ||||
EC Opco Mount Washington, LLC | Delaware | ||||
EC Opco Mountain Home, LLC | Delaware | ||||
EC Opco Mountview, LP | Delaware | ||||
EC Opco Muncie, LLC | Delaware | ||||
EC Opco Murfreesboro, LLC | Delaware | ||||
EC Opco NC Partner I, LLC | Delaware | ||||
EC Opco NC Partner II, LLC | Delaware | ||||
EC Opco NC Partner III, LLC | Delaware | ||||
EC Opco NC Partner IV, LLC | Delaware | ||||
EC Opco NC Partner IX, LLC | Delaware | ||||
EC Opco NC Partner V, LLC | Delaware | ||||
EC Opco NC Partner VI, LLC | Delaware | ||||
EC Opco NC Partner VII, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
EC Opco NC Partner VIII, LLC | Delaware | ||||
EC Opco NC Partner X, LLC | Delaware | ||||
EC Opco NC Partner XI, LLC | Delaware | ||||
EC Opco NC Partner XII, LLC | Delaware | ||||
EC Opco Newton, LP | Delaware | ||||
EC Opco Northridge, LP | Delaware | ||||
EC Opco Ontario, LLC | Delaware | ||||
EC Opco Pensacola, LLC | Delaware | ||||
EC Opco Point Loma, LP | Delaware | ||||
EC Opco Quintessence, LLC | Delaware | ||||
EC Opco Rancho Vista, LP | Delaware | ||||
EC Opco Reading, LLC | Delaware | ||||
EC Opco Reedsville, LLC | Delaware | ||||
EC Opco River Centre, LLC | Delaware | ||||
EC Opco Rivershire, LLC | Delaware | ||||
EC Opco Roswell, LLC | Delaware | ||||
EC Opco Sagamore Hills, LLC | Delaware | ||||
EC Opco Salisbury, LP | Delaware | ||||
EC Opco Saxonburg, LLC | Delaware | ||||
EC Opco SC, LLC | Delaware | ||||
EC Opco Shallowford, LLC | Delaware | ||||
EC Opco Shelby, LP | Delaware | ||||
EC Opco Sherwood, LLC | Delaware | ||||
EC Opco Shippensburg, LLC | Delaware | ||||
EC Opco Southern Pines, LP | Delaware | ||||
EC Opco Southport, LP | Delaware | ||||
EC Opco Tallahassee Memory, LLC | Delaware | ||||
EC Opco Tallahassee, LLC | Delaware | ||||
EC Opco Teays Valley, LLC | Delaware | ||||
EC Opco Tempe, LLC | Delaware | ||||
EC Opco Timberlin Parc, LLC | Delaware | ||||
EC Opco Victoria, LLC | Delaware | ||||
EC Opco Washington Township, LLC | Delaware | ||||
EC Opco West Knoxville, LLC | Delaware | ||||
EC Opco Wharton, LLC | Delaware | ||||
EC Opco Windcrest, LLC | Delaware | ||||
EC Opco Xenia, LLC | Delaware | ||||
EC Opco York, LLC | Delaware | ||||
ECS Holdco, LLC | Delaware | ||||
Edmonton Retirement Group Ltd. | British Columbia | ||||
Eglise Properties Limited | United Kingdom | ||||
Elder Healthcare Developers, LLC | Georgia | ||||
ElderTrust | Maryland | ||||
ESL Holdings, LLC | Delaware | ||||
ET Belvedere Finance, L.L.C. | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
ET Berkshire, LLC | Delaware | ||||
ET Capital, LLC (f/k/a ET Capital Corp.) | Delaware | ||||
ET DCMH Finance, L.L.C. | Delaware | ||||
ET GENPAR, L.L.C | Delaware | ||||
ET Lehigh, LLC | Delaware | ||||
ET Pennsburg Finance, L.L.C. | Delaware | ||||
ET POBI Finance, L.L.C. | Delaware | ||||
ET Sanatoga, LLC | Delaware | ||||
ET Sub-Belvedere Limited Partnership, L.L.P. | Virginia | ||||
ET Sub-Berkshire Limited Partnership | Delaware | ||||
ET Sub-DCMH Limited Partnership, L.L.P | Virginia | ||||
ET Sub-Heritage Woods, L.L.C. | Delaware | ||||
ET Sub-Highgate, L.P. | Pennsylvania | ||||
ET Sub-Lehigh Limited Partnership | Delaware | ||||
ET Sub-Lopatcong, L.L.C. | Delaware | ||||
ET Sub-Pennsburg Manor Limited Partnership, L.L.P. | Virginia | ||||
ET Sub-POB I Limited Partnership, L.L.P. | Virginia | ||||
ET Sub-Sanatoga Limited Partnership | Delaware | ||||
ET Sub-Wayne I Limited Partnership, L.L.P. | Virginia | ||||
ET Wayne Finance, L.L.C. | Delaware | ||||
FAB Pivot, LLC (f/k/a VTR Bondco Holdco, LLC) | Delaware | ||||
Facility at Tanasbourne JV1, LLC | Delaware | ||||
Fair Oak Assisted Living L.L.C. | Delaware | ||||
Fair Oak Assisted Living Propco L.P. | Delaware | ||||
Florence Realty, LLC | Delaware | ||||
Fonds Immobilier Groupe Maurice, S.E.C. | Quebec | ||||
Franciscan Development Company, LLC | North Carolina | ||||
Fredericton Retirement Group Ltd. | British Columbia | ||||
Gaston MOB, LP | North Carolina | ||||
Good Sam MOB Investors, LLC | Washington | ||||
Great Neck, LLC | Delaware | ||||
Greenville MOB Owners LLC | Delaware | ||||
Gurnee Centre Club, LLC | Delaware | ||||
Gurnee Imaging Center, LLC | Delaware | ||||
Halcyon Realty Propco, LLC (f/k/a EC Halcyon Realty, LLC) | Delaware | ||||
Hamilton Place Realty Propco, LLC (f/k/a EC Hamilton Place Realty, LLC) | Delaware | ||||
Hamilton Retirement Group Ltd. | British Columbia | ||||
Hanover MOB, LLC | Virginia | ||||
Harper Court Phase II JV, LLC | Delaware | ||||
Harper Court Phase II Owner, LLC | Delaware | ||||
Harrisburg Medical Clinic, LP | North Carolina | ||||
Health Park MOB, LLC | Tennessee | ||||
Hendersonville Nominee LLC | Delaware | ||||
Hendersonville Nominee LP | Delaware | ||||
Hendersonville Realty, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Henrico MOB, LLC | Delaware | ||||
Hershey Research One, LLC | Delaware | ||||
Hershey Research Two, LLC | Delaware | ||||
Hillhaven Properties, LLC (formerly Hillhaven Properties, LTD, an Oregon LTD) | Delaware | ||||
HMOB Associates, L.P. | South Carolina | ||||
HOL Opco Holdco I, LLC | Delaware | ||||
HPSMLD Limited Liability Company | Wisconsin | ||||
HRI Coral Springs, LLC | Delaware | ||||
HRI Tamarac, LLC | Delaware | ||||
HVMLD Limited Liability Company | Wisconsin | ||||
Indianapolis MOB, LLC | Indiana | ||||
IPC (AP) Holding LLC | Delaware | ||||
IPC (HCN) Holding LLC | Delaware | ||||
IPC (MT) Holding LLC | Delaware | ||||
IPFVA GP, LLC | Delaware | ||||
Jackson Realty Propco, LLC (f/k/a EC Jackson Realty, LLC) | Delaware | ||||
Jensen Construction Management, Inc. | California | ||||
JER/NHP Management Texas, LLC | Texas | ||||
JER/NHP Senior Housing, LLC | Delaware | ||||
JER/NHP Senior Living Acquisition, LLC | Delaware | ||||
JER/NHP Senior Living Kansas, Inc. | Kansas | ||||
JER/NHP Senior Living Kansas, LLC | Delaware | ||||
JER/NHP Senior Living Texas, L.P. | Texas | ||||
JHL Associates, LLC | South Carolina | ||||
JJS Properties, Inc. | Delaware | ||||
JSL Autumn Hills, LLC | Delaware | ||||
JSL Copper Canyon, LLC | Delaware | ||||
JSL Glen Oaks, LLC | Delaware | ||||
JSL High Plains, LLC | Delaware | ||||
JSL Maple Wood, LLC | Delaware | ||||
JSL North Ridge, LLC | Delaware | ||||
JSL Prairie Meadows, LLC | Delaware | ||||
JSL Rock Creek, LLC | Delaware | ||||
Karrington of Park Ridge L.L.C. | Ohio | ||||
Karrington of Park Ridge Opco L.L.C. (f/k/a Bartlett Propco, LLC) | Delaware | ||||
Kentwood AL RE Limited Partnership | Delaware | ||||
Kew Gardens Senior Development, LLC | New York | ||||
Kingsport Nominee I LLC (f/k/a Kingsport Nominee LP) | Delaware | ||||
Kingsport Nominee LLC | Delaware | ||||
Kingston Retirement Group Ltd. | British Columbia | ||||
Knoxville Nominee I LLC (f/k/a Knoxville Nominee LP) | Delaware | ||||
Knoxville Nominee LLC | Delaware | ||||
Knoxville Realty Propco, LLC (f/k/a EC Knoxville Realty, LLC) | Delaware | ||||
KS01 Series B Owner, LLC | Delaware | ||||
KS02 Series B Owner, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Lakeside POB 1, LLC | Delaware | ||||
Lakeside POB 2, LLC | Delaware | ||||
Larkfield Gardens Associates, L.P. | New York | ||||
LBS Limited Partnership | Wisconsin | ||||
Lebanon Nominee LLC | Delaware | ||||
Lebanon Nominee LP | Delaware | ||||
Lebanon Realty Propco, LLC (fka EC Lebanon Realty, LLC) | Delaware | ||||
Lethbridge Retirement Group Ltd. | British Columbia | ||||
Lewisburg Nominee LLC | Delaware | ||||
Lewisburg Nominee LP | Delaware | ||||
LHP B LP Partner, LLC | Delaware | ||||
LHP B Trust | Maryland | ||||
LHP B Trust, LLC | Delaware | ||||
LHP B Trust, LP | Delaware | ||||
LHPT Appleton AHI, LLC | Delaware | ||||
LHPT Appleton MO South, LLC | Delaware | ||||
LHPT Appleton MO West, LLC | Delaware | ||||
LHPT Ascension Round Rock GP, LLC | Delaware | ||||
LHPT Ascension Round Rock LP | Delaware | ||||
LHPT Birmingham THE, LLC | Delaware | ||||
LHPT Birmingham, LLC | Delaware | ||||
LHPT Columbus II THE, LLC | Delaware | ||||
LHPT Columbus THE, LLC | Delaware | ||||
LHPT Columbus, LLC | Delaware | ||||
LHPT DC GP, LLC | Delaware | ||||
LHPT DC THE, L.P. | Delaware | ||||
LHPT Decatur II, LLC | Delaware | ||||
LHPT Decatur, LLC | Delaware | ||||
LHPT Holdings II, LLC | Delaware | ||||
LHPT LilliCal, LLC | Delaware | ||||
