John Killechawski's questions to Ventas Inc (VTR) leadership • Q3 2024
Question
John Killechawski from Wells Fargo sought clarification on the RevPOR and OpExPOR assumptions within the updated SHOP guidance and requested a performance update on their major operator, Atria.
Answer
J. Hutchens and CFO Robert Probst clarified that the focus is on the RevPOR/OpExPOR spread, which remains healthy at approximately 300 basis points and is factored into the new guidance. Hutchens added that Atria is a strong performer, with its legacy portfolio executing well and the Holiday portfolio contributing significantly to occupancy growth.