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).
Company News
NEW YORK CITY — NorthStar Healthcare Income Inc. (NorthStar Healthcare) — through a joint venture with Formation Capital LLC and Safanad Management Ltd. — has closed the acquisition of the U.S.-based operations of Extendicare International Inc., including a portfolio of 158 seniors housing and care facilities for a total cost of approximately $1.1 billion.
BRENTWOOD, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has announced that Mark Ohlendorf, the company’s president and chief financial officer, will transition from his current dual roles to focus fully on his role as president. The company also announced that Gregory Richard, the company’s chief operating officer, will step down effective Sept. 30.