LHPT LP Partners, LLC | Delaware | ||||
LHPT TCMC Aylward, LLC | Delaware | ||||
LHPT TCMC Pavilion, LLC | Delaware | ||||
LHRET 191, LLC | Delaware | ||||
LHRET Anderson, LLC | Delaware | ||||
LHRET Ascension Austin II, LP | Delaware | ||||
LHRET Ascension Austin Partner GP, LLC | Delaware | ||||
LHRET Ascension Austin Partner II GP, LLC | Delaware | ||||
LHRET Ascension Austin, L.P. | Delaware | ||||
LHRET Ascension KC, LLC | Delaware | ||||
LHRET Ascension Michigan, LLC | Delaware | ||||
LHRET Ascension SJ, LLC | Delaware | ||||
LHRET Ascension SV, LLC | Delaware | ||||
LHRET Ascension SW Michigan, LLC | Delaware | ||||
LHRET Ascension, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
LHRET CSM, LLC | Delaware | ||||
LHRET Hershey II, LLC | Delaware | ||||
LHRET Hershey, L.P. | Delaware | ||||
LHRET Hershey, LLC | Delaware | ||||
LHRET Lafayette, LLC | Delaware | ||||
LHRET LHT, LLC | Delaware | ||||
LHRET Michigan Land, LLC | Delaware | ||||
LHRET Michigan THE, LLC | Delaware | ||||
LHRET Michigan, LLC | Delaware | ||||
LHRET Partner, LLC | Delaware | ||||
LHRET Reading I, LLC | Delaware | ||||
LHRET Reading II, LLC | Delaware | ||||
LHRET Reading, L.P. | Delaware | ||||
LHRET Reading, LLC | Delaware | ||||
LHRET St. Louis THE, LLC | Delaware | ||||
LHRET St. Louis, LLC | Delaware | ||||
LHRET Wheat Ridge, LLC | Delaware | ||||
LHT Beech Grove LLC | Delaware | ||||
LHT Knoxville II, LLC | Delaware | ||||
LHT Knoxville Properties, LLC | Delaware | ||||
LHT North Atlanta, LLC | Delaware | ||||
LHT Phoenix, LLC | Delaware | ||||
Libertyville Centre Club, LLC | Delaware | ||||
Lillibridge Facilities Development, Inc. | Delaware | ||||
Lillibridge Healthcare Properties Trust | Maryland | ||||
Lillibridge Healthcare Properties Trust, L.P. | Delaware | ||||
Lillibridge Healthcare Properties Trust, LLC | Delaware | ||||
Lillibridge Healthcare Real Estate Trust | Maryland | ||||
Lillibridge Healthcare Real Estate Trust, L.P. | Delaware | ||||
Lillibridge Healthcare Services II, Inc. (f/k/a Cogdell Spencer Erdman Management Company) | North Carolina | ||||
Lillibridge Healthcare Services, Inc. | Illinois | ||||
LilliCal, LLC | Delaware | ||||
Lima Nominee LLC | Delaware | ||||
Lima Nominee LP | Delaware | ||||
LO Limited Partnership | Wisconsin | ||||
Loyalsock Nominee LLC | Delaware | ||||
Loyalsock Nominee LP | Delaware | ||||
LS 3675 Market Street JV, LLC | Delaware | ||||
LS 4210 Duncan JV, LLC | Delaware | ||||
LS 5051 Centre JV, LLC | Delaware | ||||
LS 5051 Centre P1 HTC, LLC | Delaware | ||||
LS 5051 Centre P2 REIT, LLC | Delaware | ||||
LS 5051 Centre Unit 2 JV, LLC | Delaware | ||||
LS 5051 Centre Unit 2 UT, LLC | Delaware | ||||
LS 5051 Centre UT, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
LS BioTech Eight, LLC | Delaware | ||||
LS Davol Square, LLC | Delaware | ||||
LS Developer, LLC (f/k/a Wexford-CV SSL Developer, LLC) | Delaware | ||||
LS One Ship, LLC (f/k/a Wexford One Ship, LLC) | Delaware | ||||
LS River House II, LLC ( f/k/a Wexford-CV River House Joint Venture, LLC) | Delaware | ||||
LS River House III, LLC (f/k/a CV River House LLC) | Rhode Island | ||||
LS River House, LLC | Delaware | ||||
LS SSL Garage II, LLC (f/k/a Wexford-CV SSL Garage Joint Venture, LLC) | Delaware | ||||
LS SSL Garage, LLC (f/k/a CV SSL Garage LLC) | Rhode Island | ||||
LS uCity Academic Holdings, LLC | Delaware | ||||
LS uCity Academic REIT, LLC | Delaware | ||||
LS uCity Academic UT, LLC | Delaware | ||||
LTMLD Limited Liability Company | Wisconsin | ||||
Lynbrook Holding, LLC | Delaware | ||||
MAB Parent LLC | Delaware | ||||
Madison MOB Investors, LLC | Mississippi | ||||
Marland Place Associates Limited Partnership | Massachusetts | ||||
Martinez Realty Propco, LLC (fka EC Martinez Realty, LLC) | Delaware | ||||
Mary Black Westside Medical Park I Limited Partnership | South Carolina | ||||
McShane/NHP JV, LLC | Delaware | ||||
Medical Arts Courtyard, LLC | Delaware | ||||
Medical Investors I, LP | North Carolina | ||||
Medical Investors III, LP | South Carolina | ||||
Medical Park Three Limited Partnership | South Carolina | ||||
Minot Avenue Realty, LLC | Maine | ||||
Missoula Senior Housing Facility, LLC | Oregon | ||||
MLD Banning Investment, LLC | California | ||||
MLD Delaware Trust | Delaware | ||||
MLD Financial Capital Corporation | Delaware | ||||
MLD MOB Indiana, LLC | Delaware | ||||
MLD Properties II, Inc. | Delaware | ||||
MLD Properties Limited Partnership | Delaware | ||||
MLD Properties, Inc. | Delaware | ||||
MLD Texas Corporation | Texas | ||||
MLD Wisconsin ALF, Inc. | Delaware | ||||
MLD Wisconsin SNF, Inc. | Delaware | ||||
Montreal Retirement Group Ltd. | British Columbia | ||||
MS Barrington SH, LLC | Delaware | ||||
MS Bon Air SH, LLC | Delaware | ||||
MS Carmichael SH, LLC | Delaware | ||||
MS Cascade SH, LLC | Delaware | ||||
MS Chandler SH, LLC | Delaware | ||||
MS Cinco Ranch SH, LLC | Delaware | ||||
MS Fort Worth SH, LLC | Delaware | ||||
MS Frisco SH, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
MS Holladay SH, LLC | Delaware | ||||
MS Jackson SH, LLC | Delaware | ||||
MS Jacksonville SH, LLC | Delaware | ||||
MS Leawood SH, LLC | Delaware | ||||
MS Lower Makefield SH, LLC | Delaware | ||||
MS Old Meridian SH, LLC | Delaware | ||||
MS Overland Park SH, LLC | Delaware | ||||
MS River Road SH, LLC | Delaware | ||||
Mulberry Estates Ltd. | British Columbia | ||||
Muncie Realty Propco, LLC (fka EC Muncie Realty, LLC | Delaware | ||||
Mustang Holdings, LLC (f/k/a Ventas Mustang Holdings, LLC, f/k/a Ventas Casper Holdings, LLC) | |||||
Delaware | |||||
Nationwide ALF, Inc. | Delaware | ||||
Nationwide ALF-Pensacola, LLC | Delaware | ||||
Nationwide Health Properties, LLC | Delaware | ||||
New Portland Road Realty, LLC | Maine | ||||
NH Texas Properties Limited Partnership | Texas | ||||
NHP Bedford G.P., LLC | Texas | ||||
NHP Brownstown, LLC | Delaware | ||||
NHP Canterbury Gardens, LLC | Delaware | ||||
NHP Canterbury, LLC | Delaware | ||||
NHP Carillon, LLC | Delaware | ||||
NHP Cascade Inn, LLC | Delaware | ||||
NHP Centereach, LLC | Delaware | ||||
NHP GP LLC | Delaware | ||||
NHP HS Holding, LLC | Delaware | ||||
NHP Huntsville MOB LLC | Delaware | ||||
NHP Madison, LLC | New York | ||||
NHP Master RE G.P., LLC | Delaware | ||||
NHP McClain, LLC | Delaware | ||||
NHP Operating Partnership L.P. | Delaware | ||||
NHP SB 399-401 East Highland, LLC | Delaware | ||||
NHP Secured, Inc. | California | ||||
NHP Senior Investments, LLC | Delaware | ||||
NHP SH Alabama, LLC | Delaware | ||||
NHP SH Florida, LLC | Delaware | ||||
NHP SH Georgia, LLC | Delaware | ||||
NHP SH Mississippi, LLC | Delaware | ||||
NHP SH Oklahoma, LLC | Delaware | ||||
NHP SH Tennessee, LLC | Delaware | ||||
NHP Sterling, LLC | Delaware | ||||
NHP Tucson Health Care Associates Limited Partnership | Delaware | ||||
NHP Veritas FL, LLC | Delaware | ||||
NHP Villas, Inc. | California | ||||
NHP Washington ALF, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
NHP WI Denmark, LLC | Delaware | ||||
NHP WI Franklin, LLC | Delaware | ||||
NHP WI Green Bay, LLC | Delaware | ||||
NHP WI Kenosha, LLC | Delaware | ||||
NHP WI Madison, LLC | Delaware | ||||
NHP WI Manitowoc, LLC | Delaware | ||||
NHP WI McFarland, LLC | Delaware | ||||
NHP WI Menomonee Falls, LLC | Delaware | ||||
NHP WI Racine, LLC | Delaware | ||||
NHP WI Rapids, LLC | Delaware | ||||
NHP WI Sheboygan, LLC | Delaware | ||||
NHP WI Stevens Point, LLC | Delaware | ||||
NHP WI Stoughton, LLC | Delaware | ||||
NHP WI Two Rivers, LLC | Delaware | ||||
NHP WI Wausau, LLC | Delaware | ||||
NHP Wisconsin Development LLC | Wisconsin | ||||
NHP Wisconsin II, LLC | Delaware | ||||
NHP Wood Ridge LLC | Delaware | ||||
NHP/Broe II, LLC | Delaware | ||||
NHP/Broe, LLC | Delaware | ||||
NHP/McShane SAMC, LLC | Delaware | ||||
NHP/Nexcore Irmo, LLC | Delaware | ||||
NHP/PMB Burbank Medical Plaza I, LLC | Delaware | ||||
NHP/PMB Burbank Medical Plaza II, LLC | Delaware | ||||
NHP/PMB Chula Vista, LLC | Delaware | ||||
NHP/PMB Del E. Webb Medical Plaza, LLC | Delaware | ||||
NHP/PMB Eden Medical Plaza, LLC | Delaware | ||||
NHP/PMB Gilbert LLC | Delaware | ||||
NHP/PMB Glendale MOB, LLC | Delaware | ||||
NHP/PMB GP LLC | Delaware | ||||
NHP/PMB Grossmont GP, LLC | Delaware | ||||
NHP/PMB Grossmont, LP | Delaware | ||||
