Ventas Taps New Operator Led by Hsiao for 70-Property Elmcroft Deal

Ventas Inc. (NYSE: VTR) is working out a deal to transition its portfolio of about 70 Elmcroft Senior Living properties into the hands of a new management company started by Kai Hsiao, former CEO of independent living giant Holiday Retirement. Ventas, one of the “big three” real estate investment trusts (REITs) in the senior housing […]