EVP, Office, Ventas REIT
President and CEO, Lillibridge Healthcare Services
PETER J. BULGARELLI is the Executive Vice President, Office, of Ventas, Inc., an S&P 500 company and real estate investment trust that owns approximately 1,200 healthcare, life science and senior living properties in North America and the United Kingdom and serves as the primary capital provider to leading healthcare companies. In addition, Bulgarelli serves as President and Chief Executive Officer (CEO) of Lillibridge Healthcare Services (LHS), a fully integrated medical office building (MOB) operating company, and wholly-owned subsidiary of Ventas.
As a member of the Ventas executive leadership team, Bulgarelli is responsible for the Company’s growing integrated Office platform which represents 26% of the Company’s Net Operating Income (NOI) and combines the LHS MOB and university-based life science and innovation center portfolios. Life science and innovation is the Company’s #1 capital priority; a portfolio that has grown by 40% since inception in 2016 and continues to have a robust development pipeline with its exclusive development partner Wexford Science + Technology. LHS is a premier MOB operating company focused on property management, leasing, construction management and advisory services, supporting more than 15,000 physician tenants daily in 24 million managed sq. ft. of MOB space across 32 states.
Bulgarelli joined Ventas in 2018 following a successful 28-year career at Jones Lang LaSalle, Inc. (“JLL”), a global professional services firm specializing in real estate, and most recently leading their industry focused businesses including life sciences, higher education and academic medical centers. Bulgarelli was responsible for the establishment and management of JLL’s integrated healthcare services business, one of their fastest growing business units which averaged a compound annual growth rate of 40 per cent annually over an eight year period.
Bulgarelli sits on the Board of PMB Real Estate Services (PMB RES), and is a member of the Urban Land Institute Healthcare and the Life Sciences Council. He serves as the Chair Emeritus of the Chicago Board of the American Diabetes Association.
A Chicago native, Bulgarelli earned his B.S. in civil engineering from the University of Illinois and received his M.B.A. from Northwestern University’s Kellogg Graduate School of Business. He is married with three children