NHP/PMB Kenneth E. Watts Medical Plaza, LLC | Delaware | ||||
NHP/PMB L.P. | Delaware | ||||
NHP/PMB Los Alamitos MOB GP, LLC | Delaware | ||||
NHP/PMB Los Alamitos MOB, LP | Delaware | ||||
NHP/PMB Mission Viejo, LLC | Delaware | ||||
NHP/PMB Orange, LLC | Delaware | ||||
NHP/PMB Pasadena LLC | Delaware | ||||
NHP/PMB Pomerado, LLC | Delaware | ||||
NHP/PMB Pomona, LLC | Delaware | ||||
NHP/PMB San Gabriel Valley Medical Plaza, LLC | Delaware | ||||
NHP/PMB Santa Clarita Valley Medical Plaza, LLC | Delaware | ||||
NHP/PMB St. Francis Lynwood Medical Plaza, LLC | Delaware | ||||
NHP/PMB Tuality 7th Avenue Medical Plaza, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
NHP/PMB Washoe MOB, LLC | Delaware | ||||
NHP/PMBRES LLC | Delaware | ||||
NHPCO Wisconsin Lender, LLC | Delaware | ||||
NHPCO Wisconsin, LLC | Delaware | ||||
NHP-Cobb Physicians Center, LLC | Delaware | ||||
NHP-Parkway Physicians Center, LLC | Delaware | ||||
Niagara Falls Retirement Group Ltd. | British Columbia | ||||
NV Briargate MOB LLC | Delaware | ||||
NV Broadway MOB LLC | Delaware | ||||
NV Gateway MOB LP | Delaware | ||||
NV GVR MOB LLC | Delaware | ||||
NV HFH MOB LLC | Delaware | ||||
NV Knightdale MOB LLC | Delaware | ||||
NV NB MOB LP | Delaware | ||||
NV NBHQ LP | Delaware | ||||
NV Potomac MOB LLC | Delaware | ||||
NV Printers Park MOB LLC | Delaware | ||||
NV Solano MOB LP | Delaware | ||||
NV Vaca Valley MOB LP | Delaware | ||||
OHT Limited Partnership | Wisconsin | ||||
Opco CA Partner I, LLC | Delaware | ||||
Opco CA Partner II, LLC | Delaware | ||||
Opco CA Partner III, LLC | Delaware | ||||
Opco CA Partner IV, LLC | Delaware | ||||
Opco CA Partner V, LLC | Delaware | ||||
Opco CA Partner VI, LLC | Delaware | ||||
Opco GA Partner, LLC (fka Propco NM Partner I, LLC) | Delaware | ||||
Opco NC Partner I, LLC (fka Propco AZ Partner I, LLC) | Delaware | ||||
Opco NC Partner II, LLC (fka Propco AZ Partner II, LLC) | Delaware | ||||
Opco PA Partner, LLC | Delaware | ||||
Opco VA Partner, LLC | Delaware | ||||
Orangeburg Medical Office Building | South Carolina | ||||
Orbital Communities Limited | United Kingdom | ||||
Ottawa Retirement Group Ltd. | British Columbia | ||||
Parker II MOB Owners LLC | Delaware | ||||
PDP Castro Valley #2 LLC | Delaware | ||||
PDP Gilbert 2 LLC | Delaware | ||||
PDP LMP LLC | Delaware | ||||
PDP Mission Hills 1 LLC | Delaware | ||||
PDP San Francisco MOB LLC | Delaware | ||||
Peerless MOB, LLC | Tennessee | ||||
Peterborough Retirement Group Ltd. | British Columbia | ||||
Phase 1 Ventures LLC | Delaware | ||||
Phoenix BioMedical Campus Phase I Finance, LLC | Delaware | ||||
Phoenix BioMedical Campus Phase I Holding, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Phoenix BioMedical Campus Phase I JV, LLC | Delaware | ||||
Phoenix BioMedical Campus Phase I Owner, LLC | Delaware | ||||
Phoenix BioMedical Campus Phase I REIT, LLC | Delaware | ||||
Phoenix BioMedical Campus Phase I REIT Sub, LLC | Delaware | ||||
PKR Associates LLC | Pennsylvania | ||||
PMB Real Estate Services LLC | Delaware | ||||
PMB Vancouver 601 Physicians Pavilion LLC | Delaware | ||||
PMB Vancouver 602 Admin LLC | Delaware | ||||
PMB Vancouver 603 MedCtr Physicians LLC | Delaware | ||||
PMB Vancouver 604 Memorial MOB LLC | Delaware | ||||
PMB Vancouver 605 Salmon Creek LLC | Delaware | ||||
PMB Vancouver 606 Fisher's Landing LLC | Delaware | ||||
PMB/NHP Vancouver Partners LLC | Delaware | ||||
PMOB, LLC | South Carolina | ||||
Primrose Chateau Retirement Ltd. | British Columbia | ||||
Prince George Retirement Group Ltd. | British Columbia | ||||
Prometheus Fund Alternative Partnership L.P. | Delaware | ||||
Prometheus Fund Coinvestment Partnership I LP | Delaware | ||||
Prometheus Fund II Alternative Partnership L.P. | Delaware | ||||
Prometheus Fund Senior Housing Partners LP | Delaware | ||||
Prometheus Fund Strategic Realty Investors II L.P. | Delaware | ||||
Prometheus Funds GP, LLC | Delaware | ||||
Prometheus Leasehold Parent, LLC | Delaware | ||||
Prometheus Senior Quarters LLC | Delaware | ||||
Propco CA Partner I, LLC | Delaware | ||||
Propco CA Partner II, LLC | Delaware | ||||
Propco CA Partner III, LLC | Delaware | ||||
Propco CA Partner IV, LLC | Delaware | ||||
Propco CA Partner V, LLC | Delaware | ||||
Propco CA Partner VI, LLC | Delaware | ||||
Propco CA Partner VII, LLC | Delaware | ||||
Propco GA Partner, LLC (fka AL Subfunding II, LLC) | Delaware | ||||
Propco Holdco, LLC | Delaware | ||||
Propco NC Partner I, LLC | Delaware | ||||
Propco NC Partner II, LLC | Delaware | ||||
Propco PA Partner, LLC | Delaware | ||||
Propco VA Partner, LLC (fka Propco NC Partner III, LLC) | Delaware | ||||
Providence Innovation District Phase I Holding, LLC | Delaware | ||||
Providence Innovation District Phase I Owner, LLC | Delaware | ||||
Providence Innovation District Phase I, LLC | Delaware | ||||
Providence Innovation District Phase II Owner, LLC | Delaware | ||||
PSLT GP, LLC | Delaware | ||||
PSLT OP, L.P. | Delaware | ||||
PSLT-ALS Properties Holdings, LLC | Delaware | ||||
PSLT-ALS Properties I, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
PSLT-ALS Properties II, LLC | Delaware | ||||
PSLT-ALS Properties III, LLC | Delaware | ||||
PSLT-ALS Properties IV, LLC | Delaware | ||||
PSLT-BLC Properties Holdings, LLC | Delaware | ||||
R&I Procurement Holdings, LLC | Delaware | ||||
Red Deer Retirement Group Ltd. | British Columbia | ||||
Regina Retirement Group Ltd. | British Columbia | ||||
Résidence Ambiance IDS Inc. | Quebec | ||||
Résidence Boréa Inc. | Quebec | ||||
Résidence Caléo Inc. | Quebec | ||||
Résidence Cornelius Inc. | Quebec | ||||
Résidence du Marché Inc. | Quebec | ||||
Résidence Ékla Inc. | Quebec | ||||
Résidence Élogia Inc. | Quebec | ||||
Résidence Floréa Inc. | Quebec | ||||
Résidence IVVI Inc. | Quebec | ||||
Résidence l’Image d’Outremont Inc. | Quebec | ||||
Résidence l’Initial Inc. | Quebec | ||||
Résidence la Cité des Tours Inc. | Quebec | ||||
Résidence la Croisée de l’Est Inc. | Quebec | ||||
Résidence L'Avantage Inc. | Quebec | ||||
Résidence Le 22 Inc. | Quebec | ||||
Résidence le Félix Vaudreuil/Dorion Inc. | Quebec | ||||
Résidence le Gibraltar Inc. | Quebec | ||||
Résidence le Notre/Dame (Repentigny) Inc. | Quebec | ||||
Résidence le Quartier Mont/Saint/Hilaire Inc. | Quebec | ||||
Résidence le Savignon Inc. | Quebec | ||||
Résidence le VÜ Inc. | Quebec | ||||
Résidence Les Jardins du Campanile Inc. | Quebec | ||||
Résidence Les Jardins Millen Inc. | Quebec | ||||
Résidence Les Verrières du Golf Inc. | Quebec | ||||
Résidence Lilo Inc. | Quebec | ||||
Résidence Liz Inc. | Quebec | ||||
Résidence Margo Inc. | Quebec | ||||
Résidence Ora Inc. | Quebec | ||||
Résidence PDP Inc. | Quebec | ||||
Résidence Quartier Sud Inc. | Quebec | ||||
Résidence Sevä Inc. | Quebec | ||||
Résidence Station Est Inc. | Quebec | ||||
Résidence Vast Inc. | Quebec | ||||
Résidence Vent de l’Ouest Inc. | Quebec | ||||
Retirement Inns II, LLC | Delaware | ||||
Retirement Inns III, LLC | Delaware | ||||
RISE Insurance Company, LLC | Kentucky | ||||
River Hills Medical Associates, LLC | South Carolina |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
River Oaks Partners | Illinois | ||||
Riverdale Development, LLC | New York | ||||
RLJ Corp. | Massachusetts | ||||
Rocky Mount Kidney Center Associates | North Carolina | ||||
Rocky Mount Medical Park Limited Partnership | North Carolina | ||||
Roper MOB, LLC | South Carolina | ||||
Roswell Realty Propco, LLC (fka EC Roswell Realty, LLC) | Delaware | ||||
Round Lake ACC, LLC | Delaware | ||||
Rowan OSC Investors, LP | North Carolina | ||||
RSP, Inc. | Massachusetts | ||||
Sagamore Hills Nominee LLC | Delaware | ||||
Sagamore Hills Nominee LP | Delaware | ||||
Saint John Retirement Group Ltd. | British Columbia | ||||
Saxonburg Nominee LLC | Delaware | ||||
Saxonburg Nominee LP | Delaware | ||||
SC EC Master Tenant, LLC | Delaware | ||||
Senior Care, Inc. | Delaware | ||||
Senior Quarters Operating Corp. | New York | ||||
Shaker Holding, LLC | Delaware | ||||
Shippensburg Realty Holdings, LLC | Delaware | ||||
Société en commandite Ambiance IDS | Quebec | ||||
Société en commandite Boréa | Quebec | ||||
Société en commandite Caléo | Quebec | ||||
Société en commandite Cavalier de Lasalle | Quebec | ||||
