Ventas Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
VTR$90.34+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Schedule IV — Mortgage Loans on Real Estate
December 31, 2023
| Location | Interest Rate | Fixed / Variable | Maturity Date | Periodic Payment Terms | Prior Liens | Face Amount of Mortgages | Carrying Amount of Mortgages | Principal Amount of Loans Subject to Delinquent Principal or Interest |
|---|---|---|---|---|---|---|---|---|
| First mortgage relating to one senior housing property located in: | ||||||||
| Pennsylvania | Term SOFR plus 3.75% | Variable | 11/4/2027 | Interest only; principal payments start in 2024 | $— | $18,161 | $18,161 | $— |
| First mortgage relating to two senior housing properties located in: | ||||||||
| Texas | Lesser of 9.50% or SOFR + 5.50% | Variable | 6/16/2024 | Interest only | — | 7,950 | 7,926 | — |
| Total | $— | $26,111 | $26,087 | $— | ||||
Reconciliation of Mortgage Loans:
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Beginning Balance | $491,334 | $486,200 | $552,797 |
| Additions: | |||
| New loans | — | 25,247 | — |
| Construction draws | 835 | — | — |
| Total additions | 835 | 25,247 | — |
| Deductions: | |||
| Principal repayments | — | (113) | (66,597) |
| Conversions to Real Property | (486,082) | — | — |
| Allowance | 20,000 | (20,000) | — |
| Total deductions | (466,082) | (20,113) | (66,597) |
| Effect of foreign currency translation | — | — | — |
| Ending Balance | $26,087 | $491,334 | $486,200 |
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