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Ventas Announces New Lease with Kindred

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Description: CHICAGO--(EON: Enhanced Online News)--Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that it and Kindred Healthcare, Inc. (NYSE: KND) (“Kindred”) have entered into a new lease (the “new LTAC Lease”) for ten long-term acute care hospitals (“LTACs”) owned by Ventas, for initial rent of $28 million annually commencing May 1, 2013. The new LTAC Lease covers all ten LTACs whose lease term is currently scheduled to expire on April 30, 2013. The new LTAC Lease has an initial term of te a style=
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