Société en commandite Commerciale Aylmer | Quebec | ||||
Société en commandite Commerciale Cornelius | Quebec | ||||
Société en commandite Commerciale Cornelius II | Quebec | ||||
Société en commandite Commerciale Crémazie | Quebec | ||||
Société en commandite Commerciale Sherbrooke | Quebec | ||||
Société en commandite Communautaire Crémazie | Quebec | ||||
Société en commandite Cornelius | Quebec | ||||
Société en commandite Cornelius II | Quebec | ||||
Société en commandite Ékla | Quebec | ||||
Société en commandite Élogia | Quebec | ||||
Société en commandite Floréa | Quebec | ||||
Société en commandite IVVI | Quebec | ||||
Société en commandite l’Avantage | Quebec | ||||
Société en commandite l’Image d’Outremont | Quebec | ||||
Société en commandite l’Initial | Quebec | ||||
Société en commandite la Cité des Tours | Quebec | ||||
Société en commandite la Croisée de l’Est | Quebec | ||||
Société en commandite Le 22 | Quebec | ||||
Société en commandite le Félix Vaudreuil/Dorion | Quebec | ||||
Société en commandite le Gibraltar | Quebec | ||||
Société en commandite le Notre/Dame (Repentigny) | Quebec |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Société en commandite le Quartier Mont/Saint/Hilaire | Quebec | ||||
Société en commandite le Savignon | Quebec | ||||
Société en commandite le VÜ | Quebec | ||||
Société en commandite les Condos Boréa | Quebec | ||||
Société en commandite les Condos Caléo | Quebec | ||||
Société en commandite les Condos de la Gare | Quebec | ||||
Société en commandite les Condos Ékla | Quebec | ||||
Société en commandite les Condos Élogia | Quebec | ||||
Société en commandite les Condos Floréa | Quebec | ||||
Société en commandite les Condos l’Avantage | Quebec | ||||
Société en commandite les Condos Le 22 | Quebec | ||||
Société en commandite les Condos le Gibraltar | Quebec | ||||
Société en commandite les Condos le Savignon | Quebec | ||||
Société en commandite les Condos le VÜ | Quebec | ||||
Société en commandite les Condos les Jardins Millen | Quebec | ||||
Société en commandite les Condos Ora | Quebec | ||||
Société en commandite les Condos Quartier Sud | Quebec | ||||
Société en commandite les Condos Sevä | Quebec | ||||
Société en commandite les Jardins du Campanile | Quebec | ||||
Société en commandite les Jardins Millen | Quebec | ||||
Société en commandite les Promenades du Parc | Quebec | ||||
Société en commandite les Verrières du Golf | Quebec | ||||
Société en commandite Lilo | Quebec | ||||
Société en commandite Liz | Quebec | ||||
Société en commandite Margo | Quebec | ||||
Société en commandite Ora | Quebec | ||||
Société en commandite Quartier Sud | Quebec | ||||
Société en commandite RDM | Quebec | ||||
Société en commandite Sevä | Quebec | ||||
Société en commandite Station Est | Quebec | ||||
Société en commandite Vast | Quebec | ||||
Société en commandite Vent de l’Ouest | Quebec | ||||
Springs at Clackamas Woods, LLC | Oregon | ||||
SSL Developer LLC | Delaware | ||||
SSL Holdco LLC | Delaware | ||||
SSL Partner LLC | Delaware | ||||
St. Albert Retirement Group Ltd. | British Columbia | ||||
St. Catharines Retirement Group Ltd. | British Columbia | ||||
St. Cloud MOB, LLC | Minnesota | ||||
St. Francis Community MOB, LLC | South Carolina | ||||
St. Francis Medical Plaza, LLC | South Carolina | ||||
St. Mary's Investors, LLC | Virginia | ||||
Steger Retirement Group Ltd. | British Columbia | ||||
Stratford Development, LLC | New York | ||||
Stripe II, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Stripe Sub, LLC | Delaware | ||||
SW Louisiana Professional Office Building, LLC | Delaware | ||||
Syracuse MOB SPE, LLC | Delaware | ||||
Syracuse MOB, LLC | New York | ||||
SZR Abington AL Opco, L.L.C. | Delaware | ||||
SZR Abington AL, L.L.C. | Pennsylvania | ||||
SZR Acquisitions Propco, LP (f/k/a La Mesa Propco, LP) | Delaware | ||||
SZR Acquisitions, LLC | Delaware | ||||
SZR Arlington, MA Assisted Living Opco, L.L.C. (fka Chesterfield Propco, LLC) | Delaware | ||||
SZR Arlington, MA Assisted Living, L.L.C. | Virginia | ||||
SZR Aurora GP Inc. | Ontario, Canada | ||||
SZR Aurora Inc. | Ontario, Canada | ||||
SZR Aurora, LP | Ontario, Canada | ||||
SZR Barrington, LLC | Delaware | ||||
SZR Bloomfield Senior Living Opco, LLC (fka Cy-Fair Propco, LLC) | Delaware | ||||
SZR Bloomfield Senior Living, LLC | Delaware | ||||
SZR Bloomingdale Assisted Living Opco, L.L.C. (f/k/a Lorain Propco, LLC) | Delaware | ||||
SZR Bloomingdale Assisted Living, L.L.C. | Illinois | ||||
SZR Blue Bell AL Limited Partnership | Pennsylvania | ||||
SZR Blue Bell AL Opco Limited Partnership | Delaware | ||||
SZR Bon Air, LLC | Delaware | ||||
SZR Buffalo Grove Assisted Living Opco, L.L.C. (f/k/a Shallowford Propco, LLC) | Delaware | ||||
SZR Buffalo Grove Assisted Living, L.L.C. | Illinois | ||||
SZR Burlington Inc. | Ontario, Canada | ||||
SZR Carmichael, LLC | Delaware | ||||
SZR Cascade, LLC | Delaware | ||||
SZR Chandler, LLC | Delaware | ||||
SZR Cherry Creek Senior Living Propco, LLC | Delaware | ||||
SZR Cherry Creek Senior Living, LLC | Delaware | ||||
SZR Cinco Ranch, LLC | Delaware | ||||
SZR Columbia LLC | Delaware | ||||
SZR Columbia Propco LLC | Delaware | ||||
SZR Cuyahoga Falls Senior Living Opco, LLC (f/k/a Sherwood Propco, LLC) | Delaware | ||||
SZR Cuyahoga Falls Senior Living, LLC | Delaware | ||||
SZR East Cobb Assisted Living Limited Partnership | Georgia | ||||
SZR East Cobb Assisted Living Opco Limited Partnership | Delaware | ||||
SZR Edina Assisted Living Opco, L.L.C. (fka Maumelle Propco, LLC) | Delaware | ||||
SZR Edina Assisted Living, L.L.C. | Minnesota | ||||
SZR Erin Mills GP Inc. | Ontario, Canada | ||||
SZR Erin Mills Inc. | Ontario, Canada | ||||
SZR Erin Mills, LP | Ontario, Canada | ||||
SZR First Assisted Living Holdings, LLC | Delaware | ||||
SZR Fleetwood A.L. Propco, L.L.C. | Delaware | ||||
SZR Fleetwood A.L., L.L.C. | New York | ||||
SZR Fort Worth, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
SZR Frisco, LLC | Delaware | ||||
SZR Granite Run AL Opco, L.L.C. (fka Windcrest Propco, LLC) | Delaware | ||||
SZR Granite Run AL, L.L.C. | Pennsylvania | ||||
SZR Haverford AL Opco, L.L.C. | Delaware | ||||
SZR Haverford AL, L.L.C. | Pennsylvania | ||||
SZR Hillcrest Senior Living Propco, LLC | Delaware | ||||
SZR Hillcrest Senior Living, LLC | Delaware | ||||
SZR Holladay, LLC | Delaware | ||||
SZR Huntcliff Assisted Living Limited Partnership | Georgia | ||||
SZR Huntcliff Assisted Living Opco Limited Partnership | Delaware | ||||
SZR Ivey Ridge Assisted Living Limited Partnership | Georgia | ||||
SZR Ivey Ridge Assisted Living Opco Limited Partnership | Delaware | ||||
SZR Jackson, LLC | Delaware | ||||
SZR Jacksonville, LLC | Delaware | ||||
SZR Leawood, LLC | Delaware | ||||
SZR Lincoln Park LLC | Delaware | ||||
SZR Lincoln Park Opco LLC (f/k/a Byrd Springs Propco, LLC) | Delaware | ||||
SZR Lower Makefield, LLC | Delaware | ||||
SZR Markham Inc. | Ontario, Canada | ||||
SZR Mission Viejo Assisted Living Propco, L.P. | Delaware | ||||
SZR Mission Viejo Assisted Living, L.L.C. | Virginia | ||||
SZR Mississauga Inc. | Ontario, Canada | ||||
SZR Morris Plains Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Morris Plains Assisted Living, L.L.C. | New Jersey | ||||
SZR New City Senior Living Propco, LLC | Delaware | ||||
SZR New City Senior Living, LLC | Delaware | ||||
SZR North Ann Arbor Senior Living, LLC | Delaware | ||||
SZR North Hills LP (fka SZR North Hills LLC) | Delaware | ||||
SZR North Hills Opco LP (fka Mountain Home Propco, LLC) | Delaware | ||||
SZR North York GP Inc. | Ontario, Canada | ||||
SZR North York Inc. | Ontario, Canada | ||||
SZR Northville Assisted Living Opco, L.L.C. (fka Florence SC Propco, LLC) | Delaware | ||||
SZR Northville Assisted Living, L.L.C. | Michigan | ||||
SZR Norwood LLC | Delaware | ||||
SZR Norwood Opco LLC (fka Braeswood Propco, LLC) | Delaware | ||||
SZR Oakville Inc. | Ontario, Canada | ||||
SZR of Alexandria Assisted Living Opco, L.P. | Delaware | ||||
SZR of Alexandria Assisted Living, L.P. | Virginia | ||||
SZR of North York, LP | Ontario, Canada | ||||
SZR Old Meridian, LLC | Delaware | ||||
SZR Old Tappan Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Old Tappan Assisted Living, L.L.C. | New Jersey | ||||
