Ventas, Inc. announced that its Board of Directors declared a regular quarterly dividend of $0.67 per share, payable in cash on June 28, 2013 to stockholders of record on June 5, 2013. The dividend is the second quarterly installment of the Company's 2013 annual dividend.

Ventas, Inc. announced that John D. Cobb was promoted to Executive Vice President and Chief Investment Officer, from Senior Vice President. Cobb, who joined Ventas in 2010, is responsible for the Company's extensive acquisition and investment activity, including seniors housing, medical office buildings and other healthcare properties. Lori B. Wittman was promoted to Senior Vice President, Capital Markets and Investor Relations, from Vice President. As head of capital markets, Wittman is responsible for managing the company's debt and equity raising activities, investor relations and relationships with its capital partners. Wittman joined Ventas in 2011. Previously, she was the CFO and managing principal of Big Rock Partners. Joy L. Butora was promoted to Vice President, Asset Management, from Director. In her current position, she is responsible for financial oversight and analysis of the company's seniors housing operating portfolio and managing relationships with third-party management companies. Will Germain was promoted to Investment Officer, Medical Office Buildings from Director. In his position, Germain is responsible for originating, underwriting and executing medical property acquisitions and development opportunities.

Ventas, Inc. reported consolidated earnings results for the first quarter ended March 31, 2013. The company reported normalized Funds from operations for the quarter ended March 31, 2013 increased 14.3% to $301,571,000, from $263,910,000 for the comparable 2012 period. Normalized FFO per diluted common share was $1.03 for the quarter ended March 31, 2013, a 13% increase from $0.91 for the comparable 2012 period. The growth in first quarter 2013 normalized FFO per diluted common share compared to the first quarter of 2012 is due primarily to the company's $2.7 billion of investments in 2012; net operating income increases in its high-quality private pay seniors housing communities managed by Atria Senior Living, Inc. and Sunrise Senior Living, LLC, its triple-net lease portfolio and its medical office building segment; and lower weighted average interest rates. Net income attributable to common stockholders for the quarter ended March 31, 2013 was $112.2 million, or $0.38 per diluted common share, including discontinued operations of negative to $5.6 million. Net income attributable to common stockholders for the quarter ended March 31, 2012 was $90.6 million, or $0.31 per diluted common share, including discontinued operations of $43.4 million. This $21.6 million increase in net income attributable to common stockholders in the first quarter of 2013 over the prior year comparable period is primarily the result of the increases described above for normalized FFO, changes in losses on extinguishment of debt and income taxes, partially offset by year-over-year changes in discontinued operations and additional depreciation and amortization. The company reported total revenue of $684,868,000 against $566,424,000 a year ago. Income before income from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest was $119,540,000 against $57,749,000 a year ago. Net cash provided by operating activities was $230,305,000 against $244,961,000 a year ago. Capital expenditures were $19,795,000 against $10,019,000 a year ago. Adjusted Pro Forma EBITDA was $386,437,000. Net debt was $8,198,323,000. First quarter 2013 normalized FFO increased from last year's first quarter, due to the 2012 investments of over $2.7 billion, and NOI increases in all 3 of segments, offset somewhat by higher interest expense, due to higher debt balances from the acquisition activity and, to a lesser extent, G&A expenses. Income from continuing operations was $118,725,000 compared to $46,728,000 a year ago. Funds from operations were $295,284,000 or $0.74 per share compared to $214,791,000 or $1.00 per share a year ago. The company continues to expect its 2013 normalized FFO per diluted share, excluding the impact of unannounced acquisitions, divestitures and capital transactions, to range between $3.99 and $4.07 and its 2013 NOI for its total Atria- and Sunrise-managed seniors housing operating portfolio to range between $430 million and $440 million, representing approximately 5% to 8% same-store NOI growth. Excluding non-cash items from normalized FFO (projected to be $0.12 per diluted share), computed consistent with prior periods, the midpoint of the company's guidance range constitutes approximately 9% per share growth in 2013.