Ventas — Jul 29, 2026 release

Meanwhile, new supply remains at historic lows, setting up a compelling multiyear runway for growth and value creation. “Our portfolio and platform are built to meet this moment, and we continue to expand our senior housing footprint,” Cafaro continued. “We are increasing our 2026 investment volume expectations to $4.5 billion, after completing over $3 billion of attractive U.S. senior housing investments year to date and growing our active, actionable investment pipeline. Our differentiated platform, experience, industry relationships and scale are competitive advantages driving Ventas’s outperformance and elevating our industry to better serve a large and growing aging population. “We are again raising our full year earnings guidance primarily because of our increased investment activity. The Ventas team remains focused on winning together and delivering for our stakeholders as we enable exceptional environments that help people live longer, healthier, happier lives,” Cafaro concluded. Second Quarter and Other 2026 Highlights • Net Income Attributable to Common Stockholders (“Attributable Net Income”) per share of $0.14 • Normalized Funds From Operations* (“Normalized FFO”) per share of $0.97, an increase of 9% year-over-year • Total Company Net Operating Income* (“NOI”) year-over-year growth of 17% and Total Company Same-Store Cash NOI* year-over-year growth of 10% • On a Same-Store Cash NOI* basis, the senior housing operating portfolio (“SHOP”) grew 16% year-over-year, with Same-Store Cash Operatin