SZR Opco Holdco, LLC | Delaware | ||||
SZR Orchard AL Propco, L.L.C. | Delaware | ||||
SZR Orchard AL, L.L.C. | Colorado |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
SZR Overland Park, LLC | Delaware | ||||
SZR Pacific Palisades Assisted Living Propco, L.P. | Delaware | ||||
SZR Pacific Palisades Assisted Living, L.P. | California | ||||
SZR Palos Park Opco, LLC (f/k/a Brentwood Propco, LLC) | Delaware | ||||
SZR Palos Park, LLC | Virginia | ||||
SZR Parma Assisted Living Opco, L.L.C. (f/k/a Wharton Propco, LLC) | Delaware | ||||
SZR Parma Assisted Living, L.L.C. | Virginia | ||||
SZR Richmond Hill Inc. | Ontario, Canada | ||||
SZR River Road, LLC | Delaware | ||||
SZR Riverside Assisted Living Propco, L.P. (f/k/a Southern Pines Propco, LP) | Delaware | ||||
SZR Riverside Assisted Living, L.P. | California | ||||
SZR Rochester Assisted Living Opco, LLC (fka Lake Jackson Propco, LLC) | Delaware | ||||
SZR Rochester Assisted Living, LLC | Delaware | ||||
SZR Rocklin Senior Living Propco, LP (f/k/a Point Loma Propco, LP) | Delaware | ||||
SZR Rocklin Senior Living, LLC | Delaware | ||||
SZR Rockville LLC | Delaware | ||||
SZR Rockville Propco LLC | Delaware | ||||
SZR San Mateo LLC | Delaware | ||||
SZR San Mateo Propco LP (f/k/a Las Villas Del Norte Propco, LP) | Delaware | ||||
SZR Sandy Senior Living Propco, LLC | Delaware | ||||
SZR Sandy Senior Living, LLC | Delaware | ||||
SZR Scottsdale Propco, LLC | Delaware | ||||
SZR Scottsdale, LLC | Delaware | ||||
SZR Second Assisted Living Holdings, LLC | Delaware | ||||
SZR Second Baton Rouge Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Second Baton Rouge Assisted Living, L.L.C. | Louisiana | ||||
SZR Second Westminister Assisted Living, L.L.C. | Colorado | ||||
SZR Second Westminster Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Smithtown A.L. Propco, L.L.C. | Delaware | ||||
SZR Smithtown A.L., L.L.C. | New York | ||||
SZR Springfield Assisted Living Opco, L.L.C. | Delaware | ||||
SZR Springfield Assisted Living, L.L.C. | Virginia | ||||
SZR Staten Island SL Propco, L.L.C. | Delaware | ||||
SZR Staten Island SL, L.L.C. | New York | ||||
SZR Sterling Canyon Assisted Living Limited Partnership | California | ||||
SZR Sterling Canyon Assisted Living Propco, LP (f/k/a Northridge Propco, LP) | Delaware | ||||
SZR Troy Assisted Living Opco, L.L.C. (fka Cottonwood Propco, LLC) | Delaware | ||||
SZR Troy Assisted Living, L.L.C. | Michigan | ||||
SZR US Investments, LLC | Delaware | ||||
SZR US UPREIT Three, LLC | Delaware | ||||
SZR US UPREIT, LLC | Delaware | ||||
SZR Wall Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Wall Assisted Living, L.L.C. | New Jersey | ||||
SZR Wayne Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Wayne Assisted Living, L.L.C. | New Jersey |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
SZR Westfield Assisted Living Propco, L.L.C. | Delaware | ||||
SZR Westfield Assisted Living, L.L.C. | New Jersey | ||||
SZR Westlake Village LLC | Delaware | ||||
SZR Westlake Village Propco LP (f/k/a Las Villas Del Carlsbad Propco, LP) | Delaware | ||||
SZR Willowbrook Annex LLC | Delaware | ||||
SZR Willowbrook Annex Opco LLC (f/k/a Austin Propco, LLC) | Delaware | ||||
SZR Willowbrook LLC | Delaware | ||||
SZR Willowbrook Opco LLC (f/k/a Heritage Woods Propco, LLC) | Delaware | ||||
SZR Windsor Inc. | Ontario, Canada | ||||
SZR Yorba Linda LLC | Delaware | ||||
SZR Yorba Linda Propco LP (f/k/a Little Avenue Propco, LP) | Delaware | ||||
Tempe AL RE, L.P. | Delaware | ||||
The Arboretum I Limited Partnership | Wisconsin | ||||
The Arboretum II Limited Partnership | Wisconsin | ||||
The Ponds of Pembroke Limited Partnership | Illinois | ||||
The Terrace at South Meadows, LLC | Delaware | ||||
THL 191 JV, LLC | Delaware | ||||
Timberlin Parc Realty Propco, LLC (fka EC Timberlin Parc Realty, LLC | Delaware | ||||
TLQ, Inc. | Massachusetts | ||||
Townsend CRB Development, LLC | Delaware | ||||
Tucson AL RE, L.P. | Delaware | ||||
uCity Academic Owner, LLC | Delaware | ||||
uCity Square One JV, LLC | Delaware | ||||
uCity Square One Owner, LLC (fka uCity Square One Building Condo, LLC) | Delaware | ||||
uCity Square One REIT, LLC | Delaware | ||||
Valley Manor Propco, LLC | Delaware | ||||
VAOC Newport Plaza, LP (fka JSL Blossom Grove, LP) | Delaware | ||||
VAOC Patrician, LP (fka JSL Caleo Bay, LP) | Delaware | ||||
VAOC Penasquitos, LP | Delaware | ||||
VB Ballwin SH, LLC | Delaware | ||||
VB Opco Holdings, LLC | Delaware | ||||
VB Propco Holdings, LLC | Delaware | ||||
VCC Healthcare Fund, LLC (f/k/a Ventas Healthcare Capital, LLC, f/k/a Ventas Sun LLC) | Delaware | ||||
Ventas AH Granbury, LLC | Delaware | ||||
Ventas AH Lewisville, LLC | Delaware | ||||
Ventas AH Midwest, LLC | Delaware | ||||
Ventas AH Mustang, LLC | Delaware | ||||
Ventas AH Norman, LLC | Delaware | ||||
Ventas AH Reminisce, LLC | Delaware | ||||
Ventas AH Rockwall, LLC | Delaware | ||||
Ventas AH Temple, LLC | Delaware | ||||
Ventas AH Weatherford, LLC | Delaware | ||||
Ventas Amberleigh, LLC | Delaware | ||||
Ventas Amberleigh Opco, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Ventas AOC Operating Holdings, Inc. | Delaware | ||||
Ventas AOC Operating Holdings, LLC | Delaware | ||||
Ventas Arlington, LLC | Delaware | ||||
Ventas Bear Canyon Opco, LLC | Delaware | ||||
Ventas Bear Canyon, LLC | Delaware | ||||
Ventas Beckley, LLC | Delaware | ||||
Ventas Birch Heights Opco, LLC | Delaware | ||||
Ventas Birch Heights, LLC | Delaware | ||||
Ventas Bishop Place, LLC | Delaware | ||||
Ventas Bonaventure GP, LLC | Delaware | ||||
Ventas Bonaventure Opco, LP | Delaware | ||||
Ventas Bonaventure, LP | Delaware | ||||
Ventas Broadway MOB, LLC | Delaware | ||||
Ventas CA GP Holdings I, LLC | Delaware | ||||
Ventas Caley Ridge Holding, LLC | Delaware | ||||
Ventas Caley Ridge, LLC | Delaware | ||||
Ventas Canada Finance Limited (f/k/a 3280986 Nova Scotia Limited) | Nova Scotia | ||||
Ventas Canada Retirement I GP ULC (f/k/a Holiday Canada Retirement I GP ULC) | Nova Scotia | ||||
Ventas Canada Retirement I LP (f/k/a Holiday Canada Retirement I LP) | Ontario | ||||
Ventas Canada Retirement II GP ULC (f/k/a Holiday Canada Retirement II GP ULC) | Nova Scotia | ||||
Ventas Canada Retirement II LP (f/k/a Holiday Canada Retirement II LP) | Ontario | ||||
Ventas Canada Retirement III GP ULC (f/k/a Holiday Canada Retirement III GP ULC) | Nova Scotia | ||||
Ventas Canada Retirement III LP (f/k/a Holiday Canada Retirement III LP) | Ontario | ||||
Ventas Capital Corporation | Delaware | ||||
Ventas Carlisle, LLC | Delaware | ||||
Ventas Carroll MOB, LLC | Delaware | ||||
Ventas Cascade Valley, LLC | Delaware | ||||
Ventas Copperfield Estates Opco, LLC | Delaware | ||||
Ventas Copperfield Estates, LLC | Delaware | ||||
Ventas Crown Pointe, LLC | Delaware | ||||
Ventas Crown Pointe Opco, LLC | Delaware | ||||
Ventas CS, LLC (f/ka TH Merger Company, LLC) | Delaware | ||||
Ventas CW Finance, LLC | Delaware | ||||
Ventas Dasco MOB Holdings, LLC | Delaware | ||||
Ventas Devonshire (Lenox) Opco, LLC | Delaware | ||||
Ventas Devonshire (Lenox), LLC | Delaware | ||||
Ventas Eagle Lake, LP | Delaware | ||||
Ventas East Lansing, LLC | Delaware | ||||
Ventas East Lansing Opco, LLC | Delaware | ||||
Ventas Edgewood Opco, LLC | Delaware | ||||
Ventas Edgewood, LLC (f/k/a Ventas Paradise Valley, LLC) | Delaware | ||||
Ventas EH Holdings, LLC (f/k/a Ventas Cal Sun LLC) | Delaware | ||||
Ventas Euro Finance, LLC | Delaware | ||||
Ventas Fairwood, LLC | Delaware | ||||
Ventas Finance Holdings I, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Ventas Flagstone, LLC | Delaware | ||||
Ventas Forest Pines Opco, LLC | Delaware | ||||
Ventas Forest Pines, LLC | Delaware | ||||
Ventas Framingham, LLC | Delaware | ||||
Ventas Garden Square of Casper, LLC | Delaware | ||||
Ventas GM GP Limited | Delaware | ||||
Ventas GM Holdings Limited | Delaware | ||||
Ventas Grantor Trust #1 | Delaware | ||||
Ventas Grantor Trust #2 | Delaware | ||||
Ventas Hartland Hills Opco, LLC | Delaware | ||||
Ventas Hartland Hills, LLC (f/k/a Ventas Millcreek, LLC) | Delaware | ||||
Ventas Healthcare Properties, Inc. | Delaware | ||||
Ventas Healthcare Realty, LLC | Delaware | ||||
Ventas Highland Estates Opco, LLC | Delaware | ||||
Ventas Highland Estates, LLC | Delaware | ||||
