I look forward to sharing some insights into the strategy and execution of our recent acquisitions.
Chicago, IL (PRWEB) April 18, 2012
Executives from Lillibridge Healthcare Services Inc. and its parent company Ventas, Inc. (NYSE: VTR) will share their insights next month about the rapid consolidation in the healthcare real estate industry. They are scheduled to speak during the Building Owners and Managers Association (BOMA) International 2012 Medical Office Buildings (MOBs) and Healthcare Facilities Conference, May 2-4 in Atlanta.
The featured healthcare real estate experts will include: Raymond J. Lewis, President of Ventas; Todd W. Lillibridge, President and CEO of Lillibridge and EVP Medical Properties of Ventas; and Vincent M. Cozzi, EVP and Chief Investment Officer of Lillibridge. The panel discussion, titled “Perfecting the Blend,” will be moderated by Matthew S. Johnson, managing director, Morgan Stanley.
“Consolidation is happening among hospitals, health systems and physician groups, and also among the real estate firms that serve them,” Mr. Lillibridge says. “Together with Ray, Vince and Matt, I look forward to sharing some insights into the strategy and execution of our recent acquisitions – how we have grown profitably, positioned ourselves to serve clients better, and integrated our people, cultures and best practices.”
The panelists will share lessons learned from the past 24 months in which Ventas and Lillibridge executed on more than $12 billion of healthcare real estate transactions, including the recent acquisition of Cogdell Spencer Inc.
The panel is scheduled for 9:30 to 10:30 a.m. Friday, May 4, and will discuss:
- Identifying the right mix of assets: Growing a diversified portfolio to reduce risk and provide stable returns;
- Perfecting the blend: The complex and ongoing process of integrating platforms, cultures and people to best serve healthcare clients and achieve corporate goals of profitability and financial strength; and
- Growing the brand: Improving quality while continuing to successfully pursue internal and external growth opportunities.
More information on the panel can be found at http://www.boma.org/trainingandeducation/medicalofficebuildings.
Lillibridge has been a leader in the healthcare real estate industry for nearly three decades. Our company develops, funds, acquires and manages healthcare facilities and provides advisory services to the nation's leading hospitals and health systems. Lillibridge is a subsidiary of Ventas Inc. (NYSE:VTR), an S&P 500 company and a leading healthcare real estate investment trust. Ventas's diverse portfolio includes more than 1,400 seniors housing and healthcare properties located in 46 states, the District of Columbia and two Canadian provinces. More information about Ventas and Lillibridge can be found at http://www.ventasreit.com and http://www.lillibridge.com.
About BOMA International
The Building Owners and Managers Association (BOMA) International is an international federation of more than 100 local associations and affiliated organizations. Founded in 1907, its 18,000-plus members own or manage more than 9 billion square feet of commercial properties. BOMA International’s mission is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. To learn more, please visit http://www.boma.org.