Blackstone’s Sunwest bid before bankruptcy court
A $209m stalking horse offer to buy 134 senior living facilities is to be recommended to bankruptcy court. The deal would also include the assumption of $945m in debt. The SEC alleged Sunwest was a “virtual Ponzi scheme” in 2009.
24 January 2013•2 mins read
PRIVATE REAL ESTATE
Register to unlock this content
Daily global private real estate news and market intelligence- Expertly curated insights to keep you ahead of the market
- Faster, data-driven decision-making powered by our AI interface, Ask PEI
- Access to proprietary research and reports
- Selected investor strategy and competitor performance data