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 investors.”
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 and www.lillibridge.com.