Ventas Selects PMB Real Estate Services to Manage Arrowhead Orchards

GLENDALE, Arizona (January 31, 2012) - PMB Real
Estate Services, a leader in providing real estate management solutions for healthcare is pleased to announce a new management opportunity at the Arrowhead Orchards medical office
buildings. The Orchards are located adjacent to the campus of Arrowhead Hospital, an Abrazo Health Care facility. Comprised of over 100,000 square feet, the Orchards house a
variety of medical specialties including Maternal-Fetal Medicine, Fertility Treatment, Orthopedics, Imaging, Physical Therapy, and Ophthalmology.

With the addition
of the Orchards, PMB Real Estate Services now manages over 2.9 million square feet of medical office space. Over 180,000 square feet of this space is located at Arrowhead Hospital.
PMB Real Estate Services is able to provide the operational efficiencies of a national organization with the personal touch of an on-site team. Our Arizona team has already begun a
full management transition.

About PMB Real Estate Services
PMB Real Estate Services, a leader in providing real estate management solutions for healthcare, manages
a portfolio of 44 medical office buildings throughout California, Nevada, Arizona, Oregon, Washington, Louisiana, and Hawaii. Company services include asset management, tenant
relations and retention programs, construction management, facilities maintenance, property accounting and lease negotiation. PMB Real Estate Services is a wholly owned subsidiary
of Pacific Medical Buildings (, the leading developer of hospital based healthcare facilities in the West, and Ventas ( NYSE:
VTR, the leading senior housing and healthcare real estate investment trust in the United States.