Building  Owners  and  Managers  Association  International

Building Owners and Managers Association International

Ventas to Serve as Presenting Sponsor of BOMA’s 2011 Medical Office Buildings and Healthcare Facilities Conference

March 7, 2011

​(WASHINGTON, D.C.—March 7, 2011)   BOMA International announced today that Lillibridge Healthcare Services, Inc. (“Lillibridge”), a Ventas company (NYSE:VTR), will be the Presenting Sponsor of BOMA’s 2011 Medical Office Buildings and Healthcare Facilities Conference, to be held May 4-6, 2011 at the Hyatt Regency Dallas.

”We are pleased to serve as the Presenting Sponsor of the 2011 Medical Office Buildings and Healthcare Facilities Conference in a key healthcare market such as Dallas,” said Todd Lillibridge, Lillibridge President and Chief Executive Officer and Executive Vice President, Medical Property Operations of Ventas. “We consider the annual BOMA conference to be a gathering of the most visionary and progressive organizations and individuals in our industry, so it was a natural fit for Lillibridge to stand tall among these healthcare leaders.”

“Lillibridge’s Presenting Sponsorship of this conference helps to reinforce the importance and stature of healthcare real estate and this conference to the industry,” noted Gordon Soderlund, conference co-chair and Senior Vice President Business Development, Lend Lease DASCO.  “As one of the market leaders, their perspectives on the challenges that healthcare systems face and the emerging trends in ambulatory facilities are sure to generate tremendous discussion.”

“Healthcare real estate continues to be one of the top performing assets, even as other commercial real estate asset classes suffer amid the recovery,” remarked BOMA International Chair Ray H. Mackey, Jr., RPA, CPM, CCIM, partner and chief operating officer, Stream Realty Partners, L.P. “The Medical Office Buildings and Healthcare Facilities Conference is considered a must-attend by healthcare real estate professionals as attendance continues to grow year after year.”

Driven by population demographics and medical advances, demand for healthcare real estate is expected to remain strong as healthcare systems continue to expand their ambulatory care offerings to address rising costs and competitive market pressures.

This year’s conference will examine a number of issues converging on healthcare systems, including the increasing trend toward ambulatory care, particularly in the wake of uncertainty surrounding the implementation of healthcare reform, persistent capital constraints, and competitive pressures to expand service areas.  The conference will explore ways in which real estate strategies can help systems respond effectively to their operating challenges and leverage their real estate to fulfill their healthcare missions. The conference will also highlight the implications of healthcare reform on physician practices; access to debt and equity for real estate development and monetizations; and merger and acquisition activity among both healthcare systems and real estate entities.

Registration and information about the education program for BOMA’s 2011 Medical Office Buildings and Healthcare Facilities Conference, to be held May 4-6 at the Hyatt Regency in Chicago, is now available online at www.boma.org/MOB

About Lillibridge
Lillibridge has been a leader in the healthcare real estate industry for nearly three decades.  The company develops, funds, acquires and manages healthcare facilities and provides advisory services to the nation's leading hospitals and health systems.

Lillibridge is a subsidiary of Ventas, Inc., an S&P 500 company and a leading healthcare real estate investment trust. Ventas's diverse portfolio of over 600 assets in 44 states (including the District of Columbia) and two Canadian provinces consists of seniors housing communities, skilled nursing facilities, hospitals, medical office buildings and other properties. More information about Ventas and Lillibridge can be found at www.ventasreit.com and www.lillibridge.com.

About BOMA International
The Building Owners and Managers Association (BOMA) International is an international federation of more than 100 local associations and affiliated organizations. Founded in 1907, its 16,500-plus members own or manage more than nine billion square feet of commercial properties. BOMA International’s mission is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. On the web at www.boma.org.

For more information on the 2011 Medical Office Buildings and Healthcare Facilities Conference or to request press credentials for the Conference, contact:

Lindsay Tiffany
Manager or Media Relations
(202) 326-6365
ltiffany@boma.org