KKR Has Fivefold Gain in First Property-Investment Sale “KKR & Co. (KKR)’s sale of a stake in a senior-residence management business, the first exit of a U.S. property deal by the firm’s real estate unit, resulted in a fivefold gain on its investment. The sale of the interest in Sunrise Senior Living LLC’s management unit was completed yesterday, according to statements from McLean, Virginia-based Sunrise and one of the buyers, Revera Inc., a Canadian ...
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