CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today said it has
named James E. Mendelson as Executive Vice President, Asset Management
for its Lillibridge Healthcare Services, Inc. (LHS) subsidiary,
effective immediately. Mr. Mendelson reports to the LHS President and
CEO Todd W. Lillibridge.
“We are delighted to welcome Jim to Ventas and LHS,” Lillibridge said.
“Jim will lead our LHS asset management department, where he is charged
with continuing our commitment to excellence in our best-in-class
medical office building platform. An important addition to our talented
and experienced LHS team, Jim will play a valuable role in our drive to
deliver industry-leading results to our MOB business for customers and
Mr. Mendelson joins Lillibridge from GE Capital Real Estate, where he
spent 14 years as a Managing Director, most recently as head of its U.S.
Equity Business. During his tenure at GE, Jim was responsible for
leadership of a $20 billion dollar real estate portfolio. Previous to GE
Capital, Jim worked at Heller Financial Inc., and prior to that, The
Balcor Company. He earned a Master of Business Administration from the
University of Chicago and a Bachelor of Science in business
administration, magna cum laude, from the University of Missouri.
Ventas, Inc., an S&P 500 company, is a leading real estate investment
trust. Its diverse portfolio of nearly 1,300 assets in the United
States, Canada and the United Kingdom consists of seniors housing
communities, medical office buildings, skilled nursing facilities,
hospitals and other properties. Through its Lillibridge subsidiary,
Ventas provides management, leasing, marketing, facility development and
advisory services to highly rated hospitals and health systems
throughout the United States. More information about Ventas and
Lillibridge can be found at www.ventasreit.com