Login

Whittled Down Sunwest To Be Reorganized as a REIT

CoStar News
September 3, 2009 | 2:15 AM

The court-appointed receiver and chief restructuring officer overseeing the reorganization of senior living provider Sunwest Management filed a distribution plan with the U.S. District Court in Eugene, OR. They have proposed to unite core Portland, OR-based Sunwest assets under the umbrella of a single real estate investment trust (REIT) with an affiliated master limited partnership. Sunwest as a management company would be reorganized and would contract to manage the senior living properties held by the REIT/MLP.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In