CHICAGO — The board of directors of Ventas Inc. (NYSE: VTR) has approved the spinoff of most of its skilled nursing portfolio into an independent, publicly traded REIT called Care Capital Properties Inc. (CCP).
NEWCASTLE, Wash. — Seniors housing developer Aegis Living has broken ground on assisted living/memory care community Aegis Gardens in Newcastle near Seattle, marking the Pacific Northwest’s first senior living community for Chinese-Americans.