National Commercial Real Estate News From CoStar Group
New Senior Housing Venture LCB Sees Opportunity as Investment Conduit for Big Private-Equity Players
As big private-equity investors continue to jockey for position in the seniors assisted-living property market, specialized advisory firms are emerging to help guide and place that investment.
Most recently Berkshire Group and Grosvenor agreed to provide capital for a Norwood, MA-based firm led by a management team with roots back to the first assisted-living boom in the mid-1990s.
New York-based Berkshire earlier this month formed Berkshire...