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Ventas, Inc.

For the period ended Dec 31, 2025. Filed Feb 6, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 6, 2026

VTR$89.49+0.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 2. Properties

As of December 31, 2025, we owned or had investments in 1,409 properties consisting of 1,374 properties in our SHOP, OM&R and NNN segments and 35 properties held by unconsolidated real estate entities in our non-segment operations. See “Note 7 – Investments in Unconsolidated Entities.”

The following table provides additional information regarding the geographic diversification of our Segment Properties as of December 31, 2025:

Senior HousingCommunities · SNFs · Outpatient Medical Buildings · Research Centers · IRFs and LTACs · Other Healthcare Facilities
Geographic Location# ofPropertiesUnits# of PropertiesLicensed Beds# of PropertiesSquare Feet (1)# of PropertiesSquare Feet (1)# of PropertiesLicensed Beds# of PropertiesLicensed Beds
Alabama1222——6618——————
Arkansas5413——————————
Arizona323,425——14895——160——
California768,154——292,257——8667——
Colorado252,34218217877——181——
Connecticut121,560——————————
Delaware2182——————————
District of Columbia————2103——————
Florida524,754——1434312527563——
Georgia161,632——181,279——142——
Hawaii1123——123——————
Iowa2214——————————
Idaho146——176——————
Illinois323,460182281,48111292255——
Indiana101,018——412,293——159——
Kansas121,021——2115——————
Kentucky111,331——273——1384——
Louisiana5458——8456——132——
Massachusetts202,2892181————————
Maryland4282——2833320————
Maine8990——————————
Michigan221,831——16727——————
Minnesota9715——299——————
Missouri6593——191,1185810269——
Mississippi194——151——————
Montana5465——————————
North Carolina373,071——1568081,3561124——
North Dakota2115——1114——————
Nebraska2251——————————
New Hampshire2242——————————
New Jersey141,3851153337——————
New Mexico4403——353——21234555
Nevada7835——4329——2130——
New York465,505——3190——————
Ohio302,736——16593——150——
Oklahoma9754——180——1414958
Oregon363,25163601105——————
Pennsylvania312,4754620754861,119152——
Rhode Island4399————3444————
South Carolina7601——221,188——————
South Dakota5295——————————
Tennessee171,487——5250——149——
Texas767,616——472,090——96272445
Utah6662——————141——
Virginia11991——52341262————
Washington202,051763610584——————
Wisconsin312,263——15745——————
West Virginia21224326————————
Wyoming2169——————————
Total U.S.77175,293262,44038120,783284,692443,449101,958
Canada8416,182——————————
United Kingdom11724————————3121
Total86692,199262,44038120,783284,692443,449132,079

(1)Square Feet are in thousands. Totals may not foot due to rounding.

Corporate Offices

Our headquarters are located in Chicago, Illinois and we have additional corporate offices in Louisville, Kentucky and New York, New York. We lease all of our corporate offices.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.