New York-based private equity group Berkshire has formed a $40 million senior housing joint venture with LCB Senior Living, the companies announced this week, with Cushman & Wakefield advising Berkshire on the deal. LCB Senior Living, based in Massachusetts, is a developer, operator and third-party manager of senior housing communities in New England and the […]
Cushman & Wakefield
A foreclosure auction for a Bethesda, Md. luxury senior housing condominium managed by Sunrise Senior Living (NYSE:SRZ) was cancelled on Friday, June 8. News that The Fox Hill Club & Residences was headed for foreclosure broke in early Spring, but Sunrise’s CEO Mark Ordan emphasized in a statement obtained by the Washington Post that the […]