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Ventas to Cut 25% of Workforce as Result of Pandemic

One of the Largest US Owners of Senior Housing and Medical Properties Prepares for Tough Times Ahead
Sunrise of Lincoln Park in Chicago is one of the many senior-living properties owned by Ventas, the real estate investment trust. (CoStar)
Sunrise of Lincoln Park in Chicago is one of the many senior-living properties owned by Ventas, the real estate investment trust. (CoStar)
By Jennifer Waters
CoStar News
May 29, 2020 | 3:07 P.M.

Ventas is slashing a quarter of its workforce and slicing its chief executive’s pay as one of the largest owners of senior housing properties in the country faces an uncertain future during the coronavirus pandemic.

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