Ventas raises 2026 guidance after senior housing growth and $5.2 billion investments

Ventas reported third-quarter 2026 Normalized FFO of $0.99 per share, up 10% year over year, while attributable net income was $0.13 per share versus $0.14 a year earlier. Senior Housing Operating Portfolio same-store cash NOI increased 16%, and Ventas closed $5.2 billion of senior housing investments year to date, including $1.2 billion in the quarter. The company raised its full-year 2026 Normalized FFO guidance to $3.87-$3.90 per share from $3.85-$3.90, citing accretive investment activity, while reporting $4.5 billion of liquidity and a 4.4x net debt-to-further adjusted EBITDA ratio at September 30.