Ventas Transitions Elmcroft Portfolio to Newly Formed Eclipse Senior Living

The new operating company led by former Holiday Retirement CEO Kai Hsiao is now officially managing a 76-property portfolio of senior living properties. The operator, Eclipse Senior Living (ESL), is jointly owned by Chicago-based real estate investment trust (REIT) Ventas Inc. (NYSE: VTR), which has a 34% stake. Eclipse management owns the remaining 66%. Ventas, […]