Ventas Renews, Expands Credit Facility

Ventas Renews, Expands Credit Facility

Chicago-based health care REIT Ventas recently renewed and expanded its borrowing power, closing a $3 billion unsecured credit facility this week. However, Ventas remains in the same stock slump as other property REITs.

Healthcare REIT share values rose enormously earlier in the year, with Ventas’ stock reaching $84.11 per share in late May. The sector's stock valuations began dropping shortly after that. After a $2 per share increase following the credit fa

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