- The all-cash deal was for the purchase by Ventas (NYSE:VTR) of 29 private-pay senior living communities located in seven Canadian provinces, with the majority in Ontario and Alberta. They will be managed by Atria Senior Living.
- The financial impact of the deal is reflected in recently updated full-year normalized FFO guidance, which was boosted to $4.39-$4.43 per share from $4.31-$4.37.
- Source: Press Release