Ventas acquired Lillibridge Healthcare Services, a transaction completed in July 2010, structured as Acquisition of the operating company together with real estate interests in 95 medical office buildings and ambulatory facilities..
Lillibridge Healthcare Services operates in Medical office buildings / outpatient, is based in United States. Lillibridge Healthcare Services provides management, leasing, marketing, facility development and advisory services to hospitals and health systems across the United States. Ventas acquired the company along with real estate interests in 95 medical office buildings and ambulatory facilities. The deal expanded Ventas's medical office building platform to 154 MOBs totaling roughly 8.4 million square feet across 20 states.
Establish Ventas as a national leader in the growing medical office building and outpatient real estate sector, adding an in-house management and development platform.
Advisory firms were not disclosed for this transaction.