Ventas Highland Trail Opco, LLC | Delaware | ||||
Ventas Highland Trail, LLC | Delaware | ||||
Ventas HOL Holdings, LLC | Delaware | ||||
Ventas JCM Holdings, Inc. | Delaware | ||||
Ventas Kittery Estates Opco, LLC | Delaware | ||||
Ventas Kittery Estates, LLC | Delaware | ||||
Ventas Lafayette, LLC | Delaware | ||||
Ventas Lakewood Estates Opco, LLC | Delaware | ||||
Ventas Lakewood Estates, LLC | Delaware | ||||
Ventas Las Palmas Opco, LLC | Delaware | ||||
Ventas Las Palmas, LLC | Delaware | ||||
Ventas LHRET, LLC | Delaware | ||||
Ventas Life Sciences, LLC | Delaware | ||||
Ventas LP Realty, L.L.C. | Delaware | ||||
Ventas LS LP (f/k/a BMR-Wexford LP) | Delaware | ||||
Ventas LS MD, LLC | Delaware | ||||
Ventas LS TRS, LLC | Delaware | ||||
Ventas Mansion at Waterford, LLC | Delaware | ||||
Ventas McLoughlin, LLC | Delaware | ||||
Ventas Meadowbrook Place, LLC | Delaware | ||||
Ventas Meadows Elk Grove, LP | Delaware | ||||
Ventas Mezz Finance Leesburg, LLC | Delaware | ||||
Ventas Mezz Lender, LLC | Delaware | ||||
Ventas MO Holdings, LLC | Delaware | ||||
Ventas MOB Holdings II, LLC | Delaware | ||||
Ventas MOB Holdings, LLC | Delaware | ||||
Ventas MS Holdings, LLC | Delaware | ||||
Ventas MS, LLC | Delaware | ||||
Ventas Naples, LLC | Delaware | ||||
Ventas Nexcore Holdings, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Ventas SSL Holdings, Inc. | Delaware | ||||
Ventas SSL Holdings, LLC | Delaware | ||||
Ventas SSL Lynn Valley, Inc. | Ontario, Canada | ||||
Ventas SSL Ontario II, Inc. | Ontario, Canada | ||||
Ventas SSL Ontario III, Inc. | Ontario, Canada | ||||
Ventas SSL Vancouver, Inc. | Ontario, Canada | ||||
Ventas SSL, Inc. | Delaware | ||||
Ventas Sugar Valley (f/k/a Ventas Tucson, LLC) | Delaware | ||||
Ventas Sugar Valley Opco, LLC | Delaware | ||||
Ventas Tanasbourne, LLC | Delaware | ||||
Ventas Tributary, LLC | Delaware | ||||
Ventas Trinity Finance, LP (f/k/a Ventas BKD Finance, LLC, f/k/a Ventas Mustang Finance, LLC) | Delaware | ||||
Ventas TRS, LLC | Delaware | ||||
Ventas UK Finance, Inc. | Delaware | ||||
Ventas UK I, LLC | Delaware | ||||
Ventas UK II, LLC | Delaware | ||||
Ventas Valencia GP, LLC | Delaware | ||||
Ventas Valencia Opco, LP | Delaware | ||||
Ventas Valencia, LP | Delaware | ||||
Ventas Ventures, LLC | Delaware | ||||
Ventas West Shores, LLC | Delaware | ||||
Ventas West Shore Opco, LLC | Delaware | ||||
Ventas Western Holdings, LLC (f/k/a Ventas Cottonbloom Holdings, LLC) | Delaware | ||||
Ventas Weston, LLC | Delaware | ||||
Ventas Whispering Chase Opco, LLC | Delaware | ||||
Ventas Whispering Chase, LLC (f/k/a Ventas Peoria, LLC) | Delaware | ||||
Ventas White Bear Opco, LLC | Delaware | ||||
Ventas White Bear, LLC | Delaware | ||||
Ventas White Oaks Opco, LLC | Delaware | ||||
Ventas White Oaks, LLC | Delaware | ||||
Ventas Whitehall Estates, LLC | Delaware | ||||
Ventas Whitley Place Opco, LLC | Delaware | ||||
Ventas Whitley Place, LLC | Delaware | ||||
Ventas Willow Gardens Opco, LLC | Delaware | ||||
Ventas Willow Gardens, LLC | Delaware | ||||
Ventas Willow Grove GP, LLC | Delaware | ||||
Ventas Willow Grove Opco, LP | Delaware | ||||
Ventas Willow Grove, LP | Delaware | ||||
Ventas Woods at Canco Opco, LLC | Delaware | ||||
Ventas Woods at Canco, LLC | Delaware | ||||
Ventas, Inc. | Delaware | ||||
Venture Principal, LLC | Delaware | ||||
Venture Sub NC Holdco II, Inc. | Delaware | ||||
Venture Sub NC Holdco, Inc. | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Venture Sub, LLC | Delaware | ||||
Verdugo Management, LLC | California | ||||
Verdugo MOB, LP | California | ||||
Vernon Hills ACC, LLC | Delaware | ||||
Victoria Court Realty, LLC | Maine | ||||
Victorian Retirement Group II Ltd. | British Columbia | ||||
Victorian Retirement Group III Ltd. | British Columbia | ||||
Victorian Retirement Group Ltd. | British Columbia | ||||
VLSHRE Fund GP, LLC | Delaware | ||||
VLSHRE Fund Holdings, LLC | Delaware | ||||
VLSHRE Parallel Fund REIT, LLC | Delaware | ||||
VLSHRE Parallel Fund, L.P. | Delaware | ||||
VP Garden City Opco, LLC | Delaware | ||||
VP Garden City Propco, LLC | Delaware | ||||
VP Holdingco, LLC | Delaware | ||||
VP Rock Hill Opco, LLC | Delaware | ||||
VP Rock Hill Propco, LLC | Delaware | ||||
VSCRE Holdings, LLC | Delaware | ||||
VSL GP II, LLC (fka VTR JSL GP II, LLC) | Delaware | ||||
VSL GP, LLC (fka VTR JSL GP, LLC) | Delaware | ||||
VSL Holdings II, LLC (fka Ventas JSL Holdings, LLC) | Delaware | ||||
VSL Holdings, LLC (fka Ventas JSL Property Holdings, LLC) | Delaware | ||||
VSL Newport Plaza, LP (fka VTR Blossom Grove, LP) | Delaware | ||||
VSL Patrician GP, LLC | Delaware | ||||
VSL Patrician, LP (fka VTR Caleo Bay, LP) | Delaware | ||||
VSL Penasquitos GP, LLC | Delaware | ||||
VSL Penasquitos, LP | Delaware | ||||
VTCC Carroll MOB, LLC | Delaware | ||||
VTR Alpharetta, LLC | Delaware | ||||
VTR AMS Bondco, LLC | Delaware | ||||
VTR AMS, Inc. (f/k/a Ardent Medical Services, Inc.) | Delaware | ||||
VTR Applewood, LLC | Delaware | ||||
VTR Arboretum, LLC | Delaware | ||||
VTR Ardsley, LLC | Delaware | ||||
VTR ARPI Partner, LLC | Delaware | ||||
VTR Ascension SV, LLC | Delaware | ||||
VTR Ashley Inn, LLC | Delaware | ||||
VTR Assisted Living, Inc. | Delaware | ||||
VTR Assisted Living, Virginia Beach, LLC | Delaware | ||||
VTR Austell, LLC | Delaware | ||||
VTR Autumn Hills, LLC | Delaware | ||||
VTR Avista MOB, LLC | Delaware | ||||
VTR Bailey Holdco, LLC | Delaware | ||||
VTR Bailey MC, LLC | Delaware | ||||
VTR Ballwin, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
VTR Baptist SA, LLC | Delaware | ||||
VTR Barrington POB Holdings, LLC | Delaware | ||||
VTR Bay Spring, LLC | Delaware | ||||
VTR Baypoint Village, LLC | Delaware | ||||
VTR Bayshore, LLC | Delaware | ||||
VTR BD Finance, LLC | Delaware | ||||
VTR Bethlehem, LLC | Delaware | ||||
VTR Bonita Propco, LP | Delaware | ||||
VTR Briarcliff Manor, LLC | Delaware | ||||
VTR Buckhead, LLC | Georgia | ||||
VTR Building 60 Holdco, LLC | Delaware | ||||
VTR Building 90 Holdco, LLC | Delaware | ||||
VTR Burlingame, LP | California | ||||
VTR CA GP II, LLC | Delaware | ||||
VTR CAGP, LLC | Delaware | ||||
VTR Campana Del Rio, LLC | Delaware | ||||
VTR Canterbury Park, LLC | Delaware | ||||
VTR Canyon Springs, LLC | Delaware | ||||
VTR Carmichael Oaks Land, LLC | Delaware | ||||
VTR Carmichael Oaks, LP | Delaware | ||||
VTR Cedarbrook, LLC | Delaware | ||||
VTR Center City, LLC | Delaware | ||||
VTR Chandler Villas, LP | California | ||||
VTR Chesterfield Holdco, LLC | Delaware | ||||
VTR Chicago 93rd Street POB, LLC | Delaware | ||||
VTR Chico Assisted Living, LP | Delaware | ||||
VTR CO GP, LLC | Delaware | ||||
VTR Copper Canyon, LLC | Delaware | ||||
VTR Countrywood Parking, LLC | Delaware | ||||
VTR Countrywood, LP | Delaware | ||||
VTR Covell, LLC | California | ||||
VTR Covell, LP | Delaware | ||||
VTR Crossgate, LLC | Delaware | ||||
VTR Crown Point (Parker) MOB, LLC | Delaware | ||||
VTR Cutter Mill, LLC | Delaware | ||||
VTR CW GP, LLC | Delaware | ||||
VTR Daly City, LP | California | ||||
VTR Darien, LLC | Delaware | ||||
VTR Deer Valley MOB II, LLC | Delaware | ||||
VTR Deer Valley MOB III, LLC | Delaware | ||||
VTR Deer Valley Parking, LLC | Delaware | ||||
VTR Delmar Place, LLC | Delaware | ||||
VTR Desert Samaritan, LLC | Delaware | ||||
VTR DOB III MOB, LLC | Delaware | ||||
VTR Downers Grove POB Holdings, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
VTR Durham GP, LLC | Delaware | ||||
VTR Durham, LP | Delaware | ||||
VTR Eberle MOB, LLC | Delaware | ||||
VTR Elizabethtown, LLC | Delaware | ||||
VTR Evergreen Woods, LLC | Delaware | ||||
VTR Falmouth, LLC | Delaware | ||||
VTR FM Texas Holdings GP, LLC | Delaware | ||||
VTR Forest Hills, LLC | Delaware | ||||
VTR Forest Lake, LLC | Delaware | ||||
VTR Forest Trace, LLC | Delaware | ||||
VTR FV, LLC | Delaware | ||||
VTR Garden Park GP, LLC | Delaware | ||||
VTR Garden Park, LP | Delaware | ||||
VTR Gilbert 2, LLC | Delaware | ||||
VTR Glen Cove, LLC | Delaware | ||||
VTR Glen Oaks, LLC | Delaware | ||||
VTR Golden Creek, Inc. | Delaware | ||||
VTR Grand Oaks GP, LLC | Delaware | ||||
VTR Grand Oaks, LP | Delaware | ||||
VTR Great Neck, LLC | Delaware | ||||
VTR Greece, LLC | Delaware | ||||
VTR Green Valley Assisted Living, LLC | Delaware | ||||
