Ventas Reportedly To Acquire Six-property Portfolio From Harrison Street, B2k For $600m

Senior living REIT Ventas (NYSE: VTR) is said to be acquiring a six-community portfolio on New York’s Long Island for $600 million.

According to an Aug. 22 story on Bloomberg, sources familiar with the deal said that Ventas was acquiring the portfolio from Harrison Street and B2K Development. The latter will operate the communities with performance incentives under Ventas, according to the story.

Ventas Chief Investment Officer Justin Hutchens told Bloomberg the transaction includes “high-quality senior living communities with upside potential.”

A representative for Ventas did not immediately return a request for comment from Senior Housing News.

The reported deal follows optimism from Ventas management about the road ahead for new investments. The company during its second-quarter 2025 earnings call upped its investment guidance for 2025 to $2 billion.

At the time, Hutchens told SHN that Ventas is in “one of the best positions to grow our platform externally.” Since the start of 2024, the Chicago-based real estate investment trust (REIT) has invested about $3 billion into senior living holdings.

“We’ve committed to deploy billions of dollars into the senior housing sector and to expand our footprint,” Hutchens told SHN.

As of the second quarter, Ventas owned 1,386 properties, with 691 in its SHOP segment and 257 in its triple-net senior living segment.

Ventas is not the only REIT on a senior living shopping spree in 2025. Peer REIT Welltower (NYSE: WELL) has this year has laid out a $9.2 investment pipeline of “highly attractive” properties in the U.S. and abroad according to CEO Shankh Mitra.

The post Ventas Reportedly to Acquire Six-Property Portfolio From Harrison Street, B2K for $600M appeared first on Senior Housing News.