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A VENTAS Ventas , Inc. 353 North Clark Street , Suite 3300 Contact : Sarah Whitford ( 877 ) 4 - VENTAS Chicago , Illinois 60654 Ventas Reports 2021 Third Quarter Results CHICAGO ( November 5 , 2021 ) - Ventas , Inc. ( NYSE : VTR ) ( " Ventas " or the " Company " ) today reported results for the third quarter ended September 30 , 2021 . " Ventas's high - quality diversified portfolio demonstrated strength in the third quarter of 2021 despite the challenges of COVID - 19 and a tight labor market . We are pleased with the growth in our life science , medical office and healthcare triple net portfolios . We are also seeing sustained demand and revenue growth in our senior housing communities , with third quarter average occupancy up 230 basis points sequentially and eight consecutive months of occupancy growth through October , " said Debra A. Cafaro , Ventas Chairman and CEO . " We continue to drive growth through $ 3.7 billion of completed and announced strategic investments in 2021 , including our recent acquisition of 103 independent living communities owned by New Senior for a purchase price of $ 2.3 billion and the development of a $ 0.5 billion life science project anchored by University of California , Davis . We are committed to expanding our senior living , life science and medical office footprints through relationship - driven investments that enhance our portfolio and drive returns . " Looking ahead , we are excited for the future of Ventas and expect a robust recovery in senior housing as we also capture the benefits of our completed investments and execute on our external growth opportunities , " Cafaro concluded . Third Quarter 2021 Results For the third quarter 2021 , reported per share results were : Net Income ( Loss ) Attributable to Common Stockholders * Nareit FFO Attributable to Common Stockholders ( " Nareit FFO " ) * Normalized FFO Attributable to Common Stockholders ( " Normalized FFO ” ) * ( 877 ) 4 - VENTAS www.ventasreit.com 2021 $ 0.16 $ 0.58 $ 0.73 Quarter Ended September 30 2020 $ Change $ 0.03 $ 0.13 ( $ 0.07 ) ( $ 0.02 ) $ 0.65 $ 0.75 % Change 433 % ( 11 % ) ( 3 % ) This is a non - GAAP financial measure . Refer to the Non - GAAP Financial Measures Reconciliation tables at the end of this press release for additional information and a reconciliation to the most directly comparable GAAP measure .