VTR Harper Court Phase II Member, LLC | Delaware | ||||
VTR Hazel Crest, LLC | Delaware | ||||
VTR Heart Hospital Bondco, LLC | Delaware | ||||
VTR Heart Hospital, LLC | Delaware | ||||
VTR Hearthstone East, LLC | Delaware | ||||
VTR Hearthstone West, LLC | Delaware | ||||
VTR Henderson Assisted Living, LLC | Delaware | ||||
VTR Heritage LF, LLC | Delaware | ||||
VTR Hertlin House, LLC | Delaware | ||||
VTR High Plains, LLC | Delaware | ||||
VTR Highland Crossing, LLC | Kentucky | ||||
VTR Hillcrest Claremore, LLC | Delaware | ||||
VTR Hillcrest HS Tulsa, LLC | Delaware | ||||
VTR Hillcrest Inn GP, LLC | Delaware | ||||
VTR Hillcrest Inn, LP | Delaware | ||||
VTR Hillcrest MC Tulsa, LLC | Delaware | ||||
VTR Hillsdale, LLC | Delaware | ||||
VTR Hillsdale, LP | Delaware | ||||
VTR HOL Finance, LLC | Delaware | ||||
VTR Hudson, LLC | Delaware | ||||
VTR Huntington, LLC | Delaware | ||||
VTR II Acquisition LLC | Delaware | ||||
VTR III Acquisition LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
VTR Papago Medical Park, LLC | Delaware | ||||
VTR PCM, LLC | Delaware | ||||
VTR Penfield, LLC | Delaware | ||||
VTR Phoenix, LLC | Delaware | ||||
VTR Plainview, LLC | Delaware | ||||
VTR Plano, LLC | Delaware | ||||
VTR Pointe Rehab, LLC | Delaware | ||||
VTR Prairie Meadows, LLC | Delaware | ||||
VTR Property Holdings Carrollton GP, LLC | Delaware | ||||
VTR Property Holdings Carrollton, LP | Texas | ||||
VTR Property Holdings Copeland, LLC | Delaware | ||||
VTR Property Holdings Cypresswood, LLC | Delaware | ||||
VTR Property Holdings Grapevine, LP | Texas | ||||
VTR Property Holdings Richardson, LLC | Delaware | ||||
VTR Property Holdings Westchase GP, LLC | Delaware | ||||
VTR Property Holdings Westchase, LP | Texas | ||||
VTR Property Sectors, LLC (fka Ventas Senior Housing, LLC) | Delaware | ||||
VTR Quail Ridge, LP | Delaware | ||||
VTR R&I Procurement Holdings, LLC | Delaware | ||||
VTR R&I Procurement Holdings Member, LLC | Delaware | ||||
VTR Raleigh GP, LLC | Delaware | ||||
VTR Raleigh, LLC | Delaware | ||||
VTR Raleigh, LP | Delaware | ||||
VTR Rancho Mirage Propco, LP | Delaware | ||||
VTR Regency, LLC | Delaware | ||||
VTR Retirement and Assisted Living Briarcliff, LLC | Delaware | ||||
VTR Richland Hills, LLC | Delaware | ||||
VTR Riverdale LLC | New York | ||||
VTR Rock Creek, LLC | Delaware | ||||
VTR Roslyn, LLC | Delaware | ||||
VTR Rye Brook, LLC | Delaware | ||||
VTR Salisbury Business Trust | Maryland | ||||
VTR Salisbury, LLC | Delaware | ||||
VTR Salmon Creek, LLC | Delaware | ||||
VTR San Felipe Propco, LP | Delaware | ||||
VTR San Francisco MOB, LLC | Delaware | ||||
VTR Sandy, LLC | Delaware | ||||
VTR Science & Technology, LLC (f/k/a Wexford Science & Technology, LLC) | Maryland | ||||
VTR Scottsdale, LLC | Delaware | ||||
VTR Seaside, LLC | Delaware | ||||
VTR Senior Living LLC | Delaware | ||||
VTR Shaker, LLC | Delaware | ||||
VTR Sierra Vista Assisted Living, LLC | Delaware | ||||
VTR South Ogden, LLC | Delaware | ||||
VTR SouthCreek, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
VTR Spring Creek Inn, LLC | Delaware | ||||
VTR Springdale, LLC | Delaware | ||||
VTR SQ Holdings Corp. | Delaware | ||||
VTR SQ Interim Corp. | Delaware | ||||
VTR SQ, LLC | Delaware | ||||
VTR St. Matthews, LLC | Delaware | ||||
VTR Stamford, LLC | Delaware | ||||
VTR Stony Brook, LLC | Delaware | ||||
VTR Stratford, LLC | Connecticut | ||||
VTR Summit Hills, LLC | Delaware | ||||
VTR Sunlake, LLC | Delaware | ||||
VTR Sunnyvale, LP | California | ||||
VTR Sutton Terrace, LLC | Delaware | ||||
VTR Swap II LLC | Delaware | ||||
VTR Swap LLC | Delaware | ||||
VTR Tanglewood, LLC | Delaware | ||||
VTR Tarzana GP, LLC | Delaware | ||||
VTR Tarzana, LLC | Delaware | ||||
VTR Tarzana, LP | Delaware | ||||
VTR Temecula GP, LLC | Delaware | ||||
VTR Temecula Land, LLC | Delaware | ||||
VTR Temecula, LP | Delaware | ||||
VTR Texas Holdings GP II, LLC | Delaware | ||||
VTR Texas Holdings GP, LLC | Delaware | ||||
VTR Texas Holdings II, LP | Texas | ||||
VTR Texas Holdings, LP | Texas | ||||
VTR Thunderbird Paseo Medical Plaza, LLC | Delaware | ||||
VTR Tinton Falls Corp. | New Jersey | ||||
VTR TRS Holdco, LLC | Delaware | ||||
VTR Tucker, LLC | Delaware | ||||
VTR Vacaville MOB, LLC (f/k/a VTR Barret Avenue MOB, LLC) | Delaware | ||||
VTR Valley View, LP | California | ||||
VTR Villa Campana II, LLC | Delaware | ||||
VTR Visalia Assisted Living, LP | Delaware | ||||
VTR Vistas Longmont, LLC | Delaware | ||||
VTR Willow Glen, LP | Delaware | ||||
VTR Windsor Woods, LLC | Delaware | ||||
VTR Woodbridge Place, LLC | Delaware | ||||
VTRAZ Manager, LLC | Delaware | ||||
VTR-EMRTS Holdings, LLC | Delaware | ||||
VTRLTH MAB I, LLC | Delaware | ||||
VTRLTH MAB II, LLC | Delaware | ||||
VTR-UCSC 3401 JV, LLC | Delaware | ||||
WE George Street Holding LLC | Delaware | ||||
WE George Street, L.L.C. | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
West Medical Office I, LP | South Carolina | ||||
West Tennessee Investors, LLC | Tennessee | ||||
Wexford Building 60 Manager, LLC | Delaware | ||||
Wexford Building 90 Manager, LLC | Delaware | ||||
Wexford Heritage Holding, LLC | Delaware | ||||
Wexford Heritage, LLC | Delaware | ||||
Wexford Miami Holding, LLC | Delaware | ||||
Wexford Miami, LLC | Delaware | ||||
Wexford UMB 2, LLC | Maryland | ||||
Wexford Winston-Salem Building 60, LLC | Delaware | ||||
Wexford Winston-Salem Building 90, LLC | Delaware | ||||
Wexford Winston-Salem Building 91, LLC | Delaware | ||||
Wexford Winston-Salem Holding 60, LLC | Delaware | ||||
Wexford Winston-Salem Holding 90, LLC | Delaware | ||||
Wexford-CV SSL Joint Venture, LLC | Delaware | ||||
Wexford-CV SSL Manager, LLC | Delaware | ||||
Wexford-SCEC 3675 Market Street JV, LLC | Delaware | ||||
Wexford-SCEC 3675 Market Street UT, LLC | Delaware | ||||
Wexford-SCEC 3675 Market Street, LLC | Delaware | ||||
Wexford-UCSC 3737 Joint Venture, LLC | Delaware | ||||
Wexford-UCSC 3737 Member, LLC | Delaware | ||||
Wexford-UCSC 3737, LLC | Delaware | ||||
Wexford-UCSC II, LP | Delaware | ||||
WG 86th Street SH, LLC | Delaware | ||||
WG Alden Place, LLC | Delaware | ||||
WG Alpharetta, LLC | Delaware | ||||
WG Applewood SH, LLC | Delaware | ||||
WG Aquidneck Place SH, LLC | Delaware | ||||
WG Arboretum, LLC | Delaware | ||||
WG Austell, LLC | Delaware | ||||
WG Bay Spring SH, LLC | Delaware | ||||
WG Baypoint Village SH, LLC | Delaware | ||||
WG Bayshore SH, LLC | Delaware | ||||
WG Bayside Landing SH, LP | Delaware | ||||
WG Bethlehem SH, LLC | Delaware | ||||
WG Briarcliff Manor SH, LLC | Delaware | ||||
WG Buckhead SH, LLC | Delaware | ||||
WG Burlingame SH, LP | Delaware | ||||
WG Campana Del Rio SH, LLC | Delaware | ||||
WG Carmichael Oaks, LP | Delaware | ||||
WG Carrollton SH, LLC | Delaware | ||||
WG Center City SH, LLC | Delaware | ||||
WG Chandler Villas SH, LLC | Delaware | ||||
WG Chateau Gardens SH, LP | Delaware | ||||
WG Chateau San Juan SH, LP | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
WG CO GP, LLC | Delaware | ||||
WG Collwood Knolls SH, LP | Delaware | ||||
WG Copeland SH, LLC | Delaware | ||||
WG Countrywood, LP | Delaware | ||||
WG Covell SH, LP | Delaware | ||||
WG Covina SH, LP | Delaware | ||||
WG Cranford SH, LLC | Delaware | ||||
WG Crossgate SH, LLC | Delaware | ||||
WG Crossroads Place, LLC | Delaware | ||||
WG Cutter Mill SH, LLC | Delaware | ||||
WG CW GP, LLC | Delaware | ||||
WG Cypresswood SH, LLC | Delaware | ||||
WG Daly City SH, LP | Delaware | ||||
WG Darien SH, LLC | Delaware | ||||
WG Del Rey SH, LP | Delaware | ||||
WG Del Sol SH, LP | Delaware | ||||
WG Delmar Place, LLC | Delaware | ||||
WG Draper Place, LLC | Delaware | ||||
WG Durham, LP | Delaware | ||||
WG East Northport SH, LLC | Delaware | ||||
WG El Camino Gardens SH, LP | Delaware | ||||
WG Elizabethtown SH, LLC | Delaware | ||||
WG Encinitas SH, LP | Delaware | ||||
WG Evergreen Woods SH, LLC | Delaware | ||||
WG Falmouth SH II, LLC | Delaware | ||||
WG Falmouth SH, LLC | Delaware | ||||
WG Forest Hills SH, LLC | Delaware | ||||
WG Forest Lake SH, LLC | Delaware | ||||
WG Garden Park, LP | Delaware | ||||
WG Glen Cove SH, LLC | Delaware | ||||
WG GO GP, LLC | Delaware | ||||
WG Golden Creek SH, LP | Delaware | ||||
WG Grand Oaks, LP | Delaware | ||||
