Keynote speaker Paul Klaassen from Washington DC founded Sunrise Senior Living in 1981 at age 25 and has since built 460 communities across four countries, with 51,000 residents and 42,000 employees. After averaging 20 to 30 new communities a year, he stated they have ceased all new development and retrenched all development staff because of the global financial crisis.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
