Ventas, Inc.

Company facts

Industry

Real Estate Investment Trusts

Headquarters

Chicago, Illinois

Most recent report

10-Q, filed Jul 30, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 740260

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 13 sections worth reading, with 0 positive, 7 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Core financials with big equity raise, SHOP growth, large acquisitions, and debt moves.
  Notable

  • Acquired 61 senior housing communities for $2.8B in H1 2026, massively expanding SHOP.
  • Originated $300M Scion term loan at 10.7% interest, part of a broader Kindred refinancing.
  • Raised $3.0B gross equity via ATM forward sales in H1 2026; net cash proceeds $2.5B.
  Negative

  • Impairments of $60.3M in H1 2026, mostly SHOP and OM&R, signaling continued property stress.

• Management's Discussion (Item 2)

  Large SHOP NOI growth, massive acquisitions, significant equity and debt financing activity.
  Notable

  • Completed UPREIT reorganization in July 2026, a structural change with no financial impact.
  • Raised $1.7B net from equity forward settlements in Q2 2026, dilutive but funds growth.

• Market Risk (Item 3)

  Variable rate debt surged to $1.93B, raising interest rate risk. Loans receivable fair value tripled.
  Notable

  • A 100 bps rate hike would add $19.3M in annual interest expense ($0.04/share), up from $11.3M in Q1 2026.
  • Fair value of loans receivable jumped from $166.8M (Dec 2025) to $462.4M (June 2026), a $295.6M increase.
  Negative

  • Variable debt rose $798.9M (from $1.13B to $1.93B) in Q2 2026 via term loan and commercial paper, boosting interest rate risk.

What changed: Jun 2026 vs. Mar 2026

About 16% of VTR's Jun 2026 10-Q is new information. 67 paragraphs were added, 178 changed, and 33 removed. Below are the most important lines SECSift identified.

• Item 2 110
• Item 1 69
• Item 3 8
• Item 4 2
• Item 6 1
• Item 5 1