WG Grapevine SH, LLC | Delaware | ||||
WG Great Neck SH, LLC | Delaware | ||||
WG Greece SH, LLC | Delaware | ||||
WG Greenridge Place, LLC | Delaware | ||||
WG Guilderland SH, LLC | Delaware | ||||
WG Hacienda SH, LP | Delaware | ||||
WG Hamilton Heights Place, LLC | Delaware | ||||
WG Harborhill Place SH, LLC | Delaware | ||||
WG Hearthstone East SH, LLC | Delaware | ||||
WG Hearthstone West SH, LLC | Delaware | ||||
WG Heritage LF, LLC | Delaware | ||||
WG Hertlin House, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
WG Highland Crossing SH, LLC | Delaware | ||||
WG Hillcrest Inn SH, LP | Delaware | ||||
WG Hillsdale SH, LP | Delaware | ||||
WG Hudson SH, LLC | Delaware | ||||
WG Huntington SH, LLC | Delaware | ||||
WG Johnson Ferry SH, LLC | Delaware | ||||
WG Jupiter, LLC | Delaware | ||||
WG Kennebunk SH, LLC | Delaware | ||||
WG Kew Gardens SH, LLC | Delaware | ||||
WG Kinghaven SH, LLC | Delaware | ||||
WG Kingwood SH, LLC | Delaware | ||||
WG Lakewood SH, LLC | Delaware | ||||
WG Larson Place, LLC | Delaware | ||||
WG Las Posas SH, LP | Delaware | ||||
WG Lincoln Place SH, LLC | Delaware | ||||
WG Longmeadow Place SH, LLC | Delaware | ||||
WG Lynbrook SH, LLC | Delaware | ||||
WG Manresa SH, LLC | Delaware | ||||
WG Marina Place, LLC | Delaware | ||||
WG Marland Place SH, LLC | Delaware | ||||
WG Merrimack Place, LLC | Delaware | ||||
WG Merrywood SH, LLC | Delaware | ||||
WG Montego Heights SH, LP | Delaware | ||||
WG Newburgh SH, LLC | Delaware | ||||
WG Oak Knoll, LP | Delaware | ||||
WG Palm Desert, Inc. | California | ||||
WG Penfield SH, LLC | Delaware | ||||
WG Plainview SH, LLC | Delaware | ||||
WG Plano, LLC | Delaware | ||||
WG Quail Ridge, LP | Delaware | ||||
WG Raleigh, LP | Delaware | ||||
WG Rancho Park SH, LP | Delaware | ||||
WG Regency SH, LLC | Delaware | ||||
WG Richardson SH, LLC | Delaware | ||||
WG Richland Hills, LLC | Delaware | ||||
WG Riverdale SH, LLC | Delaware | ||||
WG Roslyn, LLC | Delaware | ||||
WG Rye Brook SH, LLC | Delaware | ||||
WG Salisbury SH, LLC | Delaware | ||||
WG San Pablo SH, LLC | Delaware | ||||
WG Sandy SH, LLC | Delaware | ||||
WG Scottsdale, LLC | Delaware | ||||
WG Seville SH, LLC | Delaware | ||||
WG Shaker SH, LLC | Delaware | ||||
WG South Hills SH, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
WG South Setauket SH, LLC | Delaware | ||||
WG Springdale SH, LLC | Delaware | ||||
WG St. Matthews SH, LLC | Delaware | ||||
WG Stamford SH, LLC | Delaware | ||||
WG Stony Brook SH, LLC | Delaware | ||||
WG Stratford SH, LLC | Delaware | ||||
WG Sugar Land SH, LLC | Delaware | ||||
WG Summit Hills SH, LLC | Delaware | ||||
WG Summit Ridge SH, LLC | Delaware | ||||
WG Sunlake SH, LLC | Delaware | ||||
WG Sunnyvale SH, LP | Delaware | ||||
WG Sutton Terrace SH, LLC | Delaware | ||||
WG Tamalpais Creek SH, LP | Delaware | ||||
WG Tanglewood SH, LLC | Delaware | ||||
WG Tarzana, LP | Delaware | ||||
WG Temecula, LP | Delaware | ||||
WG Tinton Falls SH, LLC | Delaware | ||||
WG Tucker, LLC | Delaware | ||||
WG Valley Manor SH, LLC (f/k/a VTR Valley Manor, LLC) | Delaware | ||||
WG Valley View SH, LP | Delaware | ||||
WG Villa Campana, LLC | Delaware | ||||
WG Virginia Beach SH, LLC | Delaware | ||||
WG Vistas Longmont, LLC | Delaware | ||||
WG Westchase SH, LLC | Delaware | ||||
WG Weston Place SH, LLC | Delaware | ||||
WG Willow Glen SH, LP | Delaware | ||||
WG Willow Park SH, LLC | Delaware | ||||
WG Windsor Woods SH, LLC | Delaware | ||||
WG Woodbridge Place SH, LLC | Delaware | ||||
WG Woodlands SH, LLC | Delaware | ||||
Whitby Retirement Group II Ltd. | British Columbia | ||||
Whitby Retirement Group Ltd. | British Columbia | ||||
Woodbriar Senior Living, LLC | Delaware | ||||
Woodlake Realty, LLC | Delaware | ||||
WWMLD Limited Liability Company | Wisconsin | ||||
Xenia Nominee LLC | Delaware | ||||
Xenia Nominee LP | Delaware | ||||
WG Plainview SH, LLC | Delaware | ||||
WG Plano, LLC | Delaware | ||||
WG Quail Ridge, LP | Delaware | ||||
WG Raleigh, LP | Delaware | ||||
WG Rancho Park SH, LP | Delaware | ||||
WG Regency SH, LLC | Delaware | ||||
WG Richardson SH, LLC | Delaware | ||||
WG Richland Hills, LLC | Delaware |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
WG Riverdale SH, LLC | Delaware | ||||
WG Roslyn, LLC | Delaware | ||||
WG Rye Brook SH, LLC | Delaware | ||||
WG Salisbury SH, LLC | Delaware | ||||
WG San Pablo SH, LLC | Delaware | ||||
WG Sandy SH, LLC | Delaware | ||||
WG Scottsdale, LLC | Delaware | ||||
WG Seville SH, LLC | Delaware | ||||
WG Shaker SH, LLC | Delaware | ||||
WG South Hills SH, LLC | Delaware | ||||
WG South Setauket SH, LLC | Delaware | ||||
WG Springdale SH, LLC | Delaware | ||||
WG St. Matthews SH, LLC | Delaware | ||||
WG Stamford SH, LLC | Delaware | ||||
WG Stony Brook SH, LLC | Delaware | ||||
WG Stratford SH, LLC | Delaware | ||||
WG Sugar Land SH, LLC | Delaware | ||||
WG Summit Hills SH, LLC | Delaware | ||||
WG Summit Ridge SH, LLC | Delaware | ||||
WG Sunlake SH, LLC | Delaware | ||||
WG Sunnyvale SH, LP | Delaware | ||||
WG Sutton Terrace SH, LLC | Delaware | ||||
WG Tamalpais Creek SH, LP | Delaware | ||||
WG Tanglewood SH, LLC | Delaware | ||||
WG Tarzana, LP | Delaware | ||||
WG Temecula, LP | Delaware | ||||
WG Tinton Falls SH, LLC | Delaware | ||||
WG Tucker, LLC | Delaware | ||||
WG Valley Manor SH, LLC (fka VTR Valley Manor, LLC) | Delaware | ||||
WG Valley View SH, LP | Delaware | ||||
WG Villa Campana, LLC | Delaware | ||||
WG Virginia Beach SH, LLC | Delaware | ||||
WG Vistas Longmont, LLC | Delaware | ||||
WG Westchase SH, LLC | Delaware | ||||
WG Weston Place SH, LLC | Delaware | ||||
WG Willow Glen SH, LP | Delaware | ||||
WG Willow Park SH, LLC | Delaware | ||||
WG Windsor Woods SH, LLC | Delaware | ||||
WG Woodbridge Place SH, LLC | Delaware | ||||
WG Woodlands SH, LLC | Delaware | ||||
Whitby Retirement Group II Ltd. | British Columbia | ||||
Whitby Retirement Group Ltd. | British Columbia | ||||
Woodbriar Senior Living, LLC | Delaware | ||||
Woodlake Realty, LLC | Delaware | ||||
WWMLD Limited Liability Company | Wisconsin |
Entity Name |
Jurisdiction of Organization
or Formation |
||||
Xenia Nominee LLC | Delaware | ||||
Xenia Nominee LP | Delaware |
Debt Instrument | Issuer | |||||||
Floating Rate Senior Notes, Series F due 2021 | Ventas Canada Finance Limited | |||||||
3.25% Senior Notes due 2022 | Ventas Realty, Limited Partnership and Ventas Capital Corporation | |||||||
3.30% Senior Notes, Series C due 2022 | Ventas Canada Finance Limited | |||||||
3.125% Senior Notes due 2023 | Ventas Realty, Limited Partnership | |||||||
3.10% Senior Notes due 2023 | Ventas Realty, Limited Partnership | |||||||
2.55% Senior Notes, Series D due 2023 | Ventas Canada Finance Limited | |||||||
3.50% Senior Notes due 2024 | Ventas Realty, Limited Partnership | |||||||
3.75% Senior Notes due 2024 | Ventas Realty, Limited Partnership | |||||||
4.125% Senior Notes, Series B due 2024 | Ventas Canada Finance Limited | |||||||
2.80% Senior Notes, Series E due 2024 | Ventas Canada Finance Limited | |||||||
3.50% Senior Notes due 2025 | Ventas Realty, Limited Partnership | |||||||
2.65% Senior Notes due 2025 | Ventas Realty, Limited Partnership | |||||||
4.125% Senior Notes due 2026 | Ventas Realty, Limited Partnership | |||||||
3.25% Senior Notes due 2026 | Ventas Realty, Limited Partnership | |||||||
3.85% Senior Notes due 2027 | Ventas Realty, Limited Partnership | |||||||
4.00% Senior Notes due 2028 | Ventas Realty, Limited Partnership | |||||||
4.40% Senior Notes due 2029 | Ventas Realty, Limited Partnership | |||||||
3.00% Senior Notes due 2030 | Ventas Realty, Limited Partnership | |||||||
4.75% Senior Notes due 2030
|
Ventas Realty, Limited Partnership | |||||||
5.70% Senior Notes due 2043 | Ventas Realty, Limited Partnership | |||||||
4.375% Senior Notes due 2045 | Ventas Realty, Limited Partnership | |||||||
4.875% Senior Notes due 2049 | Ventas Realty, Limited Partnership |
/s/ DEBRA A. CAFARO | ||
Debra A. Cafaro
Chairman and Chief Executive Officer
|
/s/ ROBERT F. PROBST | ||
Robert F. Probst
Executive Vice President and Chief Financial Officer
|
/s/ DEBRA A. CAFARO | ||
Debra A. Cafaro
Chairman and Chief Executive Officer
|
/s/ ROBERT F. PROBST | ||
Robert F. Probst
Executive Vice President and Chief Financial Officer
|